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Australia’s Catapult Sports Reports Record US$140.7M Revenue in FY26
Catapult Sports reported record FY26 revenue of US$140.7 million as strong customer growth and product expansion boosted financial performance across global sports markets. The Australian sports technology company also delivered a 67% rise in management EBITDA to US$24.7 million while maintaining customer retention above 96%. Catapult added 576 new professional sports teams during the year and expanded its technology platform through new athlete monitoring and video analysis products. Management expects further growth in FY27 through stronger margins, higher free cash flow, and deeper global market expansion despite the company’s shares remaining down 33% over the past year.
Australia’s Catapult Sports Ltd posted record FY26 revenue and solid profit growth through 11 processes. The sports technology company improved free cash flow and posted solid customer retention for the year.
Key Highlights
- Catapult sports revenue increased 19% to US$140.7m
- Management EBITDA was up 67% to US$24.7 million
- Customer retention stayed north of 96%
- 576 new pro sports teams added
- Shares remain 33% lower than a year ago.
Australia-based Catapult Sports Posts Robust Revenue, Profit Growth
Catapult Sports Ltd (ASX: CAT) posted a report on FY26 hitting US$140.7 million in revenue (+19% YoY CC) and management EBITDA growth of 67% to US$24.7 million. Annualised Contract Value totalled US$133.8 million, up 28% while contribution margin improved from 49% to 53%. It reported free cash flow of US$6.5 million before acquisitions and transaction costs, while keeping a strong balance sheet with over US$53 million on hand and no net debt.
Strong Customer Growth and Product Innovation Remain Key Thrusts
FY26 saw Catapult add 576 new professional sports teams, driving average Annualised Contract Value per professional team above US$30,000 for the first time, up 10% YoY. Customer retention at above 96% reiterated continued demand for the company’s athlete performance and analytics platform.
Throughout the year, Catapult has also released new products for its Vector 8 athlete monitoring technology and introduced video analysis capabilities through its Perch and IMPECT businesses, which have become fully integrated into the company’s broader platform ahead of key international sales periods.
Weak Share Catalyst But Management Sees More Growth Ahead
Will Lopes, CEO remarked it was a transformational year. Meanwhile, management expects continued growth in FY27 on the back of firmer margins, increased free cash flow, reduced customer churn and still more room in global markets. The platform currently combines athlete tracking, video analysis, gym monitoring and scouting data for professional sports teams around the world. The substantial earnings have kept Catapult Sports shares down 33% in the last year, trailing the S&P/ASX 200 Index which rose approximately 3% over this timeframe.
FAQs
- What does Catapult Sports do?
Provides athlete monitoring and sports performance technology solutions:
- How much did EBITDA grow?
Management EBITDA grew 67% to US$24.7 million.
- How many teams did Catapult add?
The organisation then onboarded 576 new pro teams.
- How has Catapult Sports’ share price performed recently?
The shares are still down 33% over the past year.
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