Highlights

  • Breville Group reported FY26 Revenue of approximately AUD 1.81 billion, representing reported growth of 6.7%.
  • Revenue increased 9.7% in constant-currency terms, supported by coffee, cooking and geographic expansion.
  • EBIT increased 1.2% to approximately AUD 207 million, while NPAT attributable to members rose 1.7% to AUD 138.1 million.
  • Manufacturing Diversification continued during FY26, with the company reducing its dependence on China for products sold into 120-volt markets.

Breville Group Limited (ASX:BRG) has developed from an Australian appliance Business into an international premium kitchen technology company, with products sold across the Americas, Europe, the Middle East, Asia-Pacific and other developing markets.

Its portfolio includes Breville, Sage, Baratza and Lelit, with coffee machines forming a particularly important part of its global positioning. The group also operates across cooking and food preparation categories, combining appliance design with product development, digital capabilities and growing geographic distribution.

Breville’s FY26 results, released in August 2026, highlighted the benefits of that international strategy. Revenue reached a new record, although Earnings growth was more measured as tariffs, Manufacturing transition expenses and input-cost pressures influenced profitability.

FY26 Performance

For the year ended 30 June 2026, Breville reported total sales revenue of approximately AUD 1.81 billion, up 6.7% on a reported basis and 9.7% in constant currency.

EBIT increased 1.2% to approximately AUD 207 million. NPAT attributable to members rose 1.7% to AUD 138.1 million, while Earnings Per Share increased 1.2% to 95.5 cents.

The difference between revenue and EBIT growth reflected several cost pressures during the year. Breville absorbed tariff-related impacts, expenses associated with its manufacturing diversification program and inflationary pressures affecting parts of its Supply chain.

Even so, gross Margin improved during the second half, reaching 36.8% compared with a full-year level of approximately 36.0%.

The company finished FY26 with net cash of AUD 104.4 million, supported by underlying cash generation and Tariff refunds received toward the end of the financial year.

Global Growth

Breville’s geographic diversification remains an important element of its growth strategy.

The Americas delivered constant-currency revenue growth of 10.8% during FY26, with premium coffee products continuing to support demand. Emerging markets were another notable contributor, with revenue from markets including Mexico, the Middle East, South Korea and China rising 74% year on year.

Coffee remains central to the group’s product ecosystem. Breville has built a portfolio spanning espresso machines, grinders and related products aimed at consumers seeking café-style experiences at home.

Cooking also contributed to FY26 growth, helping broaden the company’s exposure beyond its established coffee franchise.

Geographic expansion offers Breville a way to increase its addressable market without relying solely on mature markets. However, expansion also requires Investment in marketing, distribution, localisation and customer support.

Supply Diversification

One of the more important operational themes from Breville’s August 2026 update was manufacturing diversification.

The company has been reducing its dependence on China for production serving 120-volt markets, particularly as changing US tariff arrangements create greater uncertainty for globally sourced consumer products.

By the FY26 result, approximately 85% of profit associated with products sold into 120-volt markets was sourced outside China.

This transition can improve supply-chain flexibility over time, although moving manufacturing between countries can carry near-term costs and execution challenges.

Breville therefore needs to balance diversification with product quality, availability, manufacturing efficiency and gross-margin management.

FY27 Focus

Breville did not provide formal FY27 earnings guidance with its August result. However, management indicated expectations for margin improvement and a return toward more normal EBIT growth.

The company also described its upcoming product pipeline as its most significant since 2015, making new product execution an important Factor to watch during FY27.

Investors are likely to monitor whether revenue momentum can translate into stronger earnings growth as manufacturing transition costs moderate.

Tariffs, Commodity and freight costs, foreign-exchange movements and consumer Demand remain relevant variables. At the same time, continued growth in coffee, emerging markets and new product categories could provide additional opportunities.

Final Takeaway

Breville Group’s FY26 result reflected continued progress in its transformation into a broader global appliance and kitchen technology business.

Record revenue of approximately AUD 1.81 billion demonstrated continued demand across its international portfolio, with constant-currency growth reaching 9.7%. However, EBIT growth of 1.2% showed that cost and tariff pressures limited the conversion of higher sales into comparable earnings growth.

For Breville Group (ASX:BRG), FY27 will place greater focus on margin recovery, successful new-product launches, emerging-market expansion and the benefits of manufacturing diversification.

The company’s established coffee position provides an important foundation, while its ability to scale additional product categories and geographies will remain central to its longer-term growth profile.