EarningsQ4 2026 Earnings Report
DE:NEE Q4 2026 EPS Results
Actual EPS>-€0.01
Consensus EPS€0.01
Beat/MissMissed by -€0.02
One Year Ago EPS<€0.01
DE:NEE Q4 2026 Revenue Results
Actual Revenue€701.07M
Expected Revenue€714.05M
Beat/MissMissed by -€12.98M
YoY Revenue Growth-11.70%
Earnings Announcement Details
QuarterQ4 2026
Date08/25/2026
TimeAfter Close
Conference CallTuesday, August 25, 2026
DE:NEE Upcoming Earnings
Nine Entertainment Co. Holdings Limited's next earnings date is estimated for February 24, 2027, based on past reporting schedules.
Q4 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q4 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: clear operational progress and growth in strategic, higher-margin areas (Stan, QMS/outdoor, digital subscriptions, Drive, AI licensing pipeline and strong cost savings) alongside major one-off accounting charges and short-term headwinds in broadcast advertising. Management highlights portfolio reshaping, technology investment and expected FY'27 revenue and EBITDA growth, but the large Total TV impairment, elevated specific items and an ongoing soft TV ad market temper the near-term financial story.Company Guidance
Group revenue and EBITDA growth (continuing & pro forma)
Continuing business revenue of $2.2bn with EBITDA of $379m (EBITDA growth +17% on continuing basis). On a pro forma basis (including a full year of QMS) group revenue of ~$2.4bn and group EBITDA of $516m, up 6% on the prior comparable period.
Stan – record profitability and subscriber momentum
Stan delivered a record EBITDA of $81m, up 34% YoY, with revenue +16% YoY. Sport drove strong growth (Premier League contributed) and ARPU increased ~8%; average sports subscribers grew ~50%.
QMS / Outdoor outperformance
On a pro forma basis QMS net revenues grew 15% to $295m and pre-AASB16 EBITDA was $88m (+15% YoY). QMS reported above-market growth (industry: Australia +6%, NZ +11%) driven by large-format, street furniture and new site rollouts.
Digital subscription and mastheads resilience
Digital subscription revenue for mastheads grew ~15% (sixth year of double-digit subscription revenue growth in 8 years). Masthead EBITDA increased by $6m to $153m, with a 33% margin; print sales declined only ~3%.
Drive and Marketplace strong growth
Drive revenue rose 27% YoY, underpinned by Marketplace which grew 88% YoY, indicating strong momentum in classified/marketplace monetisation.
Cost-out program exceeding targets
Removed a further $70m of recurring costs in FY'26 (two-year total $130m). Company now expects to exceed the prior $160m three-year annualised savings target by end FY'27.
AI licensing and new monetisation avenues
Signed enterprise AI licensing deals including an Australian-first news media agreement with Microsoft Copilot; created a pipeline of AI licensing opportunities that establish a new high‑margin revenue stream (currently below materiality threshold).
Portfolio reshaping and strategic transactions
Completed key transactions: purchased QMS, sold Nine Radio, NBN and Darwin affiliates, sold Pedestrian and stake in Future Women, and locked in next-generation NRL rights—reshaping the portfolio towards growth assets.
Digital video advertising growth and product innovation
Digital video advertising sold by Nine grew ~20% in the latest half. Introduced advertising tiers on Stan Sport and launched Stan Entertainment ad tier; working on unifying Stan and 9Now tech stacks and Pathways to Stan initiative.
Balance sheet and shareholder returns
Net debt of $658m (leverage 1.7x) was slightly better than prior guidance. Company declared an unfranked final dividend of $0.03 (full-year $0.075) and previously paid a fully franked special dividend of $0.49 following Domain stake sale.
DE:NEE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed