Highlights

  • H1FY26 Revenue reached USD 672.0 million, up 76% YoY including acquired operations.
  • CargoWise revenue reached USD 372.4 million, an increase of 12% YoY.
  • Reported EBITDA was USD 252.1 million, up 31% YoY.
  • The reported EBITDA Margin declined to 38% from 50% in the comparable period.
  • WiseTech continued CargoWise rollout, integration and logistics connectivity initiatives in 2026.

WiseTech Global Limited (ASX:WTC) develops software for international logistics operations, including its CargoWise platform for freight forwarders and other supply-chain participants. Its 2026 disclosures span expanded consolidated operations, CargoWise customer rollouts and integration work following the addition of e2open. Reported financial growth and the shift in group profitability metrics need to be considered together because the composition of the Business changed.

Half-Year Revenue and Earnings

WiseTech Global Limited (ASX:WTC) reported H1FY26 revenue of USD 672.0 million, representing 76% YoY growth. The company stated that the figure incorporated five months of e2open following completion of that Acquisition in August 2025. It also reported organic revenue growth of 7% YoY. The difference matters because acquired revenue expands consolidated reported sales without necessarily representing the same rate of growth in existing businesses.

CargoWise revenue was USD 372.4 million in H1FY26, up 12% YoY, including 9% organic growth. WiseTech attributed much of the increase to existing customers and global freight-forwarder implementations. The platform-specific result gives a view of the core software Franchise separate from the larger reported group total.

Reported EBITDA reached USD 252.1 million, increasing 31% YoY, while the EBITDA margin was 38%, compared with 50% in H1FY25. The company identified e2open consolidation, restructuring and acquisition-related costs among relevant factors. WiseTech Global Limited (ASX:WTC) also reported statutory net profit after tax of USD 68.1 million, down 36% YoY, while underlying net profit after tax was USD 114.5 million, up 2% YoY. These measures use different accounting adjustments and convey different aspects of profitability.

CargoWise Rollouts and Customer Adoption

WiseTech Global Limited (ASX:WTC) reported new large global freight-forwarder rollouts during H1FY26 and said that its network had reached 59 such rollouts when subsequent signings were included in its February update. The company distinguished customers already operating the platform from those contracted but still implementing it. That matters because a contract announcement and full live deployment are separate events.

Its 2026 disclosures also described changes to the CargoWise commercial model, including a greater focus on transaction-related value. A pricing model can alter the way software consumption is monetised without changing the underlying logistics task performed. WiseTech Global Limited (ASX:WTC) framed these changes within its broader product development and automation work.

The company also announced logistics connectivity initiatives during September and October 2026, including an October CargoWise integration with a New Zealand port community system. Such connections relate to the exchange and use of operational shipment data. They provide product context, but the announcements do not themselves quantify incremental group revenue attributable to the integrations.

Integration, Efficiency and Financial Interpretation

In its February 2026 results, WiseTech said an initial efficiency program had achieved relevant cost-saving milestones ahead of plan. It also outlined a further restructuring proposal affecting development and customer-service functions as part of an AI-led organisational transition. These statements were company plans and actions at that point in the year, not a measure of all costs ultimately recognised.

WiseTech Global Limited (ASX:WTC) reported an interim ordinary Dividend of USD 6.8 cents per share in its H1FY26 release. Dividends, adjusted operating metrics and statutory Earnings should be considered as separate disclosures. The combination of consolidation effects and integration expenses makes direct comparisons of group growth and margins particularly important.

Key Insights

WiseTech Global Limited (ASX:WTC) reported a larger H1FY26 revenue base following acquisition consolidation, alongside CargoWise growth and a lower reported EBITDA margin. Its 2026 product announcements add detail on logistics connectivity and rollout activity. Understanding the period requires distinguishing organic platform performance from acquisition contributions and separating adjusted profitability from statutory earnings.