Kogan.com Ltd (ASX: KGN) delivered a stronger FY26 performance, with Group Gross Sales exceeding AU$1 billion and reaching AU$1.04 billion, up 12% year on year. Revenue rose 5% to AU$510.7 million, while Gross Profit increased 11% to AU$210.9 million. Adjusted EBITDA climbed 14% to AU$41.8 million, reflecting improved earnings quality and margin expansion. Kogan.com remained the key growth driver, with revenue rising 16% and Adjusted EBITDA increasing 22%.

Mighty Ape continued its operational reset, reducing costs and returning to positive Adjusted EBITDA in the fourth quarter. The Group also generated AU$41.9 million in operating cash flow and AU$38.3 million in free cash flow. Kogan enters FY27 focused on growing higher-margin platform sales, expanding AI-led efficiencies and building sustainable profitability at Mighty Ape. 

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