The Catapult Sports Ltd (AS:X CAT) share price is in focus, following its FY26 results revealing record revenue of US$140.7 million, up 19% in constant currency, and management EBITDA of US$24.7 million, up 67% year-over-year.
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What did Catapult Sports report?
- Annualised Contract Value (ACV): US$133.8 million, up 28% (CC) year-on-year, or 18% (CC) excluding acquisitions
- Total revenue: US$140.7 million, up 19% (CC) year-on-year
- Management EBITDA: US$24.7 million, up 67%
- Contribution margin: 53% (up from 49% last year)
- Free cash flow (ex acquisitions/transaction costs): US$6.5 million
- No net debt; cash balance above US$53 million
What else do investors need to know?
Catapult added 576 new professional teams in FY26 and boosted its average ACV per pro team to over US$30,000 for the first time, up 10%. Customer retention remains strong, topping 96%, suggesting the company's land and expand approach is working.
The business also advanced its product suite with notable innovation, launching new offerings like Vector 8 for athlete monitoring, Perch's upgraded P2 Camera, and integrating IMPECT's video analysis within Catapult's platform. These developments come alongside successful acquisitions of Perch and IMPECT, which are now fully integrated ahead of the company's key Northern Hemisphere sales season.
What did Catapult Sports management say?
Commenting on the results, CEO & Managing Director Will Lopes said:
FY26 was a transformational year for Catapult. We set ourselves ambitious targets: maintain our organic growth rate, reinvest meaningfully in our platform, and stay focused through a period of significant M&A. We delivered on all of them… We are only just beginning to realize the potential of our expanded platform, and I have great confidence in our ability to continue driving this business forward as one of the world's best SaaS companies.
What's next for Catapult Sports?
Looking ahead to FY27, Catapult expects continued strong ACV growth, low customer churn, margin improvements, and higher free cash flow, all remaining consistent with its "Rule of 40" SaaS efficiency targets. The company's expanded platform, which now combines athlete performance data, video analysis, gym monitoring, and scouting intelligence, positions it to deliver new capabilities to professional teams worldwide.
Management says it remains focused on being an "invaluable partner" for customers and driving profitable expansion, with further product rollouts and deeper market penetration expected in the coming year.
Catapult Sports share price snapshot
Over the past 12 months, Catapult Sports shares have declined 33%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.
