Zip Co Ltd FY 2026 Results Overview
Zip Co Ltd, the Australian digital‑payments and buy‑now‑pay‑later provider, reported record cash earnings for the 12‑month period ended 30 June 2026. Cash EBITDA reached A$268.9 million, representing a 57.9% increase over the prior year, while statutory net profit after tax rose 45.7% to A$116.4 million, surpassing the company’s own annual targets.
Revenue for the fiscal year grew 24.7% to A$1,336.1 million. The U.S. operation generated A$903.1 million of revenue, up 37.3% year‑on‑year, whereas the Australia and New Zealand segment contributed A$432.9 million, a 4.6% increase.
Group transaction volume expanded 27.2% to A$16.65 billion. Within this, U.S. dollar‑denominated volume surged 42.5%, elevating the United States to 76% of total group transactions.
Operating margin improved by 420 basis points to 20.0%. Net bad debts rose to 1.77% of transaction volume from 1.52% a year earlier, remaining within the company’s target range.
The board did not declare a dividend for the year. Zip completed on‑market share buybacks amounting to A$150 million during FY 2026 and announced an additional buyback programme of up to A$50 million for fiscal 2027.
The company indicated it may pursue a share consolidation, subject to shareholder approval at the 2026 annual general meeting, and continues to evaluate a potential dual listing on a U.S. stock exchange.
Looking ahead, Zip forecasts FY 2027 group cash EBITDA of A$340 million, implying 26% earnings growth, and expects operating margin to expand to a range of 20%‑22%. The firm also projects U.S. transaction volume growth of more than 30% in U.S.‑dollar terms.