Highlights

  • Iress completed a simplification programme that positioned its continuing operations around Wealth and Trading & Market Data.
  • In May 2026 Iress announced a Partnership with Thoughtworks to accelerate the modernisation of its platforms.
  • Iress published its 2026 half-year results in August, following its February publication of FY25 accounts.
  • Iress is progressing product modernisation and the efficiency programme described in its corporate updates.

Iress (ASX:IRE) is advancing its wealth and trading software strategy following the first half of 2026, supported by a platform modernisation partnership and changes to its finance leadership. The Business is focused on delivering financial technology to institutional, adviser and market-data customers.

A More Focused Operating Portfolio

Iress completed a simplification programme that positioned its continuing operations around Wealth and Trading & Market Data. Its full-year 2025 results reported adjusted EBITDA of AUD 136.2 mn and Underlying Profit after tax of AUD 73.9 mn. These are adjusted financial measures, distinct from statutory net profit after tax of AUD 79.3 mn. The group said continuing-business Revenue grew 6.5% in FY25, while adjusted EBITDA for that business rose 14.9%. These figures describe the completed FY25 reporting period rather than the current half-year. The group provides technology used in portfolio management, financial advice, trading and market information.

Modernisation Through Technology Partnership

In May 2026 Iress announced a partnership with Thoughtworks to accelerate the modernisation of its platforms. The collaboration is directed at technical architecture and delivery capability rather than a completed sale of a business unit. Iress continues to offer software that supports financial advisers, wealth-management institutions and trading customers. The company’s Investment priorities place product development alongside operating efficiency. A modernised technology base is intended to help teams maintain established applications and deliver new capabilities to customers. The pace of implementation will depend on the specific programme and operational priorities.

Half-Year Results Add A New Reference Point

Iress published its 2026 half-year results in August, following its February publication of FY25 accounts. The half-year report and investor presentation provide the company’s latest completed formal financial reporting set as at 10 November. In September it announced the appointment of a group chief financial officer, following an earlier announcement about its planned finance Leadership transition. These are separate corporate steps from customer contract awards or software launches. Investors assessing the company can distinguish completed financial results, announced technology work and management changes without treating them as equivalent revenue events.

FY26 Priorities Remain In Execution

Iress is progressing product modernisation and the efficiency programme described in its corporate updates. Its FY25 announcement provided FY26 revenue guidance of AUD 520 mn–528 mn, cash EBITDA of AUD 116 mn–123 mn and underlying profit after tax of AUD 84 mn–90 mn at that time. Those figures were guidance, not realised FY26 results, and subsequent formal updates govern the current outlook. The next financial publications will establish the outcome of ongoing work. Iress continues operating as a specialist financial software provider while developing its technology and delivery model.

Iress shares rose 1.22% to AUD 5.83 on 10 November 2026. The company had a Market Capitalisation of AUD 1.09 bn.