Tabcorp Holdings presented its FY26 results on August 26, 2026, showcasing a significant turnaround in profitability despite modest revenue growth in a subdued Australian wagering market.

The company’s strategic execution delivered substantial margin expansion and positioned the business for continued transformation through major initiatives including a National Tote launch and the strategic acquisition of BetMakers.

Group EBITDA increased 10.3% to $431.7 million, with the EBITDA margin expanding 140 basis points to 16.4%. Adjusted earnings per share climbed 33.3% to 5.2 cents, while the company increased its full-year dividend by 50% to 3.0 cents per share. Return on invested capital improved 240 basis points to 12.0%, and reported leverage declined to a comfortable 1.2 times.

Chief Executive Gillon McLachlan stated: “We continue to execute on the plan we presented two years ago, delivering significant strategic milestones. The numbers today reflect the progress we have made.”