Flight Centre posts $25.7B FY26 transaction value

• Flight Centre Travel Group reported a record total transaction value of $25.7 billion alongside a 38% increase in net profit.
• The company's statutory net profit after tax reached $149 million, while underlying profit before tax dipped 4% to $278 million due to fourth-quarter disruptions.
• Management completed $400 million in share buy-backs and expects future group profit growth to be second-half weighted.

Flight Centre (ASX:FLT) delivered a record total transaction value of $25.7 billion for the 2026 fiscal year despite fourth-quarter Middle East disruptions causing a $60 million profit hit to its leisure division.

Group total transaction value growth slowed to 4.7% for the full year after tracking at a 6.9% increase through the first nine months.

"Through the first three quarters we were tracking well ahead of the prior year in both leisure and corporate. Then, in Q4, the Middle East conflict disrupted travel patterns," said Flight Centres Managing Director and CEO Graham Turner.

The company stated that full-year earnings per share rose 43% to 71 cents while total dividend payments grew 5% to 42 cents per share.

Underlying earnings before interest, tax, depreciation, and amortisation rose 3.9% to $466 million, offset by $30 million in combined headwinds from software amortisation, lease costs, and $15 million in net interest expenses.

Following the announcement, the Flight Centre share price was up at $12.96.

The group maintains $87 million in shareholder returns via fully franked dividends and issued a $450 million convertible note to fund ongoing capital management initiatives.

Trading in early July hit record transaction value levels, with corporate segment profit growth outpacing overall sales growth throughout the year.