Chorus FY26 slides: fibre uptake reaches 75.9%, profit jumps to $37m

Chorus, a telecommunications infrastructure provider based in New Zealand, reported strong financial results for FY26, with EBITDA reaching NZ$726 million and net profit increasing to NZ$37 million. The company's fibre uptake grew to 75.9%, while revenue rose from NZ$1,014 million to NZ$1,029 million, primarily driven by a 6% increase in fibre revenue.

Operating cash flow also improved to NZ$740 million, supporting a 4% dividend increase. The company's strategic focus on growth, simplicity, and efficiency as part of its Horizon Two period (FY26-FY29) was evident in the financial dashboard, with fibre connections growing by 32,000 to reach 1.147 million.

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