Xero (ASX:XRO) share price falls 5% after FY26 half-year result
The Xero Ltd (ASX: XRO) share price is down 5% after the accounting software business announced its FY26 half-year result.
FY26 half-year result
Here are some of the main highlights from the result for the six months to September 2025:
- Subscribers grew by 10% to 4.6 million
- Operating income grew by 20% to $1.2 billion
- Annualised monthly recurring revenue (AMRR) rose 26% to $2.7 billion
- Gross profit margin declined 0.4 percentage points to 88.5%
- EBITDA (EBITDA explained) increased by 21% to $378 million
- Net profit after tax (NPAT) jumped 42% to $135 million
- Free cashflow rocketed 54% higher to $321 million
A sizeable portion of the improvement in the financials was thanks to a 15% increase of the average revenue per user (ARPU)…
