Meridian Energy Limited 2026 Full Year Financial Results

• Operating cash flows increased to $810 million
• Net profit after tax improved to $130 million
• Dividend increased by 7.1% to 22.50 cents per share
• Renewable energy development pipeline progressing
• Commitment to sustainability and community support

Meridian Energy Limited reported its full-year financial results for the year ended 30 June 2026, showing a robust recovery from the previous year's challenges. The company recorded operating cash flows of $810 million, up from $318 million in the previous year, and a net profit after tax of $130 million compared to a loss of $452 million in FY25. EBITDAF increased from $611 million to $1,051 million, and underlying net profit rose from $56 million to $308 million. The company also declared a final ordinary dividend of 16.10 cents per share, bringing the total ordinary dividends declared in FY26 to 22.50 cents per share, a 7.1% increase from the previous year. Meridian's renewable energy development pipeline is progressing well, with several projects under construction and others in advanced stages. The company remains committed to sustainability and community support, having extended its Energy Wellbeing Programme and increased funding for its Community Decarbonisation Fund.

Operating cash flows: $810 million; Net profit after tax: $130 million; Dividend: 22.50 cents per share

Meridian Energy expects to continue building renewable and firming assets to make power more affordable for homes and businesses. The company is also committed to sustainability and community support initiatives.