CAR Group delivers strong H1 FY26 earnings and reaffirms outlook

CAR Group grew revenue 8% and profit 16% in H1 FY26, lifted its dividend, and has reaffirmed its full-year growth outlook.

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The CAR Group Ltd (ASX: CAR) share price is in focus today after the company announced H1 FY26 results showing reported revenue up 8% to $626 million and net profit after tax rising 16% to $143 million.

A smiling man leans out his car window, car keys in hand and looking happy.

Image source: Getty Images

What did CAR Group report?

  • Reported revenue: $626m, up 8% on prior corresponding period (pcp)
  • Reported EBITDA: $324m, up 11%
  • Reported NPAT: $143m, up 16%
  • EBITDA to operating cash flow conversion: 95%
  • Interim dividend: 42.5 cents per share, up 10%, 30% franked
  • Proforma results: Revenue up 13% (constant currency), EBITDA up 12%

What else do investors need to know?

CAR Group's diversified business model helped drive growth across all key geographies, with double-digit increases in revenue and earnings. In Australia, carsales maintained strong market leadership, benefitting from high-quality user experiences, while newly launched payment products gained traction with over $268 million in vehicle transactions since launch.

Strong results in North America were fuelled by higher demand for premium dealer offerings, and Latin America delivered standout financial results led by webmotors' expanded leadership and new products. In Asia, Encar grew strongly, launching Guarantee 2.0 and expanding premium services for dealers.

What did CAR Group management say?

Managing Director and CEO William Elliott said:

CAR Group has delivered a strong first half, achieving excellent financial results with double-digit growth across our key financial metrics. This is a great outcome and reflects the strength of the business model and the continued execution of our strategy.

Customer experience is our core focus and I am proud of our teams across the globe who continue to make buying and selling vehicles easier for consumers. Supported by our leading brands and our continued investment in AI, we are well positioned to enhance the vehicle buying and selling journey.

What's next for CAR Group?

CAR Group reaffirmed its FY26 outlook, expecting proforma revenue growth of 12–14% and EBITDA growth of 10–13% in constant currency. The company anticipates continued strong performance across Australia, North America, Latin America and Asia, with each region poised for further yield and product penetration.

Strategic priorities include expanding AI-driven features, particularly via the new global CG/lab hub in Brazil, and growing consumer payments, premium dealer products, media, finance, and data offerings across all markets.

CAR Group share price snapshot

Over the past 12 months, CAR Group shares have declined 36%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended CAR Group Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

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