FLIGHT Centre Travel Group (FLT) has delivered an AUD$124.6m underlying profit before tax (UPBT) for the half year ended December 31, 2025. The full market release is here.

This result represents four per cent growth on the prior corresponding period’s (PCP) AUD$119.7m adjusted UPBT, with the company comfortably surpassing expectations of a broadly flat first-half (1H). Statutory* 1H PBT was AUD$87m.

FLT’s corporate division delivered another record 1H, with TTV reaching new highs and reinforcing the Corporate Traveller and FCM brands’ scale and strength. 

Comments by Melissa Elf, Global COO, FCM Travel and Corporate Traveller:

“Our profit growth has comfortably exceeded our transaction value growth in Australia, which is clear evidence we're achieving genuine scale efficiencies across our corporate brands, FCM Travel and Corporate Traveller.

“This result isn’t about working people harder; it's about working smarter. Productivity is the standout story. Our strategic initiatives and investments in AI-enabled tools are streamlining processes, which frees our expert consultants to focus on complex, high-value client work.

“We’re automating the ordinary to deliver the extraordinary. A key milestone was the relaunch of ‘Sam’, our conversational AI virtual assistant. 

“Sam anticipates user needs and provides real-time answers and gives customers uniquely tailored recommendations, streamlining every aspect of travel for our customers across our proprietary platform, app, and browser extension.

“Our leadership in the ANZ market is built on a powerful combination of technology, our people, and unmatched content.

“This enhances the customer experience and sets our corporate brands apart. Our recent research reinforces this, showing strong market confidence with 45 per cent of corporate customers surveyed planning to increase their travel spend in FY26.

“We’re expanding into higher-margin services that solve broader business problems for clients. 

“Demand for the MICE industry continues to rise, and to address this, FCM Meetings & Events expanded its Australian team and launched an innovative Strategic Meetings Management solution. This empowers businesses to manage meetings with greater impact and control.

“Corporate Traveller remains focused on delivering smarter solutions for SMEs. The brand leverages tailored technology and expert support to help organisations simplify complex travel, save time, and achieve cost savings.

“The corporate travel landscape is transforming rapidly. Our combination of scale, a customer-centric service culture, and technological capability means we’re not just navigating the changes – we’re leading them.

“Both FCM Travel and Corporate Traveller are set to capitalise on market opportunities, with a strong pipeline of new technology integrations, and client wins in the coming months.”

Comments by Chris Galanty, Flight Centre Travel Group, Global Corporate CEO

“The standout story is productivity. Transaction value per employee across our flagship brands, FCM Travel and Corporate Traveller, is up almost 20 per cent since the first half of FY24. 

“Our profit growth has comfortably exceeded our transaction value growth – clear evidence we're achieving genuine scale efficiencies.

“This isn't about working people harder. It's about working smarter through AI-enabled tools and streamlined processes that free our consultants to focus on complex, high-value client work.

“This allows us to automate the ordinary to deliver the extraordinary to our customers, who are the ultimate winners when it comes to our innovation and advancements across our corporate businesses, as we base many of our improvements on consultations with them as partners.

“The corporate travel industry is consolidating rapidly. New entrants are disrupting traditional models. Economics is shifting. This creates opportunity for well-positioned players – and we're capitalising on it with a robust pipeline of new accounts and strong retention.

“Asia has returned to profitability after prior-year losses. Our US SME business grew transaction values by 13 per cent. And we're winning significant contracted opportunities globally.

“We've launched AI tools that handle routine enquiries while our consultants focus on what they do best: solving complex travel challenges. This isn't AI replacing people. It's automating the ordinary to deliver the extraordinary.

“Our Melon and FCM platforms now integrate customer-facing and operational technologies, creating a seamless experience that combines the speed of automation with the personal touch clients demand.

“We're expanding into higher-margin services beyond flight and hotel bookings. FCM generated approximately 10 per cent of global revenue this half from meetings and events, payments, and consultancy – solving broader business problems for clients.

“We enter H2 with strong momentum, improving margins, and multiple growth levers. Industry consolidation is creating opportunities. Our productivity initiatives are gaining traction. 

“The corporate travel landscape is transforming rapidly. FLT's combination of scale, service culture, and technological capability means we're not just navigating – we’re leading.”

Read the full ASX announcement

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