Fortescue FY26 underlying net profit rises to US$3.5 billion; revenue totals US$17 billion

Reuters2026/08/19 23:41

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Fortescue posted FY26 underlying net profit after tax of USD 3.5 billion on revenue of USD 17 billion.
Underlying EBITDA reached USD 8.6 billion, lifting the underlying EBITDA margin to 51%.
Iron ore shipments totaled 201 million tonnes, with hematite realized price at USD 91/dmt and C1 unit cost at USD 18.74/wmt.
Net debt stood at USD 900 million; free cash flow was USD 3.2 billion with net operating cash flow of USD 6.8 billion.
FY27 guidance targets 197-207 million tonnes of shipments, hematite C1 costs of USD 20.5-21.75/wmt, metals capex of USD 3.7-4.7 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortescue Ltd. published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fortescue FY26 underlying net profit rises to US$3.5 billion; revenue totals US$17 billion

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