Airtasker (ART) H1 2026 earnings summary

Executive summary

• Group revenue reached a record AUD 29.1 million for HY26, up 13.5%–18.9% year-over-year, with strong growth in Australia, UK, and US markets.

• Achieved fifth consecutive half of positive operating cash flow, with net cash flow of AUD 8.3 million and cash reserves of AUD 27.1 million.

• International expansion accelerated, with UK revenue up 85.1% and US revenue up 380% year-over-year.

• AI-driven operational improvements and new product features, including AI-powered content moderation and digital business cards, supported growth and efficiency.

• Launched Airtasker Membership for recurring revenue and enhanced customer retention.

Financial highlights

• Group revenue up 13.5% to AUD 29.1 million; marketplaces revenue up 18.9% to AUD 25.8 million.

• Airtasker Australia revenue up 12.9%–13% to AUD 23.1 million; international marketplace revenue up 115% to AUD 2.7 million.

• UK revenue up 85.1% to AUD 2.1 million; US revenue up 380% to AUD 0.6 million.

• Group GMV reached a record AUD 116.4 million, up 11.3% year-over-year.

• Positive net cash flow of AUD 8.3 million, supported by a capital raise of AUD 9–10 million.

Outlook and guidance

• Reaffirmed double-digit revenue growth guidance for Airtasker Australia and international markets for FY26.

• UK and US markets expected to accelerate growth, supported by AUD 5 million in marketing investment.

• Anticipated underlying group cash outflow of AUD 5–6 million for the full year due to international investment.

• Focus on profitable growth in Australia, improving customer frequency and trust, and scaling in the UK and US through marketing and partnerships.

• Exploring strategic options for Oneflare to maximize cash contribution.