Highlights

  • Breville reported record FY26 global product Revenue of AUD 1,611.8 million, representing reported growth of 7.4% across its markets overall.
  • Group net profit after tax increased 1.7% to AUD 138.1 million, supported by Manufacturing Diversification and operational initiatives results overall.
  • Breville made further progress diversifying its manufacturing footprint while expanding direct operations in China, the Middle East and Korea markets.
  • The company declared total FY26 dividends of 38 cents per share, an increase of 2.7% from the previous financial year.

Breville Group Limited (ASX:BRG) is a leading global designer and marketer of premium small kitchen appliances, operating under the Breville, Sage (Europe), Lelit (espresso machines), and Baratza (coffee grinders) brands. The company released its FY26 results on 19 August 2026 for the year ended 30 June 2026.

Record FY26 Revenue Performance

Breville Group reported record Global Product segment revenue of $1,611.8 million for FY26, a 7.4% increase in reported currency and 9.7% in constant currency. Americas revenue grew 6.9% (10.8% constant currency) to $879.3 million, EMEA grew 9.0% (8.5% constant currency) to $408.1 million, and APAC grew 6.7% (8.3% constant currency) to $324.4 million. Group NPAT grew 1.7% to $138.1 million, with the modest profit growth relative to strong revenue reflecting the impact of US Tariff headwinds and transitional costs from manufacturing diversification.

Manufacturing Diversification and Tariff Navigation

A defining feature of FY26 for Breville was the completion of its multi-year manufacturing diversification program, designed to reduce concentration risk in Chinese manufacturing and create resilience against US tariff policy changes. FY26 saw the company navigate US tariff policy restructuring on four separate occasions during the year. Management employed a hedged inventory strategy to minimise the net profit and loss impact. FY26 was the first full year in which China, Middle East, Korea, and Mexico all operated on a direct model, without the transitional drag of distributor-to-direct conversion. The results from China (7.1 times prior distributor revenue) and Middle East (6.6 times) were highlighted as exceptional early outcomes.

Capital Position and FY27 Outlook

Breville ended FY26 with a net cash position of $104.4 million, supported by strong operating cash flows. Total dividends for FY26 were 38.0 cents per share, up 2.7% from FY25. Management described FY26 as a year that "tested the Business on every front," but noted that gross Margin of 36.3% was stronger than both the second half of FY25 and the first half of FY26, an encouraging margin trajectory. The company intends to provide more detailed FY27 guidance at its 1H27 results release, acknowledging ongoing uncertainty around US tariff policy and global Supply chain conditions.

Stock Price Information

Shares in Breville Group Limited (ASX:BRG) declined approximately 5% following the FY26 results release due to uncertain FY27 outlook commentary. As of 6 November 2026, BRG shares were trading at approximately $32.85 on the ASX. Investors should refer to ASX announcements at www.asx.com.au for current pricing and the latest company disclosures.