Zip Co expands US reach: what it means for Zip Co stock
Published on 10/07/2026 at 06:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSZip Co (ISIN AU0000218307) had a Lang & Schwarz prior close of EUR 1.29 on October 5, 2026. The company expanded its US brand presence when it became an official Philadelphia 76ers partner, an announcement listed by Moomoo on October 6, 2026.
US reach means customer scale
The partnership connects Zip's flexible payment services with Philadelphia 76ers ticket and merchandise offers. It also gives Zip brand visibility around a major US sports franchise, extending a strategy that places the United States at the center of its growth story.
Zip's fiscal 2026 results show why the US is strategically important. According to Zip Co, total transaction volume reached AUD 16.7 billion in fiscal 2026, up 27.2 percent, while cash EBTDA increased 57.9 percent to AUD 268.9 million.
Margins add operating evidence
Zip reported total income of AUD 1.3 billion for fiscal 2026, up 24.6 percent, and an operating margin of 20.0 percent, an improvement of 420 basis points. The scorecard also showed 6.5 million active customers, up 3.7 percent, and 97,400 merchants, up 13.8 percent.
The combination matters for the new US partnership. A larger merchant and customer base gives Zip more transaction opportunities, while the margin expansion indicates that growth reached the bottom line more efficiently during fiscal 2026.
Market value and prior close
Zip Co had an ASX market capitalization of AUD 2.6 billion on October 7, 2026, with a 52-week range of AUD 1.38 to AUD 4.93. The Lang & Schwarz prior close was EUR 1.29 on October 5, 2026, giving German investors a dated euro reference alongside the Australian listing.
The further course of trading is shown by the continuously updated real-time quote of Zip Co stock.
Zip Co key facts
- Company: Zip Co Limited
- ISIN: AU0000218307
- Ticker: ZIP
- Primary exchange: ASX
- Prior close Lang & Schwarz: EUR 1.29 on October 5, 2026
- Market capitalization: AUD 2.6 billion as of October 7, 2026
- 52-week range: AUD 1.38-4.93
- Sector / Industry: Financial Services / Financial - Credit Services
