Flight Centre Travel Group Reports FY26 TTV of $25.7b and NPAT Up 38% at Annual General Meeting

Anjali Anand

11 November 2026 12:32 PM AEDT

Flight Centre Travel Group Reports FY26 TTV of $25.7b and NPAT Up 38% at Annual General Meeting

Image Source: Krish Capital Pty Ltd

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Flight Centre Travel Group (ASX:FLT) disclosed its full-year FY26 financial results at its Annual General Meeting on 11 November 2026, reporting total transaction value of $25,676 million, revenue of $2.9 billion, and statutory net profit after tax of $149 million, up 38% from $108 million in FY25.

Key Points

TTV rose 4.7% to $25,676 million for the year ended 30 June, with growth recorded in both leisure and corporate segments
Underlying profit before tax declined 4.0% to $278 million, with a circa $60 million Middle East-related hit to leisure profit recorded in Q4
Statutory NPAT increased 38% to $149 million, with earnings per share rising to 70.9 cents from 49.6 cents
Final dividend of 30.0 cents per share declared, up from 29.0 cents in FY25; interim dividend was 12.0 cents per share
An initial $200 million share buy-back was completed and an additional $200 million buy-back program was initiated, with 16.2 million shares repurchased under the initial program

FY26 Group Financial Results

For the year ended 30 June, Flight Centre reported revenue of $2.9 billion, up 3%, and EBITDA of $431 million, up 8% from $399 million. Underlying EBITDA rose 3.9% to $466 million. Statutory profit before tax was $213 million, marginally up 0.2%. Underlying PBT fell 4.0% to $278 million. The company attributed the gap between underlying EBITDA and underlying PBT growth to higher intangible software amortisation, new lease costs in leisure, and increased net interest expense. Cash operating cash inflows were $278 million compared with $139 million in FY25. Cash and investments totalled $842 million at year end, against $826 million in FY25.

Q4 Middle East Disruption and Leisure Impact

According to the filing, the company's underlying profit before tax was tracking near or above the top of its $310 million to $345 million target range, excluding the Pedal Group, through the end of the third quarter of FY26. A significant disruption occurred in Q4, with Middle East hostilities contributing approximately $60 million in losses to leisure profit. The filing states that Australia's Do Not Travel advisory for key Middle East transit hubs remained in place until 17 June, affecting the company's largest leisure market. Touring and In-Destination businesses were also impacted. Net Promoter Scores reached record highs in several brands during Q4, including the Flight Centre brand.

Corporate Segment Delivers Record TTV and UPBT Growth

The corporate segment reported TTV of $12,674 million for FY26, up 2.9% from $12,318 million in FY25, with TTV described as increasing 5% year-on-year in constant currency. Corporate underlying PBT rose 28.0% to $240 million, while underlying EBITDA increased 24.4% to $275 million. The underlying PBT margin improved to 1.9% from 1.5%. The filing noted that FCM UAE TTV declined approximately 15% due to Middle East conflict impacts, with Asia and Europe businesses also affected. The filing states that 45% of a $1.6 billion new account pipeline was won during Q4 and is set to commence trading during FY27.

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