The IPH Ltd (ASX: IPH) share price is in focus after the company reported a resilient FY26 result, with net profit after tax rising 16.9% to $80.4 million and total dividends up 5.5% to 38.5 cents per share.
Image source: Getty Images
What did IPH Limited report?
- Revenue rose 0.6% to $710.4 million
- Net profit after tax increased 16.9% to $80.4 million
- Underlying EBITDA of $205.9 million, down 0.6%
- Final dividend of 19.5 cents per share (30% franked), total FY26 dividend 38.5 cps
- Net tangible asset per share of $(0.94)
- Share buy-back: 5.4 million shares repurchased for $18.7 million
What else do investors need to know?
During the year, IPH continued to execute its strategy of organic growth, disciplined cost control, and investment in technology— including a stronger push into AI and digital platforms. The integration of Pizzeys and Applied Marks into Griffith Hack from 1 July 2026 is set to enhance service capability and scale for Australian clients.
IPH's international diversification helped balance market challenges, with Canada delivering strong growth despite some delays in the Canadian Intellectual Property Office system, and Asia returning to revenue growth on a constant currency basis. The Australia/New Zealand segment remained soft due to lower US-originated patent work.
What did IPH Ltd management say?
IPH's outgoing CEO and Managing Director, Dr Andrew Blattman, said:
As I reflect on my final year as Managing Director and CEO of IPH, I do so with a strong sense of pride in the business we have built together. It has been a remarkable journey from our origins as a single firm in Australia to the leading intellectual property services group we are today, operating across Australia, New Zealand, Asia and Canada and serving clients around the world.
What's next for IPH Ltd?
Looking to FY27, IPH plans to focus on operational improvement and technology investment, including greater adoption of AI tools to improve efficiency and enhance service delivery. The group is also updating its dividend payout policy to a 70–90% range of statutory EPSA, offering more flexibility for future dividends.
Future strategy continues to emphasise strengthening international client relationships, growing work referred from the US, Europe, China, Japan and Korea, and supporting staff development across its global network. Management is confident IPH's diversified revenue base and international reach position it well for long-term, sustainable growth.
IPH Ltd share price snapshot
Over the past 12 months, the IPH share price has underperformed the S&P/ASX 200 index (ASX: XJO) with a decline of 25%.
