2026 Full Year Annual Report and Appendix 4E

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Stock Netwealth Group Ltd (NWL.ASX)
Release Time 26 Aug 2026, 8:36 a.m.
Price Sensitive Yes
 Netwealth Group Ltd FY26 Annual Report
Key Points
  • FY26 revenue from ordinary activities was $383M, a 21.0% increase from FY25
  • Funds Under Administration (FUA) increased 20.3% to $135.7B
  • Funds Under Management (FUM) grew 27.9% to $34.6B
  • Adjusted net profit after tax increased 16.2% to $135.4M
  • Fully franked final dividend of 21.0 cents per share
Full Summary

Netwealth Group Ltd's Annual Report for the year ended 30 June 2026 highlights significant growth in revenue, Funds Under Administration (FUA), and Funds Under Management (FUM). Revenue from ordinary activities increased by 21.0% to $382.9 million. FUA reached a record $135.7 billion, up 20.3% from the previous year, driven by gross inflows of $32.9 billion. FUM grew by 27.9% to $34.6 billion, with managed accounts increasing by 29.9% to $30.5 billion. Total income rose 20.6% to $391.1 million, supported by the growth in FUA and diversification across revenue sources. Adjusted EBITDA increased by 18.0% to $192.9 million, and adjusted net profit after tax rose 16.2% to $135.4 million. The Board declared a fully franked final dividend of 21.0 cents per share, bringing the total dividends for FY26 to 42.0 cents per share, up 9.1% from FY25. The results were impacted by compensation expenses of $100.7 million related to the First Guardian Master Fund collapse, which have been excluded to present ongoing operating performance.

Outlook

Netwealth sees significant opportunity ahead, with plans to double Funds Under Administration over the next four years.