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Cochlear Limited (ASX:COH)

ALERT: Price-sensitive ASX Announcement for COH
Current share price for COH : $137.840 -107.8 (-43.89%)+
Announcement
Release
13 Feb 2026 7:32AM
Price at Release
$245.640
Full Release
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Summary
Cochlear Limited's interim financial report for the half year ended 31 December 2025 shows a slight increase in sales revenue to $1,176 million, with an underlying net profit of $194.8 million, down by 9% compared to the previous period. Statutory net profit dropped by 21% to $161.5 million. The report highlights a one-off cloud expense of $33.8 million and losses in investments, resulting in a reduced net profit. Despite these challenges, Cochlear invested significantly in research and development (R&D), with a 9% increase to $152.8 million. Operating cash flow improved by $26.9 million, reaching $136.8 million, while free cash flow increased to $82.7 million. The directors declared an interim dividend per share of $2.15, maintaining the same level as the previous period.
Key Points
  • Sales revenue increased by 1% to $1,176 million.
  • Underlying net profit decreased by 9% to $194.8 million.
  • Statutory net profit decreased by 21% to $161.5 million.
  • Significant one-off cloud expense of $33.8 million.
  • Investment in R&D increased by 9% to $152.8 million.
  • Operating cash flow increased to $136.8 million.
  • Free cash flow rose to $82.7 million.
  • Interim dividend per share remained at $2.15.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.