Top 5 ASX Stocks to Keep an Eye on in July 2026

These shares are showing stable growth across earnings, revenue and operations, reflecting improving performance and consistent expansion across different business sectors

Technology One Limited (ASX: TNE)

released its half yearly result for the dated ending 31 March 2026 on 19 May 2026. The profit before tax increased to $89.1M, an increase of 9%. The profit after tax increased to $66.8 million, which is a 6% increase. ARR stood at $598.0m, a rise of 17% while revenues rose by 11% to $322.7m. SaaS and recurring revenue was $299.2m, improved 13%. UK ARR increased 23% to $53m. Interim dividend was 8.0 cents, up 21%.

The company confirmed FY26 guidance of 18%–20% profit growth and 16%–18% ARR growth with 32% margin and strong cash conversion.

AI products and SaaS+ helped drive growth, expanding market reach and supporting long term plans for higher ARR and profit margins.

Sonic Healthcare Limited (ASX: SHL)

Sonic Healthcare Limited (ASX: SHL) reported the results of its half year ended 31 December 2025 on 19 February 2026. All financial figures have been recorded growing. This includes revenue, profits, cash flow, earnings and even interim dividends. All this means that the company is on track with meeting its full-year guidance.

Performance improved in several regions including Germany, Australia, UK, Switzerland and radiology, while the US business faced some pressure. Growth was supported by acquisitions, better efficiency and ongoing cost control. The company also continued focus on integration, capital management and future expansion plans.

McMillan Shakespeare Limited (ASX: MMS),

on 23 February 2026, released their half year results for 1HFY26. After tax net profit was reported at $49.6m, marking a 9.7% increase. The revenue increased by 11.2% to reach $297.4m. EPS for this period was 72.3 cents. MMS paid an interim dividend of 62 cents (fully franked). The capital returns could reach $53.2m, up 7.6%. It also announced an on-market share buyback of up to $10m over the next 12 months.

Growth came from all business segments, stronger novated leases, and expansion of Onboard Finance. Productivity improved, with better efficiency and higher digital customer use.

JB Hi-Fi Limited (ASX: JBH)

JB Hi-Fi Limited (ASX: JBH) shared Q3 FY26 sales update for 1 January to 31 March 2026 on 6 May 2026. JB Hi-Fi Australia recorded comparable growth of 2.6% and total 4.0%. New Zealand posted 15.2% comparable and 23.2% total. The Good Guys delivered 2.5% comparable and total growth. The group noted supply chain cost rises in technology, stock shortages and stronger competition during the key end of financial year trading period.

On 16 February 2026, HY26 results showed sales 6.10b, EBIT 454m, NPAT 305.8m, EPS 279.7 cps, and an interim dividend of 210 cps, up 23.5% or 40 cps, reflecting a 75% payout of NPAT after increasing the payout ratio to 70–80%.

IPH Limited (ASX: IPH)

IPH Limited (ASX: IPH) announced the HY26 results of the half year ending 31 December 2025 on 19 February 2026. There was an increase of 6.5% in revenue to $363.9m and there was a 6.6% growth in Underlying EBITDA to $107.1m. NPATA reached $62.6m up 2.6% and statutory NPAT was $41.2m up 10.5%. EPS stood at 15.8c and cash conversion was 101%. Interim dividend was 19.0c, up 11.8% and 20% franked with a buy-back starting 9 March 2026.

Revenue growth came from Canada and Asia with acquisition support, while ANZ declined. EBITDA strength came from Canada recovery and Asia gains. Asia filings rose, ANZ was weaker and diversification increased. The net debt fell to $339.3m and leverage eased to 1.8x.

(Source: Company Report)