Highlights

  • Harvey Norman recorded FY26 system sales of AUD 9.64 billion, up 3.1% across Australian franchisees and international retail operations overall.
  • Adjusted profit before tax rose 10.9% to AUD 654.69 million, excluding specified lease, property and penalty accounting items results overall.
  • EBITDA increased 5% to AUD 1,181.95 million, supported by the franchise, overseas retail and property segments during the year overall.
  • The board declared a fully franked final Dividend of 13 cents per share following the company’s FY26 financial year results.

Harvey Norman Holdings Limited (ASX:HVN) is a diversified retail and property conglomerate operating the Harvey Norman, Domayne, and Joyce Mayne retail brands across Australia, New Zealand, and international markets including Ireland, Slovenia, Croatia, Malaysia, Singapore, and Northern Ireland. The company released its FY26 results on 28 August 2026 for the year ended 30 June 2026.

FY26 Financial Performance

Harvey Norman reported FY26 total system sales Revenue of $9.64 billion, a 3.1% increase from $9.35 billion in FY25. This comprised $6.58 billion in Australian Franchisee sales (up 2.4%) and $3.05 billion in overseas company-operated sales. Profit after tax and non-controlling interests increased 2.0% to $528.46 million. EBITDA of $1,181.95 million was up 5.0% from $1,125.48 million. Adjusting for AASB 16 Lease accounting, net property revaluations, and an $18.8 million pecuniary penalty (related to a Latitude Financial Credit matter), adjusted profit before tax increased 10.9% to $654.69 million.

Segment Performance: Franchising, Overseas, and Property

The franchising operations segment posted profit before tax of $345.18 million, broadly in line with FY25, with segment revenue up 4.3% to $1.09 billion. The franchising Margin was 5.24% in FY26. The overseas company-operated retail segment delivered a 23.4% increase in profit before tax, reflecting strong trading results across Ireland, Slovenia, Croatia, Malaysia, Singapore, and other international markets. Technology-led categories including AI-integrated products were highlighted as key sales drivers. The property segment reported profit before tax of $333.49 million (up 3.7%), including net property Revaluation gains of $156.75 million. Excluding revaluations, property segment profit rose 5.7% to $176.74 million.

Balance Sheet Strength and FY27 Trading Update

Harvey Norman's total Assets grew to $8.85 billion at 30 June 2026, with net assets of $4.94 billion. The company's substantial property portfolio continued to underpin its Balance Sheet strength. For early FY27 trading, management noted that July across most markets was soft, but that an encouraging rebound was recorded across Australian stores in August. The company maintained its long-standing strategy of property ownership to support franchise operations and generate recurring rental income. Net tangible assets per share rose to $4.36 at balance date.

Stock Price Information

Shares in Harvey Norman Holdings Limited (ASX:HVN) traded at approximately $4.42 at the time of the FY26 results release. As of 6 November 2026, HVN shares were trading on the ASX. Investors should refer to ASX announcements at www.asx.com.au and the company's Investor relations page at www.harveynormanholdings.com.au for the latest pricing and disclosures.