Why did Integrated Research (ASX:IRI) experience a decline in revenue for FY26?

Integrated Research (ASX:IRI) reported lower revenue because the company experienced a softer renewals book and reduced new business contributions in the second half of the year. The company also noted that several new business opportunities were deferred into the first half of FY27.

What are the key financial results reported by Integrated Research (ASX:IRI) for FY26?

Integrated Research (ASX:IRI) expects statutory revenue between $56 million and $58 million, representing a 17% drop at the midpoint from FY25. The company expects an EBITDA loss between $2 million and $4 million, while cash reserves increased 27% to $51.7 million.

How did external financial factors affect Integrated Research (ASX:IRI) earnings?

Integrated Research (ASX:IRI) stated that full-year earnings were negatively impacted by an increase in expected credit losses alongside foreign exchange losses. Despite these headwinds, the business maintained cash generation to support ongoing investments.

What is the future growth strategy for Integrated Research (ASX:IRI)?

Integrated Research (ASX:IRI) is executing a product-led growth strategy designed to accelerate the monetisation of new products and build sustainable new business revenue over the medium term. The company stated this approach aims to generate new business revenue that consistently exceeds customer churn.

What does Integrated Research (ASX:IRI) do as its core business?

Integrated Research (ASX:IRI) is a global software provider that creates performance monitoring and observability solutions for business-critical IT ecosystems. The enterprise software is designed to optimize performance across complex communication and payment networks.

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Integrated Research expects revenue drop to $56M–$58M

Written by Brie CarterPublished Jul 24, 2026, 1:31 AM

Integrated Research released its FY26 trading update showing statutory revenue declining to $56–58 million due to a softer renewals book.
Cash reserves increased 27% to $51.7 million despite lower earnings and contract delays.
The software provider is pursuing a product-led growth strategy to drive new business and offset customer churn.

Integrated Research (ASX:IRI) reported its FY26 trading update showing full-year statutory revenue is projected between $58 million, down 17% at the midpoint compared to FY25.

The revenue decline reflects a softer renewals book and lower second-half new business contributions alongside deferred contract opportunities.

"FY26 was a pivotal year as IR advanced its product-led growth execution, strengthening innovation, product delivery and client engagement despite challenging financial performance," said Integrated Research CEO and Managing Director Ian Lowe.

Earnings were also impacted by increased expected credit losses and foreign exchange losses, though cash reserves grew to $51.7 million.

Following the announcement, the Integrated Research share price was unchanged at $0.29.

The technology firm designs and sells software designed to monitor performance across business-critical computing networks.

The business is focusing on accelerating the monetisation of new products to deliver sustainable revenue growth over the medium term.

Integrated Research expects revenue drop to $56M–$58M

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