WiseTech Global’s FY26 was a big growth year for the logistics software firm worldwide. Revenue came in at $1,395.9m. That was up 79% compared with FY25. The company tied the rise to the e2open deal and the continued push to expand CargoWise.
CargoWise revenue grew 11% to $756.9m over the year. Underlying EBITDA reached $644.5m. That was 56% higher than the prior year. The underlying EBITDA margin was 46%. Statutory NPAT declined 11% to $178.7m.
However, underlying NPAT increased 29% to $313.5m. Underlying EPS reached 94.0cps, representing 28% growth. The results show how acquisition, product investment and efficiency supported WiseTech Global’s business growth.
WiseTech Global FY26 results highlight record revenue growth and stronger underlying earnings. [Courtesy: WiseTech Global]
WiseTech Global Business Growth Gains From CargoWise
CargoWise remained central to WiseTech Global’s operating performance. Its revenue grew from $682.2m to $756.9m. Growth reflected LGFF rollouts, pricing and the new commercial model. CargoWise Value Packs had reached more than 95% of CargoWise customers.
New customer signings increased by approximately 30%. The company also reported less than 1% annual customer attrition. That rate has remained below 1% across the last 14 years.
Top 300 customers generated more than 70% of CargoWise revenue. These figures support a strong recurring revenue base. They also underline the platform’s role in WiseTech Global’s business growth.
The company identified several drivers behind its recurring revenue growth:
- Large Global Freight Forwarder rollouts remained a major contributor.
- New product enhancements supported pricing and customer value.
- New and existing customers continued adding recurring revenue.
- Major releases and market growth provided further expansion opportunities.
These drivers show how logistics innovation at WiseTech Global is linking directly with commercial growth.
E2open Expands WiseTech’s Global Logistics Reach
The e2open acquisition added $541.2m in revenue during FY26. This reflected 11 months of contribution after completion on 4 August 2025. WiseTech is now aligning e2open teams around product portfolios and a unified roadmap.
The company is also shifting e2open towards recurring revenue. Professional services revenue is expected to reduce during this transition. Meanwhile, e2open achieved $64m in annualised run-rate savings.
That result exceeded its FY27 $50m target. Its underlying EBITDA margin expanded by 8pp against FY25 pro forma. This integration creates another platform for WiseTech Global business growth.
Logistics Innovation: WiseTech Global Pushes Through AI
AI has become an important part of WiseTech’s growth strategy. The FY26 AI Transformation programme delivered $34m in annualised EBITDA run-rate savings. It reduced approximately 1,200 roles across Product & Development and Customer Service. A previous efficiency programme added another $17m in annualised savings.
Internal AI adoption also produced measurable productivity gains. More than 75% of the WiseTech team uses AI. More than 90% of code is written or assisted by AI. Engineering productivity increased 45%. Customer Service completed support tickets 22% faster. These results strengthen the company’s focus on technology-led productivity.
CargoWise AI capabilities could also deliver substantial customer benefits. WiseTech targets potential labour cost savings of up to ~50% for logistics service providers. For some larger LGFF customers, a 10% labour reduction could represent ~$180–$300m in annual savings.
The company has also developed specialised AI agents across logistics workflows. These agents can ingest information, process data and execute tasks. They can also manage exceptions and improve operational accuracy.
AI transformation driving value creation. [Courtesy: WiseTech Global]
Product Investment Supports Long-Term Business Growth
WiseTech continued investing heavily in product development during FY26. Product investment reached $340.7m for the year. More than $1.1b has been invested over the last five years. The company delivered 1,827 new CargoWise application suite enhancements in FY26. More than 6,500 enhancements were delivered from FY22 to FY26. R&D investment increased $76.9m, or 29%, against FY25. This investment supports the company’s broader logistics innovation strategy. It also helps expand CargoWise capabilities across global supply chains.
WiseTech is also expanding beyond traditional logistics software. Its strategy includes several growth areas:
- VerifyWise is targeting verified identity, trust and supply chain data.
- FRDM.ai was acquired to accelerate supply chain compliance capabilities.
- Container Transport Optimisation is moving towards wider adoption.
- Government technology initiatives are creating further opportunities.
The company sees long-term potential across logistics, trade, finance and customs.
WiseTech Global FY26 Cash Flow Strengthens Its Position
Cash generation remained another important part of WiseTech Global FY26. Operating cash flow increased 29% to $564.0m. Underlying operating cash flow rose 46% to $642.9m.
Free cash flow reached $410.7m, increasing 43%. Underlying free cash flow reached $489.6m, rising 67%. The company invested $153.3m into product development and data centre capacity.
Cash increased to $343.5m by year-end. However, borrowings stood at $2.2b. Net leverage was 2.7x at 30 June 2026. WiseTech expects leverage near 2.2x by FY27-end and below 2.0x in FY28.
FY27 Outlook And The Next Growth Phase
WiseTech expects FY27 revenue between $1.48b–$1.54b. This represents 6%–10% growth against FY26. Underlying EBITDA guidance stands at $725m–$780m. That represents 12%–21% growth.
The expected underlying EBITDA margin ranges between 49%–51%. CargoWise revenue growth is expected at approximately 12-20%. The outlook depends on customer adoption of the new commercial model.
It also depends on agentic AI adoption and new products. VerifyWise represents another potential growth contributor. Economic and geopolitical uncertainty remain key risks.
What Could Drive WiseTech Global Business Growth?
The FY27 growth strategy centres on several connected priorities:
- CargoWise customer growth and Value Pack conversions.
- Wider adoption of CargoWise AI capabilities.
- E2open product and revenue synergies.
- VerifyWise commercialisation and value-based pricing.
- Additional efficiency savings across the group.
WiseTech expects another ~$40m in annualised run-rate savings by FY27-end. The company also expects to return to 50%+ underlying EBITDA margin in the second half. However, this requires faster adoption of new initiatives. For such insights, visit Colitco.com
Also Read: Charter Hall FY26 results: growth without the fee windfall
FAQs
- What was WiseTech Global FY26 revenue?
Ans: Revenue reached $1,395.9m, representing 79% growth over FY25.
- How much did CargoWise revenue grow?
Ans: CargoWise revenue reached $756.9m, increasing 11% during FY26.
- What is WiseTech’s FY27 revenue guidance?
Ans: FY27 revenue guidance stands between $1.48b and $1.54b, representing 6%–10% growth.
- What is WiseTech targeting for FY27 leverage?
Ans: WiseTech expects net leverage near 2.2x by FY27-end. It targets below 2.0x during FY28.
Disclaimer
The figures come from WiseTech Global’s FY26 results investor slides. The deck is dated 26 August 2026. The write-up covers the reported results, the plan going forward, work tied to AI, and what it expects in FY27. The presentation also includes forward-looking statements. These are based on risks and uncertainty. Past results do not promise what will happen next. This piece is meant for information only. It is not financial advice, and it is not a buy or sell suggestion.
Source Links:
WiseTech Global FY26 Results Investor Presentation
Luke Carlino is a seasoned Copywriter, Content Strategist, and Social Media Manager specialising in Mining, Finance, and Business journalism. With more than a decade of industry experience, he brings rigorous editorial standards and commercial acuity to every project.
