Mayfield FY2026 slides: 43% revenue growth, strong FY2027 guidance
Mayfield Group Holdings (ASX:MYG) released its FY2026 financial results on August 27, 2026, showcasing impressive growth and strong guidance for the next year. The company reported revenue of $169.0 million, a 43% increase from the previous year, while underlying EBITDA grew by 54% to $18.5 million. Mayfield's stock saw a 12.26% rise to $2.335 following the announcement, reflecting positive investor sentiment.
The company has grown from $78 million in revenue in FY2023 to $169 million in FY2026, thanks to a mix of organic expansion and strategic acquisitions. Now, Mayfield is Australia's leading provider of critical electrical infrastructure across manufacturing, critical control and communications, and product solutions divisions. The company maintained a debt-free balance sheet throughout FY2026.
Management declared a $0.024 dividend per share, resulting in a total of $0.044 in dividends, a 37.5% increase from $0.032 in the prior year. Mayfield's revenue compound annual growth rate of 29.5% from FY2023 to FY2026 highlights its consistent expansion.
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