What were the key financial results for REA Group (ASX:REA) in Q3 FY26?

REA Group reported a strong third quarter with core revenue increasing 11% year-on-year to $398 million, excluding the impact of mergers and acquisitions. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew by 16% to $220 million.

Why did REA Group’s residential revenue grow despite high interest rates?

Residential revenue rose 12% primarily due to a 14% increase in yield and a recovery in national buy listing volumes. Despite broader economic pressure from interest rate hikes, listing activity in the critical Sydney and Melbourne markets grew by 4% and 7% respectively.

How strong is user engagement on the realestate.com.au platform?

REA Group achieved record digital engagement, averaging 12.9 million monthly visitors and a total of 150 million monthly visits during the quarter. This traffic translated into 2.6 million buyer enquiries, up 10% compared to the previous year.

What did REA Group (ASX:REA) announce regarding its cost guidance?

Management lowered the full-year cost guidance for FY26, now expecting group operating expenses to increase by only low to mid-single digits. This revision suggests a tighter focus on capital discipline and operational efficiency.

How is REA Group integrating Artificial Intelligence into its business model?

The company is focusing on AI-powered tools for both consumers and brokers, including the expansion of conversational search within its app. CEO Cameron McIntyre noted that these enhancements are designed to create a more immersive experience and increase value for vendors.

REA Group hits record engagement amid revenue surge

Written by Brie CarterPublished May. 7 2026Last Updated May. 7 2026

REA Group (ASX:REA) has delivered a robust third-quarter performance for the period ended March 31, characterised by double-digit revenue growth and record-breaking digital engagement.

The property technology giant reported a core revenue increase of 11% to $398 million, excluding acquisitions, while EBITDA rose by 16% to $220 million.

The financial surge was primarily underpinned by the residential sector, where revenue grew by 12% due to a 14% increase in yield and a return to growth in national buy listing volumes.

The key markets of Sydney and Melbourne saw listing increases of 4% and 7%, respectively, defying broader economic pressures such as interest rate hikes.

The company recorded an average of 12.9 million monthly visitors, culminating in 150 million monthly visits and 2.6 million buyer enquiries.

CEO Cameron McIntyre attributed these results to the group’s strategic focus on immersive consumer experiences and the integration of AI-powered tools for customers and brokers.

The quarter also marked the Australian launch of iGUIDE, further expanding the group’s technological capabilities.

While the group lowered its full-year cost guidance—anticipating single-digit growth in operating expenses—management remains optimistic about the property market’s underlying health.