What were the key financial highlights for Airtasker (ASX:ART) in 3Q26?

Airtasker reported a 12.2% increase in group revenue to $15.2 million for the third quarter of FY26. This growth was supported by a 17.8% jump in Gross Marketplace Volume (GMV), which reached $56.7 million.

How is Airtasker (ASX:ART) performing in its core Australian market?

The Australian division remains the company's primary engine, with revenue growing 14.4% to $12.3 million during the quarter.

What is the status of Airtasker’s international expansion in the UK and US?

Airtasker is seeing significant percentage growth in its "acceleration phase" abroad, albeit from a smaller base. UK revenue rose 43.5% to $1.0 million, while US revenue surged 116% to $0.3 million.

What does the new Airtasker membership model mean for the investment thesis?

Launched in February 2026, the membership program attracted over 1,000 subscribers in its first month. For investors, this is a strategic move to pivot the business toward recurring revenue and higher user retention.

Is Airtasker (ASX:ART) financially stable enough to fund its global growth?

Airtasker maintains a solid balance sheet with over $26 million in cash and term deposits as of March 31, 2026. While the company anticipates a cash outflow of $5.0 million to $6.0 million for FY26 to fund international marketing, its current reserves provide a comfortable runway.

What is the management guidance for the remainder of FY26?

Management has reaffirmed its full-year guidance for FY26, signalling that the business is on track to meet its internal targets despite the costs of international scaling.

Tech

Airtasker Q3 revenue up as international growth accelerates

Written by Isaac FrancisPublished Apr. 22 2026Last Updated Apr. 22 2026

Airtasker (ASX:ART) has delivered its third-quarter performance for the 2026 financial year, characterised by a 12.2% increase in group revenue to $15.2 million.

The results, underpinned by a 17.8% jump in gross marketplace volume to $56.7 million, reflect the company's dual-track strategy of fortifying its Australian dominance while scaling abroad.

In its core domestic market, revenue climbed 14.4% to $12.3 million, bolstered by a massive 33% surge in unprompted brand awareness.

The local momentum has been largely credited to high-impact media partnerships with Nine Entertainment, OOh! media, and ARN, which have amplified the platform's reach across the continent.

Beyond Australian shores, the company’s international "acceleration phase" is yielding impressive dividends.

UK revenue skyrocketed 43.5% to $1 million, while the burgeoning US market saw revenue more than double, increasing 116% to $0.3 million.

Airtasker is leveraging $18.4 million in secured premium advertising inventory to penetrate these high-growth territories further.

Innovation also remains a priority, with a newly launched membership model which attracted over 1,000 subscribers within its first month.

The management has reaffirmed its full-year guidance.

At the time of reporting, Airtasker’s share price was $0.26.