Xero

XRO.ASX

Information Technology

The Company is a provider of online accounting software for small businesses.

Market Data

Price

$81.030

+0.1%
Market Cap

$12.8B

P/E Ratio

88.1x

EPS

$0.854

Div. Yield

0.00%

52-Week Change

-0.4%

Latest Earnings

Appendix 4E & FY26 Annual Report

14 May 2026

Revenue
$2,753
+31.0% YoY
NPAT
$167.42
-27.0% YoY

Xero delivered strong FY26 results with operating revenue of NZ$2,753M (up 31% YoY) and adjusted EBITDA of NZ$757M (up 18% YoY), adding 506,000 net new customers to reach 4.9 million globally. Net profit declined 27% to NZ$167.4M due to the Melio acquisition impact and integration costs, though the company achieved operational leverage with disciplined expense management and is well-positioned for AI-driven growth in FY27-28. Key points: Strong revenue growth of 31% YoY to NZ$2.8B with 506,000 net new customers added, reaching 4.9M total customers across 180+ countries; Adjusted EBITDA grew 18% to NZ$757M; Rule of 40 achieved at 48.5% (up 4.2pp YoY) demonstrating strong growth-profitability balance; Average revenue per customer (ARPC) increased 11% YoY to NZ$55.44, with 23% growth in annualised monthly recurring revenue (AMRR) to NZ$3.3B

Recent Announcements

14 May 2026 Actual Results Positive

Appendix 4E & FY26 Annual Report

Xero delivered strong FY26 results with operating revenue of NZ$2,753M (up 31% YoY) and adjusted EBITDA of NZ$757M (up 18% YoY), adding 506,000 net new customers to reach 4.9 million globally. Net profit declined 27% to NZ$167.4M due to the Melio acquisition impact and integration costs, though the company achieved operational leverage with disciplined expense management and is well-positioned for AI-driven growth in FY27-28. Key points: Strong revenue growth of 31% YoY to NZ$2.8B with 506,000 net new customers added, reaching 4.9M total customers across 180+ countries; Adjusted EBITDA grew 18% to NZ$757M; Rule of 40 achieved at 48.5% (up 4.2pp YoY) demonstrating strong growth-profitability balance; Average revenue per customer (ARPC) increased 11% YoY to NZ$55.44, with 23% growth in annualised monthly recurring revenue (AMRR) to NZ$3.3B

17 Feb 2026 Date Announcement Neutral

Earnings Release - 14 May 2026

Upcoming earnings release expected 14 May 2026 (from Yahoo Finance (confirmed))

13 Nov 2025 Actual Results Positive

Appendix 4D & FY26 Interim Report

Xero delivered strong H1 FY26 results with operating revenue growing 20% to NZ$1,194m and net profit surging 42% to NZ$135m, driven by subscriber growth and ARPU expansion across all three major markets. The company achieved a Rule of 40 outcome of 44.5% with free cash flow margin expanding to 26.9%, while successfully completing the Melio acquisition to accelerate US growth. Operating expenses increased to 77.0% of revenue including acquisition costs, though management expects improvement to ~70.5% for full year FY26. Key points: Revenue growth of 20% YoY (18% in constant currency) to NZ$1,194m with strong momentum across all three major markets (Australia 19%, UK 25%, North America 21%); Net profit increased 42% to NZ$135m with net margin expanding to 11.3%, demonstrating operating leverage despite significant Melio-related costs; Rule of 40 outcome of 44.5% achieved through revenue growth and expanded free cash flow margin of 26.9% (up from 21.0%), with free cash flow increasing 54% to NZ$321m

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