Key Highlights

  • ASIC ended its investigation into alleged trading in WiseTech shares and issued no-action letters to three current employees.
  • FY26 total Revenue rose 79 per cent to US$1,395.9 million, including e2open.
  • Underlying EBITDA rose 56 per cent to US$644.5 million.
  • FY27 total revenue growth is guided to 6 to 10 per cent.

WiseTech Global (ASX:WTC) is no longer a member of the S&P/ASX 50. S&P Dow Jones Indices announced on 4 September 2026 that the company would be removed from that index before the open of trading on Monday 21 September 2026, as part of its September quarterly review.

What the company does

WiseTech develops and sells CargoWise, a cloud-based software platform used by freight forwarders and logistics providers to manage customs, shipping and warehousing. It has grown partly through acquisitions, the largest recent one being e2open, a Supply chain software business. Zubin Appoo succeeded co-founder Richard White as chief executive.

Latest developments

On 15 October 2026 WiseTech told the ASX that the Australian Securities and Investments Commission had closed two matters. The regulator ended its investigation into alleged trading in WiseTech shares, which the company first disclosed on 28 October 2025, and issued no-action letters to Richard White and two other current employees. ASIC said an investigation continues into a non-employee.

ASIC also closed a governance investigation that began in late 2024 and issued the company a no-action letter, meaning it will not take enforcement action over that matter. Independent Chair Raelene Murphy described the outcome as another step forward for the company.

Earlier, in February 2026, the company reported first-half results and was reported to be cutting around 2,000 jobs, as it leaned on artificial intelligence to lower costs.

Financial evidence

WiseTech reported full-year results for the year to 30 June 2026 on 26 August 2026, with figures in US dollars. Total revenue rose 79 per cent to US$1,395.9 million, within guidance, and e2open contributed US$541.2 million of that revenue.

Underlying EBITDA rose 56 per cent to US$644.5 million, a Margin of 46 per cent. Reported EBITDA was US$558.4 million, up 46 per cent. Underlying net profit after tax rose 29 per cent to US$313.5 million, while statutory net profit after tax fell 11 per cent to US$178.7 million.

Free Cash Flow rose 43 per cent to US$410.7 million. Management said cost-saving programmes had delivered about US$115 million of annualised savings. A final fully Franked Dividend of 8.8 US cents per share was declared.

For the 2027 financial year, WiseTech guided to total revenue growth of 6 to 10 per cent, or US$1.48 billion to US$1.54 billion, and underlying EBITDA growth of 12 to 21 per cent at a margin of 49 to 51 per cent.

Material risks

Integration is the central operating risk. Revenue growth is guided to slow sharply once the e2open contribution is in the base, so organic performance of CargoWise matters more to the outlook.

The gap between underlying and statutory profit points to meaningful adjusting items.

Governance and regulatory scrutiny has eased with ASIC's no-action letters, but its investigation into a non-employee continues.

Milestones to watch

Investors may watch the company's annual general meeting, usually held in the final quarter of the calendar year. The next major checkpoint is the half-year result, which in the previous year was reported in February 2026 as noted above.

Other markers include progress on e2open integration, delivery against the FY27 revenue and margin ranges, further cost savings, any update on ASIC's remaining investigation, and future S&P/ASX index reviews.