REA Analysis: Q1 FY26 Trading Update

Published 7 Nov 2025 • 3 min • rea

Event: Q1 FY26 Trading Update | Date: 2025-11-07 | Source: ASX Announcement

REA Posts Q1 Revenue Growth on Yield Strength Despite Volume Declines

REA Group released its Q1 FY26 trading update on 7 November 2025, reporting revenue growth despite softer listing volumes. Total revenue increased 6% year-on-year, driven by 13% yield growth in the core Australian Property & Online Advertising segment, which offset an 8% decline in national listings. The company highlighted record audience engagement with 151 million visits to realestate.com.au in August, up from prior periods, while India operations showed 25% revenue growth. Management reaffirmed FY26 guidance for national listings volumes broadly in line with FY25, noting October volumes improved to down 3% year-on-year. Operating expenses rose 10%, attributed to investments in technology and employee capabilities, resulting in negative operating jaws for the quarter. Source: ASX Announcement.