Zip Co grows first-quarter income 17.00 percent: Zip Co stock falls 1.59 percent

Published on 10/24/2026 at 18:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zip guides to AUD 340.00 million in fiscal 2027. Zip Co stock costs EUR 0.93 on October 24, 2026, down 1.59 percent versus Tradegate close.

First-quarter growth and guidance

Zip Co reported first-quarter total income of AUD 376.10 million, up 17.00 percent, on October 23, 2026.
Fiscal 2027 guidance calls for AUD 340.00 million in cash EBTDA after US fraud-related costs.
Zip Co stock costs EUR 0.93 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, down 1.59 percent versus the Tradegate close of October 23, 2026.
The ASX quote showed a price-to-earnings ratio of 16.11 and a market capitalization of AUD 1.8 billion.

Zip Co, AU0000218307, Illustration mit AI erstellt.

Zip Co (AU0000218307) grew first-quarter total income 17.00 percent to AUD 376.10 million in the three months ended September 30, 2026. The update also reconfirmed fiscal 2027 cash EBTDA guidance of AUD 340.00 million on October 23, 2026, according to SureStone Capital. Zip Co stock was trading at EUR 0.93 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, down 1.59 percent versus the Tradegate close of October 23, 2026 at EUR 0.95.

Income growth meets a fraud charge

Total transaction volume rose 18.00 percent to AUD 4.60 billion in the first quarter of fiscal 2027, while transactions increased 21.80 percent to 31.60 million. Total income therefore grew slightly more slowly than transaction volume, while the revenue margin held at 8.20 percent, according to SureStone Capital.

Cash EBTDA reached AUD 65.00 million, up 3.40 percent, including AUD 10.10 million of operating expenses linked to a US fraud event. Excluding those costs, adjusted cash EBTDA rose 19.50 percent to AUD 75.10 million. Net bad debts increased to 1.97 percent of total transaction volume from 1.65 percent in the first quarter of fiscal 2026.

Zip Co stock stays near its yearly low

Zip Co's ASX quote last stood at AUD 1.46 on October 23, 2026 at 4:11 p.m. AEDT. The 52-week range was AUD 1.02 to AUD 4.21, placing the latest ASX quote 42.31 percent above its low and 65.32 percent below its high. Trading volume reached 108,935,415 shares.

Guidance and valuation set the next test

Zip Co's fiscal 2027 outlook includes US total transaction volume growth above 30.00 percent and a group operating margin of 20.00 percent to 22.00 percent. The first-quarter operating margin was 17.30 percent, leaving a minimum 2.70 percentage-point improvement embedded in the outlook. The ASX quote carried a price-to-earnings ratio of 16.11 and a market capitalization of AUD 1.8 billion.

Price and investor perspective

The update combines 17.00 percent income growth with a 3.40 percent increase in reported cash EBTDA. The fraud-related charge is the counterweight: removing AUD 10.10 million of costs lifts adjusted cash EBTDA growth to 19.50 percent, but the higher bad-debt ratio shows why the margin outlook matters.

Zip Co stock was trading at EUR 0.93 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, down 1.59 percent versus the Tradegate close of October 23, 2026 at EUR 0.95. The further course of trading is shown by the continuously updated real-time quote of Zip Co stock.