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Siteminder
Siteminder (SDR) investor relations material
Siteminder H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary24 Feb, 2026
Executive summary
Achieved 27.4% year-over-year ARR growth (constant currency, organic) to $280.3m for H1FY26, with total revenue up 25.5% to $131.1m and adjusted EBITDA more than doubling to $12.3m compared to H1FY25.
Statutory loss after tax improved to ($4.8m) in H1FY26 from ($13.9m) in H1FY25, driven by strong revenue growth, cost discipline, and operating leverage.
Smart Platform initiatives, including Dynamic Revenue Plus and Smart Distribution Program, drove transaction revenue growth and margin expansion, with transaction revenue up over 38% year-over-year.
Hotel property subscribers grew 12.3% year-over-year to 53,000, with net property additions of 2.9k and transaction product uptake reaching 40k in H1FY26.
AI-driven enhancements improved operational efficiency, product innovation, and customer engagement, supporting scalable growth.
Financial highlights
ARR reached $280.3m (+27.4% y/y cc, org); total revenue $131.1m (+25.5% y/y); adjusted EBITDA $12.3m (up from $5.3m in H1FY25).
Adjusted free cash flow improved to $2.7m (2.1% of revenue) from $(0.6)m in H1FY25.
Adjusted gross margin increased to 67.8% (from 66.9% in H1FY25); transaction gross margin rose 558bps to 40.1%.
Subscription revenue grew 17.7% y/y to $78.1m; transaction revenue surged 39.1% to $53.0m.
Adjusted loss after income tax narrowed to $(3.9)m from $(9.0)m in H1FY25.
Outlook and guidance
Expects continued strong ARR and revenue growth in H2FY26, with further improvement in adjusted EBITDA, free cash flow, and Rule of 40 performance.
Medium-term goal to accelerate toward 30% revenue growth while maintaining profitability discipline.
Sees a 5x ARPU monetisation opportunity at full Smart Platform attach across the existing customer base.
Smart Platform: How to achieve 5x ARPU uplift?
Quantify cost savings from workforce globalization
AI's contribution to internal operational outcomes
Smart Platform ARPU expansion progress
AI's impact on execution moat and efficiency
Sustaining Rule of 40 with 30% revenue growth
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Next Siteminder earnings date
H2 202625 Aug, 2026
Siteminder
Next Siteminder earnings date
H2 202625 Aug, 2026
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Frequently asked questions
SiteMinder Limited is an Australia-based company that specializes in providing online guest acquisition and commerce solutions for accommodation providers globally. Its comprehensive platform includes tools for channel management, enabling customers to simultaneously sell their rooms across various booking sites, an online booking engine for direct reservations, a website builder tailored for hotels, and business intelligence software for data analytics and decision-making. Additionally, SiteMinder offers Little Hotelier, a property management system for smaller accommodations, SiteMinder Exchange for app integration, and SiteMinder Multi-Property for managing multiple properties. The company is headquartered in Sydney, Australia, and its shares are listed on the Australian Securities Exchange.
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