Harvey Norman Holdings Ltd

HVN: XASX (AUS)

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Harvey Norman Earnings: Cautious Australians Spending Less on Electronics and Appliances

Johannes Faul

Aug 28, 2026

Harvey Norman's fiscal 2026 global sales revenue increased 3% to AUD 9.6 billion. Underlying net profit after tax rose 9% to AUD 438 million. But after a strong first half, sales momentum deteriorated in the second half, and expansion in the United Kingdom is taking a toll on group earnings.

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We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

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Harvey Norman Holdings Ltd

Harvey Norman Earnings: Cautious Australians Spending Less on Electronics and Appliances

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