PEXA Group posts 6% transaction growth and reaffirms FY26 outlook

PEXA Group shares are in focus after the company posted 6% growth in Q1 property transaction volumes and reaffirmed its annual outlook.

Laura Stewart

Author bio Laura Stewart is a Finance Editor at The Motley Fool, where she covers Australian and international equity markets. She joined the company in 2022, following a career transition from legal advisory work in Southeast Asia into the investment industry. Prior to her current editorial role, Laura spent three years as an Equity Analyst and Writer, producing investment research across the ASX, NYSE, and NASDAQ. Her coverage included small-cap growth companies, thematic investment ideas, and high-quality U.S.-listed businesses. Laura holds a Master of Applied Finance and brings additional expertise in accounting, taxation, and estate and wealth planning from her postgraduate studies. She also has a background in law and communications, which supports her analytical and reporting work in financial markets. Outside of work, she enjoys spending time in the Adelaide Hills with her flock of sheep. Education Laura holds a Bachelor of Laws, a Bachelor of Communication (Journalism), and a Bachelor of Commerce with majors in Accounting and Corporate Finance. In 2025, she completed a Master of Applied Finance at the University of Adelaide, receiving postgraduate awards in Accounting Concepts & Methods, Ethical Principles in Accounting & Finance, Real Estate Valuation & Investment, and Tax, Estate & Wealth Planning. Social media LinkedIn FYI – I am taking a break from social media at the moment, so this account isn’t active at the moment, but I will let you know when I rejoin. Favorite investment quote "Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't... pays it." — Albert Einstein

Published November 5, 2025 9:32 am AEDT

The PEXA Group Ltd (ASX: PXA) share price is in focus today after the company delivered a solid 1Q26 update, highlighting 6% growth in Australian property transaction volumes and reaffirming its FY26 guidance.

Big red real estate for sale sign in front of property — Image source: Getty Images

What did PEXA Group report?

Total transaction volumes processed through PEXA Exchange rose 6% year-on-year to 1,055,000 in 1Q26.
Australian property transfer volumes increased 3% to 667,000 transactions; refinances jumped 16% to 249,000.
National market penetration held steady at 90%.
UK remortgage completion volumes grew 32% at Optima Legal and 22% at Smoove compared to 1Q25.
Digital Solutions subscriptions revenue grew by 15%, accounting for 87% of the segment's revenue.
FY26 guidance reaffirmed: revenue between $405m–$430m, EBITDA margin 32%–35%, NPAT $5m–$15m.

What else do investors need to know?

PEXA maintained its dominant position in Australia, launching its refinance product in the Northern Territory and preparing to deliver an Anti-Money Laundering solution in response to new sector requirements coming into force in July 2026. The company's customer satisfaction score climbed to 88.3% in 1Q26, up from 87.5% in the previous quarter.

In the UK, PEXA's growth momentum continued, with a significant increase in platform transaction and remortgage completion volumes. The company is gearing up to launch a PEXA-enabled remortgage service with NatWest in the first half of the 2026 calendar year, having also reached the milestone of £200 million in property transfers since entering the UK market.

What did PEXA Group management say?

Russell Cohen, Chief Executive Officer and Group Managing Director said:

We delivered a solid trading performance in the first quarter of FY26 across both Australia and the UK. In Australia, property transaction volumes grew 6%, driven by strong refinancing activity. The UK market is gaining momentum, showing clear signs of growth after a period of subdued activity.

PEXA is executing well against our FY26 strategy, and I am pleased to reaffirm our guidance for FY26. We are investing in the resilience and modernisation of the Australian Exchange platform to deliver improved service and outcomes for Australian customers. In the UK, we remain on track to launch a PEXA-enabled remortgage service with NatWest in the first half of calendar year 2026. We continue to focus on lender and conveyancer adoption and we are well positioned to capture significant growth opportunities in this market.

What's next for PEXA Group?

PEXA reaffirmed its guidance for FY26 despite softer property market volumes early in the second quarter, signalling confidence in its business trajectory. Management is focused on strengthening the Australian Exchange platform, rolling out new anti-money laundering solutions, and driving further adoption in the UK.

Investors can expect the company's expansion in both markets to continue, with the planned NatWest remortgage service launch and further customer engagement initiatives. The ongoing strategic review of Digital Solutions also aims to optimise growth and maximise shareholder value.

PEXA Group share price snapshot

PEXA Group shares have risen 12% over the past year, running ahead of the S&P/ASX 200 Index (ASX: XJO) which has increased 8% over the same period.

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