Objective Corporation posts double-digit profit and ARR growth in first half FY2026

Objective Corporation Limited ( (AU:OCL) ) has provided an announcement.

Objective Corporation reported a solid first half for FY2026, with group revenue up 9% to $66.7 million, adjusted EBITDA rising 11% to $25.9 million, and net profit after tax increasing 10% to $18.7 million. Annualised recurring revenue climbed 12% to $120 million, driven by double-digit growth across information intelligence, planning and building, and regulatory solutions, while the company maintained a debt-free balance sheet with cash of $95.1 million and continued to return capital via dividends.

The group lifted R&D investment by 10% to $16.6 million, equal to 28% of software revenue, underscoring its strategy of reinvesting in product innovation to support long-term growth. Management signalled confidence for the remainder of FY2026 and into FY2027, guiding to ARR growth of 10–14% this year and reiterating a 15% internal ARR growth target, suggesting continued momentum in its core markets despite only modest near-term contribution from Objective Build in Australia.

The most recent analyst rating on (AU:OCL) stock is a Hold with a A$15.00 price target. To see the full list of analyst forecasts on Objective Corporation Limited stock, see the AU:OCL Stock Forecast page.

More about Objective Corporation Limited

Objective Corporation Limited is an Australian enterprise software company listed on the ASX that provides information management, planning and building, and regulatory solutions. Its products focus on information intelligence and compliance-driven workflows, with a strong emphasis on recurring software revenue from government and regulated industry customers.

Average Trading Volume: 45,553

Technical Sentiment Signal: Hold

Current Market Cap: A$1.24B

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