WiseTech lifts revenue 76% and doubles down on AI-driven overhaul

The latest announcement is out from Wisetech Global ( (AU:WTC) ).

WiseTech Global reported a 76% jump in first-half FY26 revenue to $672 million, boosted by the consolidation of U.S. supply-chain software group e2open and continued double-digit growth in its core CargoWise platform. EBITDA rose 31% to $252.1 million, though margins were diluted by integration, restructuring and M&A costs, while underlying profit inched up 2% and the company maintained strong cash generation and a modestly rising dividend.

Management reaffirmed full-year guidance and unveiled an aggressive AI-led efficiency drive that will cut up to 50% of roles in product development and customer service, or about 2,000 jobs across WiseTech and e2open through FY26–27. The group has shifted about 95% of CargoWise clients to a new transaction-focused commercial model, hit e2open cost synergies of $50 million far ahead of schedule, and is targeting gradual deleveraging from a 3.2x net leverage ratio as it embeds AI deeper into products and operations to sharpen its competitive moat.

The most recent analyst rating on (AU:WTC) stock is a Hold with a A$51.00 price target. To see the full list of analyst forecasts on Wisetech Global stock, see the AU:WTC Stock Forecast page.

More about Wisetech Global

WiseTech Global is an Australian logistics software provider focused on cloud-based platforms for global freight forwarding, customs and supply chain execution. Its flagship product CargoWise serves large global freight forwarders and logistics operators, with a growing emphasis on recurring, transaction-based revenue and AI-driven automation across complex, regulated workflows.

Average Trading Volume: 1,240,463

Technical Sentiment Signal: Sell

Current Market Cap: A$16.05B

Learn more about WTC stock on TipRanks’ Stock Analysis page.