)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Zip
Zip (ZIP) investor relations material
Zip Q1 2027 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2027 TU earnings summary22 Oct, 2026
Executive summary
1Q27 TTV reached $4.6b, up 18.0% YoY; revenue was $373.4m, up 17.2% YoY.
Deeper engagement lifted transactions 21.8% YoY to 31.6m; active customers were 6.4m and merchants 96.6k.
FY27 guidance was reconfirmed, including Group cash EBTDA of $340m, up 26% YoY.
Financial highlights
Cash EBTDA was $65.0m, up 3.4% YoY; excluding $10.1m of US fraud-related operating costs, adjusted cash EBTDA was $75.1m, up 19.5% YoY or 28.7% on a constant-currency basis.
Revenue margin was 8.2%, unchanged YoY; cash NTM was 3.8%, down 22 bps YoY.
Net bad debts were 1.97% of TTV, versus 1.65% in 1Q26; operating margin was 17.3%, or 20.0% based on adjusted cash EBTDA.
Group TTV excluding New Zealand was $4,585.0m, up 19.0% YoY; revenue was $371.2m, up 17.4% YoY.
Outlook and guidance
FY27 Group cash EBTDA guidance remains $340m, representing 26% YoY growth.
Guidance targets US TTV growth above 30% in USD, Group revenue margin of ~8%, and cash NTM of 3.8%–4.0%.
FY27 targets include Group operating margin of 20%–22% and US net bad debts of 1.5%–2.0% of TTV.
US net bad debts as a share of TTV are forecast to be lower in 2Q27 than 1Q27, within the upper half of the 1.5%–2.0% target range.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Zip
- Record FY26 earnings and margin expansion set up strong FY27 growth targets and US momentum.ZIP
H2 2026 - Sustained growth, innovation, and profitability highlight a positive outlook for FY26.ZIPInvestor presentation
- Upgraded FY26 guidance follows record profitability and robust US and ANZ growth in 3Q26.ZIPQ3 2026 TU
- Record earnings, margin expansion, and US-led growth drive upgraded FY26 outlook.ZIPH1 2026
- Profitable growth in 4Q24, led by Americas, with FY24 Cash EBTDA turnaround to $77m–$80m.ZIPQ4 2024 TU
- Cash EBTDA up 233.7% year-over-year, driven by US growth and improved credit metrics.ZIPQ1 2025 TU
- Record FY25 growth and margin gains driven by US expansion; FY26 targets further TTV growth.ZIPH2 2025
- Record profit and revenue growth, debt-free, and strong FY25 outlook driven by US and ANZ.ZIPH2 2024
- Record H1 FY25 growth, 117% cash EBTDA rise, and strengthened balance sheet.ZIPH1 2025
Next Zip earnings date
AGM 202618 Nov, 2026
Zip
Next Zip earnings date
AGM 202618 Nov, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Explore our global coverage