Key Highlights

  • Hansen Technologies Limited (ASX:HSN) reported FY26 Underlying EBITDA of $119.6 million, up 7.2% year-on-year, with shares trading at $3.365, down 0.44%, during the Trading session on 17 September 2026.
  • Operating revenue declined 1.5% to $386.5 million, reflecting revenue mix and foreign exchange headwinds, while Support & Maintenance revenue rose 13.4% to $230.3 million.
  • Net cash from Operating Activities rose 52.0% to $110.4 million, and Underlying NPAT increased 22.5% to $48.5 million.
  • The Board declared a final Dividend of 5.0 cents per share, partially franked at 4.0 cents, as the company flagged FY27 as an Investment and transition year.

Hansen Technologies Limited (ASX:HSN) shares traded at $3.365, down 0.44%, during the trading session on 17 September 2026. The global provider of industry-specific software recently released its results for the full year ended 30 June 2026 (FY26), reporting Recurring Revenue growth, Margin expansion and strong cash generation, while flagging FY27 as an investment and transition year.

FY26 Financial Results

Hansen reported Operating Revenue of $386.5 million for FY26, down 1.5% from $392.5 million in FY25, which the company attributed to revenue mix including lower licence fees and foreign exchange headwinds. Support & Maintenance revenue, reflecting the company's recurring revenue base, rose 13.4% to $230.3 million from $203.1 million. Underlying EBITDA increased 7.2% to $119.6 million, with the margin expanding 2.5 percentage points to 31.0%. Cash EBITDA rose 13.7% to $106.2 million, at a 27.5% margin.

Underlying NPAT increased 22.5% to $48.5 million from $39.6 million, while Underlying NPATA rose 15.9% to $65.9 million. Net cash from operating activities rose 52.0% to $110.4 million from $72.6 million, which the company attributed to cost discipline and AI-driven productivity benefits. Basic EPS based on underlying NPATA increased 15.8% to 32.3 cents.

Segment Performance

The Communications & Media segment delivered operating revenue of $184.2 million, up 7.5% on the prior year, with an Underlying EBITDA margin of 57.6%. The segment welcomed the Digitalk Acquisition in December 2025, which contributed approximately $11 million of revenue in FY26 and helped offset the impact of a one-off Virgin Media O2 contract licence fee recorded in the prior year. Key highlights included the renewal and expansion of major customer relationships, including Telefónica Germany, DishHome Nepal and MultiChoice, alongside the early release of an AI-powered Catalog Agent.

The Energy & Utilities segment delivered operating revenue of $202.3 million, down 8.5% on the prior year, with an Underlying EBITDA margin of 34.9%. The company said performance reflected customer caution and delayed decision-making in certain markets, with Germany in particular underperforming expectations due to a slower-than-anticipated smart meter roll-out and some customer churn. Despite these near-term headwinds, the company reported several key renewals in APAC, including Aurora Energy and ENGIE, and remains positive on future growth opportunities in the German market. Corporate costs decreased by $2.6 million to $57.0 million due to cost discipline and income from tax R&D credits.

Dividend Declaration

The Board declared a final dividend of 5.0 cents per share, partially franked at 4.0 cents per share. The Record Date for the final dividend is 25 August 2026 and the payment date is 18 September 2026. The Dividend reinvestment Plan will again be available to shareholders with no discount, with an election cut-off date of 26 August 2026.

AI Investment and FY27 Outlook

Hansen said it has spent the past 12 months building foundations to embed AI across its products, operations and customer solutions, including establishing an AI Enablement Team and developing NOVA RAG, an enterprise knowledge platform designed to generate AI responses grounded in the company's product, customer and industry expertise. Global CEO and Managing Director Andrew Hansen said FY26 demonstrated the resilience of the company's Business model, with the recurring revenue base continuing to improve and AI increasingly driving productivity, Operating Leverage and long-term margin expansion, as the company's focus shifts from AI capability building toward deployment and commercialisation.

Key Takeaways

Hansen Technologies delivered margin expansion and substantially higher Operating Cash Flow for FY26, even as headline revenue declined slightly due to mix effects, foreign exchange headwinds and softer conditions in its Energy & Utilities segment, particularly in Germany. The successful integration of the Digitalk acquisition within Communications & Media, combined with continued investment in AI capability through the NOVA RAG platform, positions the company for what it has flagged as an investment and transition year in FY27, as it shifts focus from building AI foundations toward commercialising them.