Catapult Sports Ltd Record USD141M Revenue as Operating Profit Surges 67 Per Cent

Global sports technology leader Catapult Sports Ltd (ASX:CAT) has unveiled a record-breaking financial performance for the year ended 31 March 2026. 

The SaaS provider reported total statutory revenue of US$140.7 million (A$200 million), representing a 19 per cent increase in constant currency year-on-year, driven by rapid cross-selling and aggressive software adoption among elite athletic teams.

The strong top-line growth served as a mechanical necessity for the business, translating its high operating leverage into a substantial earnings bounce.

Management EBITDA, Catapult’s primary measure of operating profit, skyrocketed by 67 per cent to hit a new high of USD24.7 million (AUD34.5 million). This expansion lifted the group’s overall operating profit margin from 13 per cent to 18 per cent, surpassing institutional SaaS efficiency benchmarks.

Commenting on the financial record, CEO and managing director of Catapult, Will Lopes, said: “FY26 was a transformational year for Catapult, disciplined cost management, combined with strong top-line growth, drove our Rule of 40 to a record high, clear evidence that our operating model is scaling the way we designed it to.”

“We are only just beginning to realise the potential of our expanded platform.”

Adding his enthusiasm about the financial performance, chief financial officer, Bob Cruickshank, said: “We are now consistently delivering against a well-established strategy whereby we are disciplined on costs while reinvesting in our product suite.”

“This continues to result in reliable top-line growth and repeatable operating leverage.

“Catapult has never been in better financial health as we continue to become the global platform for pro sports teams,” Cruickshank said.

SaaS Metric Acceleration and Acquisition Fuel

The company’s core Annualised Contract Value (ACV) accelerated to USD133.8 million (AUD187.1 million), growing 28 per cent year-on-year. While recent strategic acquisitions of gym monitoring platform Perch and match data provider IMPECT bolstered the totals, organic ACV still expanded by 18 per cent.

A core driver of this financial compounding was a significant shift in corporate sales dynamics. Catapult added 576 new professional sports teams to its global roster in FY26, bringing its multi-solution team count to 1,328—a 62 per cent spike year-on-year.

Concurrently, average ACV per professional team lifted 10 per cent to exceed USD30,000 (AUD41,964) for the first time, while maintaining a strong customer retention rate of over 96 per cent.

Capital Position and Liquidity

The tech firm closed out the fiscal period with USD53.4 million (AUD74.6 million) in cash reserves and zero debt on its balance sheet. Free cash flow came in at USD6.5 million (AUUD9 million), safely ahead of previous management guidance despite temporary capital pressure from late-season accounts receivable collection, which has since been resolved.

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