The Lynas Rare Earths Ltd (ASX: LYC) share price is falling on Wednesday despite the company reporting record revenue of $977.9 million and net profit after tax (NPAT) of $222.4 million for FY26.

What did Lynas Rare Earths report?

• Revenue: $977.9 million, up 76% from FY25
• Net Profit After Tax (NPAT): $222.4 million, a huge jump from $8.0 million last year
• EBITDA: $386.0 million, up 282% on FY25
• No dividend declared or paid for the period
• Net tangible assets per share: 350.91 cents, up from 250.62 cents
• Cash and short-term deposits: $1,209.1 million at 30 June 2026

What else do investors need to know?

Lynas delivered record rare earth production volumes, with ready-for-sale rare earth oxide (REO) output up 25% to 13,089 tonnes and neodymium-praseodymium (NdPr) production up 11% to 7,260 tonnes. This helped drive a record average selling price of $80.7/kg across all rare earth products.

The company strengthened its balance sheet following the successful completion of a $750 million institutional placement and a $182 million share purchase plan. These funds will support Lynas’ Towards 2030 growth strategy, which focuses on ramping up production and expanding into the downstream magnet and metal supply chain outside China.

In addition, Lynas renewed its Malaysia operating licence for 10 years, providing greater certainty for long-term investment. Major projects such as the Mt Weld expansion and a new hybrid renewable power station were completed during the year, improving operational efficiency and sustainability.

What’s next for Lynas Rare Earths?

Lynas continues to progress its Towards 2030 growth strategy by expanding production capacity, resource development at Mt Weld, and increasing heavy rare earth product output at its Malaysian facility. The company has signed significant supply agreements with Japanese and US customers, providing price floors and reducing volatility.

A key focus for the year ahead is ramping up new assets, further improving sustainability (with 93% renewable energy for Mt Weld operations in 2H FY26), and growing its presence in the global magnet and metal supply chain. The board is also conducting a global search for a new CEO following Amanda Lacaze’s retirement.

Lynas Rare Earths share price snapshot

Over the past year, the Lynas Rare Earths share price has beaten the S&P/ASX 200 index (ASX: XJO) with a gain of 12%.

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The post Lynas Rare Earths posts record FY26 profit and revenue as growth ramps up appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. 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.

The Nickel Industries Ltd (ASX: NIC) share price is pushing higher today after the company delivered a sharp improvement in profit and significant growth in revenue for the half-year ended 30 June 2026.

What did Nickel Industries report?

• Sales revenue increased 13% to US$938.4 million from US$829.7 million a year ago
• Adjusted EBITDA rose 46% to US$247.6 million
• Net profit after tax surged 191% to US$74.3 million
• Profit attributable to shareholders soared 366% to US$52.5 million
• No interim dividend declared
• Net tangible assets per share steady at US$0.565

What else do investors need to know?

The company produced a total of 62,019 tonnes of finished nickel metal across its rotary-kiln electric furnace (RKEF) and high-pressure acid leach (HPAL) operations. It mined over 8.1 million tonnes of nickel ore at the Hengjaya Mine, including both saprolite and limonite.

During the half, Nickel Industries secured important project milestones, including completion of the final equity acquisition in the Excelsior Nickel Cobalt (ENC) project, increasing its stake to 46%. The business also announced investments in new Indonesian HPAL projects, including Teluk Metal Industry (TMI) and Chengsheng New Energy (CNE), aimed at supporting future growth in the electric vehicle battery market.

Safety also remained a highlight, with no lost time injuries recorded during the period, and the Hengjaya Mine achieving a fourth consecutive Green PROPER award for environmental compliance.

What’s next for Nickel Industries?

Nickel Industries plans to capitalise on growing demand for nickel in the global battery sector by ramping up production from both RKEF and new HPAL projects. Commissioning at the ENC HPAL plant has commenced, with maiden mixed hydroxide precipitate (MHP) production delivered in July and first nickel cathode produced in August.

Further investments in TMI and CNE HPAL projects are expected to underpin long-term growth, with supply agreements in place to support downstream processing and product diversification. The company is also advancing its Indonesian mine resource base, while keeping a focus on operating safety and sustainability.

Nickel Industries share price snapshot

The Nickel Industries share price is outperforming the S&P/ASX 200 index (ASX: XJO) on a 12-month basis with a gain of over 20%.

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The post Strong profit growth shines in Nickel Industries half-year 2026 earnings appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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.

The Resimac Group Ltd (ASX: RMC) share price is in focus after the lender reported an 18% rise in normalised operating profit and a 26% lift in normalised NPAT for FY26.

What did Resimac Group report?

• Normalised operating profit before impairment expense and tax grew 18% to $92.9 million.
• Normalised NPAT rose 26% to $49.9 million; statutory NPAT climbed 42% to $49.2 million.
• Assets under management (AUM) increased 4% to $16.5 billion, with home loans up 10% to $14.7 billion and asset finance up 7% to $1.5 billion.
• Origination volumes rose 16% to $6.7 billion, while application volumes jumped 17% to $10.5 billion.
• Cost to income ratio improved by 60 basis points to 53.0%.
• Fully franked final dividend of 6.0 cents per share, bringing total FY26 dividends (including a special) to 19.0 cents.

What else do investors need to know?

Resimac’s group net interest margin increased 5 basis points to 1.59%, helped by improved funding economics and stronger asset finance margins. The home loan margin remained steady despite a competitive lending environment.

The company’s disciplined management reduced impairment expenses by 5% to $21.4 million, reflecting stable credit quality and improved recoveries. Strategic investments in people and technology supported higher operating income as the Group focused on scalable foundations for long-term growth.

The board declared a fully franked final dividend of 6.0 cents per share, up 2.5 cents on the prior year. Together with the interim and special dividends, the total payout rose 43% year-on-year, reflecting Resimac’s commitment to balanced capital returns and growth.

What did Resimac Group management say?

Pete Lirantzis, Chief Executive Officer, said:

FY26 was a year of stronger earnings, disciplined growth and improved returns. We grew operating profit, expanded margins, maintained strong credit quality and increased shareholder returns while continuing to invest in the foundations of future growth.

What’s next for Resimac Group?

Looking ahead to FY27, Resimac is aiming to cement its position as the ‘Home of Intelligent Lending’ by deepening customer engagement, leveraging technology, and supporting brokers to deliver better outcomes for borrowers.

The company is focused on sustainable home loan growth and higher risk-adjusted returns in asset finance. Management believes recent operational and technology investments will drive resilience, scalability, and long-term value for shareholders.

Resimac Group share price snapshot

Over the past 12 months, Resmiac Group shares have declined 13%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post Resimac Group FY26 earnings: Profit grows and dividends increase 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 no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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.