nib flags $21.5m in one-off 1H26 charges but says underlying profit on track

NIB Holdings Ltd ( (AU:NHF) ) has issued an update.

nib holdings limited has warned that its first half FY26 statutory operating profit will be impacted by approximately $21.5 million in non-recurring expenses, although underlying operating profit remains on track with expectations. The bulk of the one-off items comprises about $17 million in non-recurring cash costs, including roughly $8 million in 1H26 related to historical adjustments to the Australian Government Rebate on private health insurance and the NSW Hospital Insurance Levy, as well as restructuring expenses tied to a group-wide productivity program and a strategic review of its nib Travel business. In addition, nib will recognise a non-cash charge of around $4.5 million to write down redundant acquired software in its nib Thrive unit following consolidation of multiple NDIS-related acquisitions onto a single technology platform, a move intended to boost automation and efficiency even as it temporarily depresses reported statutory profit.

The most recent analyst rating on (AU:NHF) stock is a Hold with a A$8.60 price target. To see the full list of analyst forecasts on NIB Holdings Ltd stock, see the AU:NHF Stock Forecast page.

More about NIB Holdings Ltd

nib holdings limited is an Australian health insurer listed on the ASX that provides private health insurance products and related services, with an expanding presence in areas such as NDIS plan management, support coordination and digital health platforms. The group serves individuals, families and corporate customers, focusing on medical coverage, travel-related insurance and government-supported health schemes within the Australian healthcare financing landscape.

Average Trading Volume: 660,573

Technical Sentiment Signal: Buy

Current Market Cap: A$3.37B

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