Australian online retailer Kogan.com has reported a 16 per cent lift in its revenue for FY26, hitting $425.2 million, as the group holds momentum despite ongoing challenges with its New Zealand arm Mighty Ape.
Both Kogan.com and Mighty Ape sell a range of retail goods, including apparel, footwear and accessories.
Altogether, Kogan Group’s total revenue hit $510.7 million in FY26, up by 5 per cent on last year, but offset by a 30 per cent revenue fall at Mighty Ape.
As for gross sales, which include gross transaction values of the marketplaces and the company’s other verticals, including Kogan Mobile and Kogan Insurance, this metric nudged past $1 billion across the group.
At the bottom line, Kogan Group reported a net profit of $11.2 million, which is a swing back to green from a $39.4 million loss in FY25.
The group also reported a 6 per cent lift in revenue in July this year, the start of FY27. This was driven by a 17.9 per cent lift in Kogan.com revenue and a 39 per cent plunge in Mighty Ape.
Kogan founder and CEO Ruslan Kogan said the company made significant progress on its core goals through FY26.
“Everything we do starts with our customers. Our focus is simple: find ways to deliver them more value; through better prices, a broader range of products and services, and an increasingly compelling shopping experience,” Kogan said.