Aussie Broadband Limited has seen its revenue top out at $1.295 billion in its full year results ended 30 June 2026 (FY26), a result thats up slightly (+9.2%) from the $1.186 billion revenue figure the telco posted in FY25.
Underlying EBITDA also rose to $165.3 million, up 19.6% from FY25, while underlying NPATA increased 25.8% to $70.2 million, reflecting what the company said is "strong momentum in organic customer growth, benefits of scale and efficiency initiatives".
Ongoing cost discipline, increasing scale and emerging productivity benefits resulted in 1.2 ppts improvement in EBITDA margin to 12.8%, which more than offset the impact of the Company’s pricing strategy in July 2025 and the continued promotional intensity in the market.
During FY26, Aussie Broadband completed a series of strategic transactions that materially increase scale, expand customer acquisition channels and strengthen the company's earnings profile.
The migration of More and Tangerine services was completed on schedule in June 2026, adding significant scale and establishing a new go-to-market channel through an indirect banking relationship.
In June 2026, Aussie Broadband completed the acquisition of AGL Telco and entered into a long-term strategic partnership with AGL, creating a new channel to market through one of Australia’s largest energy retailers. Migration of AGL services commenced in July 2026 and is on track to be completed in Q2 FY27.
The acquisition of Nexgen, a provider of business communication solutions, from Infotrust in February of this year has enhanced the Group's small and medium business capability and strengthened its ability to serve customers across a broader range of telecommunications solutions, Aussie Broadband said.
In addition, the divestments of Buddy Telco and Digital Sense were completed in H2 FY26, sharpening the company's strategic focus on core telecommunications services and aligning the portfolio with higher-value growth opportunities.
On-net broadband connections increased by 323,000 (up 41% on FY25) to 1.11 million at 30 June 2026, including More and Tangerine services which were migrated onto the network. Aussie Broadband’s market share of on-net NBN services increased 3.7 ppts to 12.1% at 30 June 2026.
The Group has also experienced increasing momentum in mobile connections, adding 48,000 connections over FY26 to 263,000 services (up 22% on FY25), with the launch of international roaming in the retail market in May 2026 and the introduction of eSIM in July 2026 are expected to support further growth in FY27.
Organic growth across all segments
Residential revenue grew 12.4% on FY25 with broadband remaining the primary growth driver, complemented by momentum in mobile services through bundling and product enhancements. Customer retention also remained strong despite increased price sensitivity in the market.
The Business, Enterprise & Government segment delivered another year of double-digit revenue growth (+12.4%), driven by larger strategic customer wins and existing customers expanding their adoption of Aussie Broadband’s products.
Aussie Broadband secured several significant enterprise-grade agreements during FY26, including Bakers Delight, AGL, Accor, Johns Lyng Group, and several additional contracts signed in June 2026, providing a "strong foundation" for further growth in FY27.
Wholesale delivered 9.4% revenue growth during FY26, successfully executing the migration of More and Tangerine services while continuing to grow its underlying customer base. Investment in enablement platforms has strengthened the Company’s ability to scale through multiple channels.
Group CEO Brian Maher said FY26 was a defining year for Aussie Broadband.
"Our premium telco offering continued to attract customers and partners, delivering organic connections growth, strategic customer wins and strong financial performance despite a competitive market backdrop," he said.
"We grew revenue while improving operating leverage, resulting in EBITDA margin expansion and accelerated earnings growth. "Importantly, we also completed a number of strategic transactions that materially strengthen our growth platform and, collectively, underpin the upgraded Look-to-28 ambitions.
"The migration of More and Tangerine connections and the acquisitions of AGL Telco and Nexgen have increased our scale, broadened our customer base and enhanced our ability to meet the evolving needs of customers across all segments."
Aussie Broadband expects to deliver underlying EBITDA of between $205 million and $215 million in FY27, representing a growth of between 24% to 30% on prior year. This guidance includes a phased contribution from AGL Telco through migration.
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