Mainfreight stock reports 2.81 percent fiscal revenue growth

Published on 10/05/2026 at 17:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mainfreight stock was last at NZD 65.05 on October 5, 2026, while six analysts set a NZD 77.14 average target. Fiscal 2026 net income reached NZD 251 million.

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Mainfreight stock was last at NZD 65.05 on the NZX on October 5, 2026, while the logistics group enters its next reporting cycle with fiscal 2026 revenue of NZD 5,383.52 million. The annual figures show a split performance: revenue increased 2.81 percent, but net income declined 8.51 percent to NZD 251 million, according to Investing.com.

Revenue grows as profit falls

Mainfreight generated NZD 5,383.52 million in fiscal year 2026, up from NZD 5,236.44 million in fiscal year 2025. The same annual statement shows gross profit rising to NZD 1,181.68 million from NZD 1,127.79 million, while operating income reached NZD 831.16 million.

Profitability remains the key counterweight to the revenue increase. Net income fell from NZD 274.34 million in fiscal year 2025 to NZD 251 million in fiscal year 2026, and the net income margin declined from 5.24 percent to 4.66 percent, according to Investing.com.

Analysts see a higher value

The valuation picture is more constructive than the earnings trend. Six analysts give Mainfreight a Strong Buy consensus, with an average 12-month target of NZD 77.14, a high of NZD 86.00 and a low of NZD 66.40, according to Simply Wall St. The average target lies 18.58 percent above the NZD 65.05 share price.

That spread gives the stock a clear expectations test: analysts are positioning for earnings improvement after the fiscal 2026 profit decline. Simply Wall St also lists Mainfreight at 26.1 times earnings, compared with a 43.1 times forward price-to-earnings average for its listed peer group.

Second quarter date is set

Mainfreight's next scheduled checkpoint is November 11, 2026, when the company is listed for a second-quarter fiscal 2027 earnings release in MarketScreener. The report will show whether revenue growth is translating into renewed net income expansion.

Stock holds at NZD 65.05

Mainfreight stock was last at NZD 65.05 on the NZX at 5:00 p.m. NZDT on October 5, 2026, with a market capitalization of NZD 6.6 billion and a 52-week range of NZD 53.11 to NZD 70.46.