SYDNEY, 25 February 2026 – WiseTech Global Ltd (ASX: WTC) is the primary focus of the Australian share market today following the release of its highly anticipated first-half financial results for the 2026 fiscal year. The logistics software giant reported a massive surge in revenue, though the share price continues to navigate significant volatility amidst broader tech sector jitters and recent tariff concerns.
FY26 Half-Year Results: Revenue Surges 76%
In a market update released this morning, WiseTech Global announced a robust 76% increase in total revenue for the first half of FY26. The company also reported a 31% lift in EBITDA, demonstrating continued scaling of its CargoWise platform. Despite the top-line growth, net income for the period was reported at A$68.1 million.
Management has maintained its full-year EBITDA guidance, currently projected between A$550 million and A$585 million. The results highlight the company’s aggressive AI strategy and its ability to maintain market dominance in the global trade and supply chain industry, even as it faces margin pressures and evolving pricing models.
Market Performance and Volatility
The WTC share price has experienced a turbulent week. On Monday, 23 February, the stock fell more than 5.24% to close at A$44.63, driven by “tariff jitters” that impacted the broader ASX tech sector. As of today’s reporting, the stock is trading around the A$42.99 to A$43.27 range, a significant correction from the highs seen in mid-2025 when the stock traded above A$115.00.
Analysts note that while the company remains a “founder-led global leader,” the current valuation—roughly 36 times estimated FY28 earnings—reflects a market that is reassessing growth premiums for SaaS (Software as a Service) providers in a higher interest rate environment.
Company Profile and Key Facts
Established in 1994, WiseTech Global has grown from a local software provider to a global powerhouse in logistics execution. Its flagship platform, CargoWise, is used by the world’s largest freight forwarders to manage international trade.
| Metric | Details |
|---|---|
| ASX Ticker | WTC |
| Founded | 1994 |
| ASX Listing Date | 11 April 2016 |
| Industry | Application Software / Logistics |
| Headquarters | Sydney, Australia |
| FY26 1H Net Income | A$68.1 Million |
| FY26 EBITDA Guidance | A$550M – A$585M |
Investor Outlook: AI and International Expansion
Public insights suggest that WiseTech remains one of the top ASX stocks positioned for international expansion. The company’s focus on integrating AI into its logistics suite is seen as a critical driver for future “brand uplift” and large customer wins. However, investors are closely watching governance and the impact of new pricing models introduced late last year, which contributed to some of the recent share price volatility.
Frequently Asked Questions
What caused the WiseTech share price to drop recently?
The share price has faced pressure from several factors, including a 29% drop earlier in the month due to broader tech sell-offs, concerns over global trade tariffs, and investor reassessment of software margins in light of AI development costs.
When did WiseTech Global list on the ASX?
WiseTech Global listed on the Australian Securities Exchange on 11 April 2016.
What is WiseTech’s primary product?
The company’s primary product is CargoWise, a cloud-based software solution that provides end-to-end logistics execution for the global supply chain industry.
What is the current dividend status?
WiseTech typically announces interim dividends alongside its half-year results. With the 1H26 results released today, investors are looking for confirmation of the interim dividend payout ratio in the formal investor presentation.