TechnologyOne
TNE.ASXInformation Technology
Software Sales, Services, R&D
Market Data
$31.850
+0.1%$9.8B
69.5x
$0.429
1.27%
+0.0%
Latest Earnings
SaaS Plus Momentum Drives Record Results-Reaffirmed Guidance
19 May 2026
TechnologyOne delivered record H1 FY26 results with ARR of $598.0M (+17%), PBT of $89.1M (+9%), and NPAT of $66.8M (+6%), landing exactly in-line with guidance as the company invests heavily in SaaS+, AI products, and the Showcase event. Management reaffirmed upgraded FY26 guidance of 18-20% PBT growth and 16-18% ARR growth, targeting the top of both ranges with 100% free cash flow conversion to NPAT, underpinned by strong underlying momentum (19% ARR growth and 21% PBT growth on a constant currency, Showcase-normalised basis). Key points: 17th consecutive first-half record profit, with record ARR of $598.0M (+17%) and record revenues of $322.7M (+11%); Industry-leading Net Revenue Retention of 114% (116% constant currency) demonstrating strong customer expansion and AI-driven product adoption acceleration; Underlying operational momentum masked by deliberate investments: 19% ARR growth and 21% PBT growth on constant currency and Showcase-normalised basis; underlying PBT margin improved 2 points to 30%
Recent Announcements
TNE H1 FY26 Half Year Results Presentation
TechnologyOne Limited (ASX: TNE) announced its H1 FY26 half-year results for the period ended 31 March 2026, reaffirming FY26 guidance with ARR growth of 17% to $598.0m and profit before tax growth of 9% to $89.1m, while increasing the interim dividend by 21% to 8.0 cents per share.
SaaS Plus Momentum Drives Record Results-Reaffirmed Guidance
TechnologyOne delivered record H1 FY26 results with ARR of $598.0M (+17%), PBT of $89.1M (+9%), and NPAT of $66.8M (+6%), landing exactly in-line with guidance as the company invests heavily in SaaS+, AI products, and the Showcase event. Management reaffirmed upgraded FY26 guidance of 18-20% PBT growth and 16-18% ARR growth, targeting the top of both ranges with 100% free cash flow conversion to NPAT, underpinned by strong underlying momentum (19% ARR growth and 21% PBT growth on a constant currency, Showcase-normalised basis). Key points: 17th consecutive first-half record profit, with record ARR of $598.0M (+17%) and record revenues of $322.7M (+11%); Industry-leading Net Revenue Retention of 114% (116% constant currency) demonstrating strong customer expansion and AI-driven product adoption acceleration; Underlying operational momentum masked by deliberate investments: 19% ARR growth and 21% PBT growth on constant currency and Showcase-normalised basis; underlying PBT margin improved 2 points to 30%
Ceasing to be a substantial holder
Pinnacle Investment Management Group Limited ceased to be a substantial holder (20%).
Ceasing to be a substantial holder
BlackRock Group (BlackRock Inc. and subsidiaries named in Annexures ceased to be a substantial holder.
Earnings Release - 19 May 2026
Upcoming earnings release expected 19 May 2026 (from Yahoo Finance (confirmed))
Becoming a substantial holder
BlackRock Inc. and its subsidiaries have become substantial shareholders in Technology One Ltd (TNE), with combined relevant interests in ordinary shares acquired through on-market purchases and in specie transfers between 28 November and 1 December 2025, at prices ranging from approximately AUD 29.48 to AUD 30.25 per share.
Ceasing to be a substantial holder
Address ceased to be a substantial holder.
Becoming a substantial holder
NORGES BANK became a substantial holder (5.05%).
Ceasing to be a substantial holder
Hyperion Asset Management Limited ceased to be a substantial holder.
Guidance Upgrade-AI driving TNEs confidence in the future
TechnologyOne upgraded its FY26 guidance with profit growth increasing to 18-20% (from 13-17%) and ARR growth of 16-18%, driven by strong momentum in their SaaS+ platform and AI product launches. The company invested $8-9M in AI showcases during H1 FY26, resulting in high single-digit profit growth for the half, but expects strong H2 performance to deliver the upgraded full-year guidance. Management expressed confidence in their customer pipeline across Australia, New Zealand, and the UK. Key points: Guidance upgraded with PBT growth increased to 18-20% from previous 13-17% range; ARR growth guidance of 16-18% with company targeting top end of both ranges; Strong customer pipeline momentum across Australia, New Zealand and UK markets
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