Appen Ltd. (AU:APX)
ASX:APX
Earnings Data
Report Date
Aug 26, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.09Last Year’s EPS
-0.07Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed clear progress: solid group-level revenue growth (ex-Google), substantial improvement in underlying EBITDA, exceptional expansion and profitability in Appen China, growing exposure to higher-margin generative AI work, realized cost efficiencies, a stronger technical team, and a positive cash position. Offsetting these positives are a material YoY decline in Appen Global for the full year, seasonality and project-driven volatility, and earnings pressure from accelerated non-cash amortization. Management provided explicit FY '26 guidance, signaling confidence in continued momentum. On balance the positive operational and financial developments — particularly China’s outperformance, margin recovery, and cost savings — outweigh the near-term variability and accounting headwinds.Company Guidance
Group Revenue Growth (Ex-Google)
Group revenue of $230.8M, up 4.5% vs FY '24 when excluding the impact of Google, driven primarily by new project wins and expansions in generative AI.
Underlying EBITDA and Margin Improvement
Underlying EBITDA before FX grew 251% to $12.2M with full-year margin of 5.3% and a strong Q4 EBITDA margin of 18.2%, reflecting gross margin improvement and cost efficiencies.
Appen China Exceptional Performance
Appen China revenue of $102.9M, up 74.8% YoY, with EBITDA increasing 640% to $10.6M; exited the year with annualized China revenue > $135M and benefiting from higher-margin LLM/GenAI projects and scaling efficiencies.
Appen Global Q4 Momentum
Appen Global finished strongly with Q4 revenue $41.4M (up 56% QoQ) and Q4 EBITDA $10.2M at a 24.6% margin; momentum driven by new GenAI wins including a $10M+ opportunity that expanded faster than anticipated.
Generative AI Mix Increasing
Generative AI accounted for 44.1% of Q4 revenue, up from 34.8% a year earlier, improving gross margins (gross margin improved 100 bps to 40.3%) and driving higher-value work.
Operational Cost Efficiency and Talent Investment
Realized $10M in annualized cost efficiencies through technology and automation (net of talent upgrades), while adding >20 industry experts in the past 12 months to win more technical projects.
Strong Cash Position and Cash Conversion
Cash on hand of $59.8M (AUD 89.5M), up $5M vs Dec 2024; operating cash flow improved by $23.4M to $22.4M and management notes approximately 100% conversion of EBITDA to operating cash flow after timing adjustments.
FY '26 Guidance and Confidence in Market
Management provided FY '26 guidance of $270M–$300M revenue and 5%–10% underlying EBITDA margin, signaling increased confidence; also reiterated a FY '27 margin ambition (~10%).
AU:APX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:APX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2026 | AU$1.32 | AU$1.69 | +27.55% |
Aug 27, 2025 | AU$0.89 | AU$0.85 | -4.49% |
Feb 25, 2025 | AU$2.88 | AU$1.92 | -33.33% |
Aug 29, 2024 | AU$1.22 | AU$1.00 | -17.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Appen Ltd. (AU:APX) report earnings?
Appen Ltd. (AU:APX) is schdueled to report earning on Aug 26, 2026, TBA (Confirmed).
What is Appen Ltd. (AU:APX) earnings time?
Appen Ltd. (AU:APX) earnings time is at Aug 26, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Appen Ltd. stock?
The P/E ratio of Appen is N/A.
What is AU:APX EPS forecast?
AU:APX EPS forecast for the fiscal quarter 2026 (Q2) is -0.09.