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Zip Co Limited (ASX:ZIP)

ALERT: Price-sensitive ASX Announcement for ZIP
Current share price for ZIP : $1.985 -0.595 (-23.06%)+
Announcement
Release
20 Aug 2026 8:49AM
Price at Release
$2.580
Full Release
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Summary
Zip Co Limited announced record FY26 results with substantial growth across its US and ANZ markets. Total transaction volume grew to $16.7 billion, with significant contributions from the US, which saw a 42.5% increase in TTV. The company's revenue rose by 24.6% to $1.347 billion, and cash earnings reached $268.9 million, up 57.9% from FY25. Zip's focus on customer engagement and product innovation, including expansions in its Pay-in-Z platform and AI capabilities, contributed to these results. The company plans to continue driving growth and innovation into FY27, targeting $340 million in cash earnings. Zip also announced a potential dual listing on a US stock exchange and ongoing capital management initiatives, including share buybacks.
Key Points
  • Record FY26 results with significant growth in US and ANZ markets.
  • Total transaction volume reached $16.7 billion, up 27.2%.
  • Revenue increased by 24.6% to $1.347 billion.
  • Cash earnings grew 57.9% to $268.9 million.
  • Strong customer engagement and product innovation, including Pay-in-Z expansions.
  • US market TTV increased by 42.5%.
  • Plans for continued growth and innovation targeting $340 million cash earnings in FY27.
  • Potential dual listing on US stock exchange considered.
  • Ongoing capital management initiatives, including share buybacks.
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.