WiseTech reports full year revenue jump of 79%

• WiseTech Global delivered total full-year revenue of US$1.40 billion, up 79% on FY25.
• Underlying net profit after tax climbed 29% to US$313.5 million.
• Growth was driven by the e2open acquisition, artificial intelligence savings, and new commercial products.

Logistics software provider WiseTech Global (ASX:WTC) reported total revenue of US$1.3959 billion for the full year, representing a 79% increase compared to the previous financial year.

The revenue surge came within the company’s guidance range and contrasts with statutory net profit after tax, which fell 11% to US$178.7 million.

Reported EBITDA reached $558.4 million, up 46% on FY25, with a reported EBITDA margin of 40%. Underlying NPAT came to $313.5 million, up 29% on FY25, while statutory NPAT hit $178.7 million.

“We now operate across five deep, complex, regulated and large markets: logistics and transport; connected supply chain orchestration; trade finance and banking; customs, border and government; and verified identity, trust and data,” stated WiseTech CEO Zubin Appoo

Operational performance saw underlying EBITDA increase 56% to US$644.5 million, supported by $64 million in annualised cost savings from the e2open acquisition and $51 million from AI transformation programmes.

The company increased its fully franked ordinary final dividend by 14% to 8.8 US cents per share.

Following the announcement, the WiseTech Global share price was unchanged at $45.47.

The company anticipates FY27 revenue of US$1.48 billion–US$1.54 billion, representing revenue growth of 6%–10%.

Underlying EBITDA is expected to be in the range of US$725 million–US$780 million, representing growth of 12%–21%.

WiseTech operates as a developer of cloud-based logistics execution software, centred on its core international freight platform, CargoWise.