Temple & Webster posts record April profit and FY26 upgrade

The Temple & Webster Group Ltd (ASX: TPW) share price is in focus after the company reported record April EBITDA of approximately $2.5 million and projected FY26 revenue growth of up to 12%.

What did Temple & Webster report?

• EBITDA for April 2026 was around $2.5 million, the most profitable April in company history
• FY26 revenue is forecast at $665–675 million (up 11–12% versus prior year)
• FY26 EBITDA guidance of $20–22 million (up 6–17%)
• FY27 EBITDA expected to double to roughly $40 million even in a flat growth environment
• Ongoing margin optimisation program successfully implemented

What else do investors need to know?

Temple & Webster has responded to record-low consumer confidence by rebalancing between profit and growth. The company introduced new promotional strategies, repriced its entire catalogue, and slowed the increase in fixed costs to improve profitability.

Management highlighted that these efficiency measures have delivered better monthly profits and established a clear path to increased earnings. The business also has a strong balance sheet and substantial headroom to continue its on-market share buy-back.

What did Temple & Webster management say?

Temple & Webster CEO Mark Coulter said:

We remain firmly focused on growing our market share and reaching $1 billion in revenue by FY28, and becoming a larger, more profitable business. However right now, given the uncertainty in the Australian economy, we have prudently chosen to rebalance between profit and growth in our core business.

What’s next for Temple & Webster?

Looking ahead, Temple & Webster expects profitability to improve further in FY27, with EBITDA potentially doubling, supported by current margin run-rates. The company aims to invest in its platform and expand its private label and exclusive products, while also taking advantage of opportunities in home improvement, B2B, and international markets.

Temple & Webster’s strong financial position should enable continued investment in organic growth, selective acquisitions, and capital management initiatives as the company pursues its $1 billion revenue target by FY28.

Temple & Webster share price snapshot

Over the past 12 months, Temple & Webster shares have declined 72%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

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The post Temple & Webster posts record April profit and FY26 upgrade appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Temple & Webster Group. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.