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Zip (ASX:ZIP) share price soars 12% on strong FY26 result, outlook
Rask Media· 2026-08-20 10:29
The Zip Co Ltd (ASX: ZIP) share price is up 12% after the buy now, pay later business announced its FY26 result and guidance for FY27.Zip is one of the larger buy now, pay later businesses in Australia and the US.FY26 resultHere are the highlights from the Zip report for the 12 months to 30 June 2026:Total transaction volume (TTV) grew 27.2% to $16.7 billionTotal income rose 24.6% to $1.35 billionCash gross profit increased 26.2% to $642.3 millionCash EBTDA (EBITDA explained, but interest is included) grew ...