WiseTech Global announced a substantial 79% increase in its fiscal year 2026 revenue, reaching $1.396 billion. This growth was largely attributed to the successful integration of e2open, a supply chain software provider acquired by WiseTech, and the continued strong performance and expansion of its core CargoWise platform. The company also reported a 56% rise in underlying EBITDA, reaching $644.5 million, while achieving approximately $115 million in annualised run-rate savings.
For freight forwarders and logistics operations managers, this development signifies WiseTech's growing dominance in logistics software. The integration of e2open's capabilities with CargoWise could lead to more comprehensive and integrated solutions for managing global supply chains, potentially streamlining operations and improving visibility. Continued investment in AI and optimization platforms like VerifyWise and Container Transport Optimisation suggests future enhancements that could further improve efficiency and decision-making for users.
