Catapult Sports reports record revenue in FY26

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The Catapult Sports Ltd (AS:X CAT) share price is in focus, following its FY26 results revealing record revenue of US$140.7 million, up 19% in constant currency, and management EBITDA of US$24.7 million, up 67% year-over-year.

What did Catapult Sports report?

  • Annualised Contract Value (ACV): US$133.8 million, up 28% (CC) year-on-year, or 18% (CC) excluding acquisitions
  • Total revenue: US$140.7 million, up 19% (CC) year-on-year
  • Management EBITDA: US$24.7 million, up 67%
  • Contribution margin: 53% (up from 49% last year)
  • Free cash flow (ex acquisitions/transaction costs): US$6.5 million
  • No net debt; cash balance above US$53 million

What else do investors need to know?

Catapult added 576 new professional teams in FY26 and boosted its average ACV per pro team to over US$30,000 for the first time, up 10%. Customer retention remains strong, topping 96%, suggesting the company’s land and expand approach is working.

The business also advanced its product suite with notable innovation, launching new offerings like Vector 8 for athlete monitoring, Perch’s upgraded P2 Camera, and integrating IMPECT’s video analysis within Catapult’s platform. These developments come alongside successful acquisitions of Perch and IMPECT, which are now fully integrated ahead of the company’s key Northern Hemisphere sales season.

What did Catapult Sports management say?

Commenting on the results, CEO & Managing Director Will Lopes said:

FY26 was a transformational year for Catapult. We set ourselves ambitious targets: maintain our organic growth rate, reinvest meaningfully in our platform, and stay focused through a period of significant M&A. We delivered on all of them… We are only just beginning to realize the potential of our expanded platform, and I have great confidence in our ability to continue driving this business forward as one of the world’s best SaaS companies.

What’s next for Catapult Sports?

Looking ahead to FY27, Catapult expects continued strong ACV growth, low customer churn, margin improvements, and higher free cash flow, all remaining consistent with its “Rule of 40” SaaS efficiency targets. The company’s expanded platform, which now combines athlete performance data, video analysis, gym monitoring, and scouting intelligence, positions it to deliver new capabilities to professional teams worldwide.

Management says it remains focused on being an “invaluable partner” for customers and driving profitable expansion, with further product rollouts and deeper market penetration expected in the coming year.

Catapult Sports share price snapshot

Over the past 12 months, Catapult Sports shares have declined 33%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

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The post Catapult Sports reports record revenue in FY26 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 Catapult Sports. The Motley Fool Australia has positions in and has recommended Catapult Sports. 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.