Key Highlights

  • Dicker Data Limited (ASX:DDR) reported 1H26 revenues from ordinary activities of $1,406.8 million, up 13.5% year-on-year, with shares trading at $14.885, up 0.64%, during the Trading session on 17 September 2026.
  • Net profit after tax attributable to members rose 54.1% to $60.7 million, while net profit before tax increased 52.7% to $86.4 million.
  • Gross sales, a non-IFRS measure, increased 14.2% to $2,100.9 million, driven by growth across most product categories and an 18.1% increase in Australian gross sales.
  • The company paid total dividends of 23.0 cents per share, or $41.6 million, fully franked, during the half-year period.

Dicker Data Limited (ASX:DDR) shares traded at $14.885, up 0.64%, during the trading session on 17 September 2026. The wholesale value-added distributor of IT hardware, software, cloud, access control and surveillance solutions recently released its Appendix 4D and Interim Financial Report for the half year ended 30 June 2026, reporting a return to double-digit Revenue growth.

1H26 Financial Results

Statutory revenue from ordinary activities for the six months to 30 June 2026 was $1,406.8 million, up 13.5% from $1,239.1 million in the prior corresponding period. Net operating profit before tax rose 50.1% to $86.4 million from $57.6 million, while net profit before tax increased 52.7% to $86.4 million from $56.6 million. Net profit after tax attributable to members rose 54.1% to $60.7 million from $39.4 million.

Gross sales, a non-IFRS measure representing gross proceeds from the sale of goods and services, increased 14.2% to $2,100.9 million from $1,840.4 million, driven by growth across most product categories. The company said this was supported by strategic buying during the reporting period, with gross profit, excluding other revenue, at $205.6 million, up from $167.1 million, and profit margins increasing to 14.6% from 13.5%. Excluding one-off costs, operating costs as a percentage of sales decreased to 5.9% from 6.1%.

At a country level, gross sales for Australia were $1,826.4 million, up 18.1% from $1,546.4 million. New Zealand gross sales were $269.8 million, down 7.6% from $292.0 million, which the company attributed to currency conversion movements; in local New Zealand dollar terms, the New Zealand Business delivered small growth of 1.6% to NZD $323.5 million.

Dividends and Net Tangible Assets

Net Tangible Asset per ordinary share rose to $1.50 from $0.90 a year earlier. Total dividends declared and paid during the half-year were 23.0 cents per share, or $41.6 million, fully franked, comprising an 11.50 cent final Dividend for FY2025 paid on 19 March 2026 and an 11.50 cent Interim Dividend for FY2026 paid on 2 June 2026. Of the total $41.6 million in dividends paid, $36.3 million was paid as cash dividends and $5.3 million was reinvested through the company's Dividend reinvestment Plan, which remains available to shareholders.

Key Takeaways

Dicker Data returned to double-digit revenue and gross sales growth in the first half of 2026, with net profit after tax rising more than 50% on the back of stronger margins and disciplined cost management. Growth was led by the Australian business, which expanded gross sales by 18.1%, while the New Zealand business delivered modest growth in local currency terms despite a reported decline driven by Exchange Rate movements. The continuation of fully Franked Dividend payments, supported by the company's Dividend Reinvestment Plan, reflects a business converting its revenue growth into sustained Shareholder returns.