WiseTech Global reported record annual revenue of AUD 1.396 billion for the fiscal year ended June 30, 2026, a 79% increase from the prior year, driven by strong performance in its core CargoWise segment and full-year consolidation of e2open. CargoWise revenue reached AUD 756.9 million, up 11% year-over-year, supported by AUD 56.6 million in organic growth and contributions from acquisitions.
Underlying earnings before interest, tax, depreciation and amortization rose 56% to AUD 644.5 million, though the margin contracted to 46% from 53% in FY2025. Net profit after tax totaled AUD 313.5 million, a 29% increase, while free cash flow grew 43% to AUD 410.7 million. The company achieved AUD 115 million in annualized cost savings, exceeding its restructuring targets, including AUD 64 million from e2open integration synergies delivered 18 months ahead of schedule.
Shares in WiseTech fell 6.03% to AUD 42.73 following the release, extending declines from a 52-week high of AUD 110.04. The drop reflected investor reaction to FY2027 guidance, which calls for revenue of AUD 1.48 billion to AUD 1.54 billion, representing growth of just 6% to 10%. Underlying EBITDA is projected at AUD 725 million to AUD 780 million, a 12% to 21% increase, with margins expected to expand to 49% to 51%.
CEO Zubin Appoo emphasized the company’s progress in efficiency programs and AI integration, noting that annualized savings from AI initiatives reached AUD 34 million. The company also reported customer attrition below 1% and over 95% migration of CargoWise customers to its value pack commercial model. Net leverage declined to 2.7 times at year-end, with management targeting a reduction to 2.2 times by FY2027 and below 2 times in FY2028.
The company declared a final fully franked dividend of AUD 0.088 per share, representing a 17% payout ratio of underlying net profit.
