Highlights

  • FY26 Revenue increased to A$1,295.4 million, while underlying EBITDA rose to A$165.3 million.
  • On-net broadband connections exceeded 1.11 million, with mobile services also expanding during the year.
  • The group completed customer migrations and acquisitions aimed at increasing scale across its telecommunications operations.
  • FY27 guidance points to underlying EBITDA of A$205 million to A$215 million and Capital Expenditure of A$60 million to A$65 million.
  • The company also increased dividends and announced an on-market share buyback.

Aussie Broadband Limited (ASX:ABB) is an Australian telecommunications group providing broadband, mobile, voice and data services across residential, business, enterprise, government and wholesale markets. Its FY26 result highlighted growth in revenue, Earnings and customer connections, alongside acquisitions, migration activity and new FY27 guidance that places continued emphasis on scale and operating execution.

(ASX:ABB) FY26 Financial Performance

For the year ended 30 June 2026, revenue reached A$1,295.4 million, up 9.2%. Underlying EBITDA increased 19.6% to A$165.3 million, while the underlying EBITDA Margin improved to 12.8%. Underlying net profit after tax rose 41.8% to A$52.4 million, and underlying NPATA increased 25.8% to A$70.2 million.

Operating cash flow rose 42.5% to A$167.2 million. The final Dividend was 3.6 cents per share, fully franked, taking the full-year dividend to 6.0 cents per share. Net Leverage was reported at 0.9 times.

Connections and Customer Growth

On-net broadband connections increased by 323,000, or 41%, to more than 1.11 million. The company reported an on-net NBN Market Share of 12.1%, up 3.7 percentage points, while mobile services increased by 48,000 to 263,000. Residential revenue rose 12.4%, and Business, Enterprise and Government revenue also increased 12.4%, with wholesale revenue up 9.4%.

Acquisitions and Migration Activity

During 2026, Aussie Broadband(ASX:ABB) completed the migration of More and Tangerine customers and completed the Acquisition of AGL Telco in June. Migration of AGL Telco customers began in July and was scheduled to finish in the second quarter of FY27. The company also acquired Nexgen in February 2026 to expand its small and medium Business offering.

The group continued to broaden its service mix through mobile and enterprise products. International roaming for retail customers was launched in May 2026, followed by eSIM availability in July 2026.

FY27 Guidance and Capital Management

Management guided to FY27 underlying EBITDA of A$205 million to A$215 million and capital expenditure of A$60 million to A$65 million. The guidance includes a phased contribution from AGL Telco, making migration progress and customer retention important operational factors during FY27.

Aussie Broadband also announced a share buyback of up to A$115 million. Together with a higher full-year dividend and net leverage of 0.9 times, the capital management settings indicate that the company is balancing Shareholder returns with integration and expansion activity.

Key Insights

Aussie Broadband’s FY26 performance was characterised by higher earnings, expanding broadband connections and continued efforts to build scale through acquisitions and customer migrations. FY27 execution will depend on integrating acquired customers, maintaining service quality and progressing toward the company’s guided EBITDA range while managing capital expenditure and shareholder returns.