Australian horseracing operator Tabcorp has reported its latest results for the first half of the 2026 financial year period – running from July to December 2025 – with revenue rising 1% to AU$1.34bn (US$950m).
Indeed, these latest H1 FY2026 financial results reflect a positive period for Tabcorp, highlighting rises across the board, with Group revenue rises being driven by positive increases across the operator’s two key departments.
Tabcorp H1 2026 at a glance
The operator’s group results have seen revenue rise 1% to AU$1.34bn, complemented by a more significant year-on-year rise in EBITDA of 14.8%, settling at AU$217.4m. Elsewhere, group EBIT – otherwise known as operating income or profit – experienced the most significant upswing of 18.9% in comparison to results from the year prior, hitting AU$110.2m during the six-month period.
Operator results by sector
Breaking down these latest results by company sector, Tabcorp’s key revenue driver during the H1 2026 period was Wagering and Media, which accounted for AU$1.25bn of the overall revenue figure, up by just 0.8% year-on-year. Trailing behind was revenue from the operator’s Integrity Services department, which reached AU$91.7m during the period, rising by 4.1% in comparison to results from the same period of the prior year.
With regard to sector EBITDA, Wagering and Media reported a figure of AU$181.4m, with Integrity Services reporting AU$36m – up 15.8% and 7.5%, respectively. Elsewhere, Wagering and Media EBIT also experienced a notable upswing of 20% year-on-year to AU$95.3m, with Integrity Services EBIT hitting AU$14.9m, up 12%.
2026 highlights
It has been a busy start to the calendar year for Tabcorp, who were fined AU$158,400 this month for accepting illegal in-play bets across 32 tennis matches as part of the operator’s third regulatory breach since 2021.
Elsewhere recently, the company also entered into preliminary takeover talks with BetMakers and launched its new Tap in-play betting service following regulatory approval from ACMA earlier this week.
As part of this latest release, Tabcorp has stated that its turnaround plan is currently ‘on track’ looking ahead