EarningsQ4 2026 Earnings Report
MX:SEKN Q4 2026 EPS Results
Actual EPS$3.20
Consensus EPS$3.28
Beat/MissMissed by -$0.08
One Year Ago EPS$2.65
MX:SEKN Q4 2026 Revenue Results
Actual Revenue$7.69B
Expected Revenue$7.20B
Beat/MissBeat by +$496.36M
YoY Revenue Growth+13.69%
Earnings Announcement Details
QuarterQ4 2026
Date08/11/2026
TimeAfter Close
Conference CallTuesday, August 11, 2026
MX:SEKN Upcoming Earnings
Seek Limited's next earnings date is estimated for February 22, 2027, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:SEKN Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial performance in FY26: double-digit revenue/yield growth, 15% EBITDA growth, strong free cash flow and an upgraded set of medium-term targets supported by AI-driven product and productivity gains. Key challenges remain: weaker volumes (ANZ and Asia), a reported loss driven by non-core impairments and a 13% decline in the Growth Fund valuation, and some near-term uncertainty around realizing fund assets and the macro-driven demand environment. Overall, management positioned the business as resilient with upgraded ambitions underpinned by data, trust and AI, while acknowledging cyclicality and fund-related timing risks.Company Guidance
Revenue Growth
Net revenue grew 10% year-over-year in FY26, with ANZ and Asia contributing despite softer macro conditions.
Yield Expansion
Sixth consecutive year of double-digit yield growth; paid ad yields across APAC rose ~18% and ANZ yield growth was broken out at ~14% for the year, driven by depth adoption and value-based pricing.
EBITDA and Profitability
Adjusted EBITDA increased 15% year-over-year; adjusted profit and EPS rose ~28%, demonstrating operating results converting through to the bottom line.
Free Cash Flow and Balance Sheet
Free cash flow increased 21% to $246 million (highest since FY22); operating cash flow converted to 104% of EBITDA. Net debt ended the year just under $1.0 billion and net leverage improved to 1.8x.
Dividend
Record full-year dividend of $0.52 per share, up 13% YoY, representing a 100% payout of cash profit for FY26.
Asia Freemium Outcomes
Asia revenue grew 3% (stronger in constant currency) with paid ad volumes down 12% (impacted by freemium rollouts); ad corpus up 35% since program start, unique hirers +30%, unique visitors +30%, and H2 Asia revenue was up double-digit in constant currency.
Product & AI Momentum
Strong product adoption: career feed engagement +30% YoY and career agent early feedback with 85% favorable ratings; advanced/higher tier features (personalized targeting, Assist) delivering better matches and faster placements.
Operational Productivity from AI
Company reports >85% internal adoption of AI tools, a 40% increase in engineering product delivery throughput, and management expects internal AI-driven productivity gains to more than offset higher AI token/compute costs.
Upgraded Medium-Term Targets
Management raised medium-term goals: grow placement leadership in every market, minimum 10% paid-ad yield growth through the cycle (up from high single-digit), and limit cost growth to mid-single-digits while retaining operating leverage.
Fund ROI and Planned Realisations
SEEK Growth Fund has delivered a 12% ROI over its life; management and the fund have agreed on a bottom-up plan to pursue near-term sales of assets currently valued at over $1 billion to realize liquidity.
MX:SEKN 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