The Temple & Webster Group Ltd (ASX: TPW) share price is in focus after the company reported record April EBITDA of approximately $2.5 million and projected FY26 revenue growth of up to 12%.
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What did Temple & Webster report?
- EBITDA for April 2026 was around $2.5 million, the most profitable April in company history
- FY26 revenue is forecast at $665–675 million (up 11–12% versus prior year)
- FY26 EBITDA guidance of $20–22 million (up 6–17%)
- FY27 EBITDA expected to double to roughly $40 million even in a flat growth environment
- Ongoing margin optimisation program successfully implemented
What else do investors need to know?
Temple & Webster has responded to record-low consumer confidence by rebalancing between profit and growth. The company introduced new promotional strategies, repriced its entire catalogue, and slowed the increase in fixed costs to improve profitability.
Management highlighted that these efficiency measures have delivered better monthly profits and established a clear path to increased earnings. The business also has a strong balance sheet and substantial headroom to continue its on-market share buy-back.
What did Temple & Webster management say?
Temple & Webster CEO Mark Coulter said:
We remain firmly focused on growing our market share and reaching $1 billion in revenue by FY28, and becoming a larger, more profitable business. However right now, given the uncertainty in the Australian economy, we have prudently chosen to rebalance between profit and growth in our core business.
What's next for Temple & Webster?
Looking ahead, Temple & Webster expects profitability to improve further in FY27, with EBITDA potentially doubling, supported by current margin run-rates. The company aims to invest in its platform and expand its private label and exclusive products, while also taking advantage of opportunities in home improvement, B2B, and international markets.
Temple & Webster's strong financial position should enable continued investment in organic growth, selective acquisitions, and capital management initiatives as the company pursues its $1 billion revenue target by FY28.
Temple & Webster share price snapshot
Over the past 12 months, Temple & Webster shares have declined 72%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.
