SHAPE FY26 slides: revenue tops $1.2B on diversification push

SHAPE Corporation reported its FY26 results on August 19, 2026, marking a significant milestone as the company surpassed $1 billion in annual revenue for the first time in its 36-year history. Revenue grew by 30% to $1.24 billion, while profitability increased by 50% to $31.7 million. Earnings per share rose by 49% to 38.1 cents, with total dividends declared at 32.0 cents per share, a 42% increase year-over-year.

The company's diversification strategy, which shifted away from its traditional office fitout business, played a key role in its success. Non-office sectors generated 57% of revenue, up from 40% in the previous year, with data centers emerging as a standout growth area. Project wins in data centers totaled $119.7 million, and the company's pipeline in this sector stood at $907 million.

SHAPE's geographic footprint expanded, with regional offices in Tasmania, Townsville, and Geelong contributing significantly to revenue growth. The company's strong performance was underpinned by an 85% repeat client rate, a Net Promoter Score of +86, and a 90% completion time for projects under a year. This strategic pivot and expansion into higher-growth sectors have positioned SHAPE as a diversified construction partner with national reach and multiple service capabilities.