How did Aussie Broadband (ASX:ABB) perform financially in H1 FY26?

Aussie Broadband reported a group revenue of $637.8 million for the half-year ended December 31, 2025, representing an 8.4% increase over the previous corresponding period. The company also saw a 13.5% rise in underlying EBITDA.

What is driving the growth in Aussie Broadband’s market share?

As of December 2025, Aussie Broadband (ASX:ABB) has captured 8.8% of the NBN market, supported by a total of 827,700 on-net broadband connections. This growth is largely attributed to a strategic shift toward high-speed plans following the launch of the NBN "Accelerate Great" program.

Why is the shift to high-speed plans significant for ASX:ABB investors?

Nearly 70% of Aussie Broadband’s customer base now utilizes speeds of 100Mbps or higher, a trend fueled by rising household data demands. For investors, this shift is critical because higher-speed tiers typically command higher average revenue per user and better margins.

What is the updated EBITDA guidance for Aussie Broadband in FY26?

Following strong half-year results, Aussie Broadband (ASX:ABB) upgraded its full-year FY26 underlying EBITDA guidance to a range of $162 million to $167 million.

How has the Nexgen acquisition impacted Aussie Broadband (ASX:ABB)?

The integration of Nexgen has been a primary contributor to the 13.5% increase in underlying EBITDA reported in the H1 FY26 results. Acquisitions like Nexgen allow Aussie Broadband to expand its service capabilities and realise operational efficiencies.

What are the main "bull" points for Aussie Broadband (ASX:ABB) after these results?

The "bull case" centers on the company's ability to take market share from larger incumbents and its trajectory toward becoming the #3 NBN provider. Strong revenue growth, an upgraded EBITDA guidance, and a high percentage of customers on premium speed tiers suggest a robust competitive advantage.

What are the key risks or "bear" points for ASX:ABB shareholders?

Despite strong growth, Aussie Broadband operates in a highly competitive telecommunications sector where price wars can compress margins. Any changes to NBN Co’s pricing structures or a slowdown in household spending could impact the adoption of expensive high-speed plans.

Is Aussie Broadband (ASX:ABB) becoming a defensive or growth stock?

Aussie Broadband currently exhibits characteristics of both: its utility-like service provides defensive qualities, while its double-digit EBITDA growth and rising market share align with a growth thesis.

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Aussie Broadband surges toward third-largest NBN provider

Written by Jon CuthbertPublished Feb 23, 2026, 12:29 AMLast Updated Jul 6, 2026, 10:45 AM

Aussie Broadband (ASX:ABB) has solidified its position as a major force in the Australian telecommunications landscape, reporting double-digit revenue growth and significant market share gains for the half-year ended Dec. 31, 2025.

The company’s H1 FY26 performance was headlined by a group revenue of $637.8 million, an 8.4% increase compared to the prior corresponding period.

The growth was bolstered by an expansion in on-net broadband connections, which reached 827,700, and a strategic shift toward high-speed plans following the launch of NBN’s "Accelerate Great" program.

The company's NBN market share has risen to 8.8%, placing it on track to become Australia’s third-largest NBN service provider by the end of 2026.

Profitability saw a marked improvement, with underlying EBITDA rising 13.5% due to operational efficiencies and the successful integration of recent acquisitions like Nexgen.

CEO Brian Maher noted that nearly 70% of the customer base now utilises speeds of 100Mbps or higher, driven by increasing household data demands.

The company has upgraded its full-year FY26 EBITDA guidance to a range of $162 million to $167 million.

Aussie Broadband surges toward third-largest NBN provider

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