Iress stock gained 2.24 percent while revenue fell 17 percent ??
Published on 10/04/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Iress stock (ISIN AU000000IRE2) gained 2.24 percent to AUD 5.48 on the ASX on October 2, 2026, with 491,484 shares traded. The move followed a first-half report showing lower revenue but sharply higher profit, keeping the company in a rebuilding phase.
Profit rose as revenue fell
Simply Wall St reported that Iress generated AUD 247.1 million in first-half 2026 revenue, down 17 percent from AUD 297.2 million in the first half of 2025. That decline contrasts with net income of AUD 32.0 million, up 85 percent from AUD 17.3 million.
First-half EPS was AUD 0.17, compared with AUD 0.093 in the prior-year period, while profit margin increased from 5.8 percent to 13 percent. The combination points to cost control and a sharper earnings mix, but revenue momentum remains the central operating question.
Guidance sets the next test
Iress expects fiscal 2026 revenue of AUD 520 million to AUD 528 million, representing 3 percent to 5 percent growth from fiscal 2025, according to Simply Wall St. The same guidance calls for underlying profit after tax of AUD 84 million to AUD 90 million, a 15 percent to 24 percent increase.
Iress provides trading, market data and wealth-management software to financial institutions across several regions, as the company states on its investor centre. The business therefore has to convert efficiency gains into recurring revenue growth while maintaining investment in its platforms.
Analysts see room above AUD 5.48
The analyst consensus is Buy among eight covering analysts, with an average 12-month target of AUD 8.81, according to Investing.com. Targets extend from AUD 7.00 to AUD 11.30, and the average target is 37.8 percent above the October 2 price.
That valuation gap gives the earnings outlook more weight than the single-session gain. The stock remains below its AUD 10.38 52-week high, while its AUD 5.04 low shows that the current price is only AUD 0.44 above the bottom of that range.
Stock value and upcoming results
Iress had a market capitalization of AUD 1.0 billion as of October 2, 2026. The next reporting date is November 5, 2026, according to Investing.com.
Iress stock key facts
- Company: Iress Limited
- ISIN: AU000000IRE2
- Ticker: IRE
- Trading venue: ASX
- Price (as of October 2, 2026, 4:10 p.m. AEDT): AUD 5.48
- Market capitalization: AUD 1.0 billion (as of October 2, 2026)
- 52-week range: AUD 5.04-10.38 (as of October 2, 2026)
- Sector / Industry: Technology / Software - Application
Upcoming dates for Iress stock
- November 5, 2026: Next earnings report
