Highlights

  • FY26 Revenue reached A$1,810.9 million, while EBIT was A$207.0 million and net profit after tax was A$138.1 million.
  • Gross profit was A$651.4 million, with a 36.0% gross Margin as tariffs and production-diversification costs weighed on profitability.
  • The Global Products segment generated A$1,611.8 million of revenue, with the Americas remaining the largest regional contributor.
  • Breville ended FY26 with net cash of A$104.4 million and declared a fully franked final Dividend of 38.0 cents per share.

Breville Group Limited (ASX:BRG) designs, develops and markets premium kitchen appliances and coffee equipment across global markets, with Breville and Sage central to its product strategy. In FY26, the group combined higher sales with Manufacturing Diversification and new-product investment, while Tariff and freight pressures constrained margins.

FY26 financial performance

For the year ended 30 June 2026, revenue was A$1,810.9 million. EBIT reached A$207.0 million and net profit after tax was A$138.1 million. Gross Profit was A$651.4 million, representing a gross margin of 36.0%. The result showed that sales growth remained intact, but profitability was affected by tariff costs and the transition associated with moving production across a broader manufacturing base.

Breville reported net cash of A$104.4 million at year end, supporting continued Investment in products, inventory and supply-chain changes. A fully franked final dividend of 38.0 cents per share was declared.

Global Products remains the Earnings centre

The Global Products segment generated A$1,611.8 million of revenue and A$585.8 million of gross profit, with a gross margin of 36.3%. The segment includes premium kitchen appliances sold across the Americas, Europe, the Middle East, Africa and Asia-Pacific. The Distribution segment contributed A$199.1 million of revenue and operated at a 32.9% gross margin.

Within Global Products, the Americas contributed A$879.3 million of revenue, followed by Europe, the Middle East and Africa at A$408.1 million and Asia-Pacific at A$324.4 million. Emerging markets including China, Korea, Mexico and the Middle East also expanded during the year.

Tariffs reshape the Supply chain

FY26 included elevated tariff, freight and manufacturing-transition costs. Breville accelerated production diversification for North American products and carried additional inventory to support new facilities. By year end, most gross profit dollars from its 120-volt product range were being sourced outside China.

The company received A$59.6 million of tariff refunds against an existing provision of about A$55 million, leaving only a limited effect on FY26 profit. Management also continued to secure key materials and components ahead of future production needs.

Product development and FY27 watch points

Breville did not provide numerical FY27 earnings guidance. Management highlighted manufacturing diversification, new production sites, tariff mix, component localisation and input-cost movements as key variables. Oil-price Volatility and any further change in tariff settings remain potential cost pressures.

Product development is another focus. The company highlighted the Oracle Dual Boiler, Smart Toast and Baratza Encore ESP, alongside wider use of artificial intelligence in product development. FY27 will show whether new products and supply-chain changes can support sales while improving operating leverage.

Key Insights

Breville’s FY26 result showed continued sales expansion alongside a difficult cost environment. Revenue reached A$1.81 billion, but tariffs and manufacturing changes constrained margins. With no formal FY27 earnings range, attention now shifts to gross-margin progression, supply-chain execution, new products and regional growth.