WiseTech Global: TradeWise Integration and AI adoption support long-term growth

WiseTech Global is a leading provider of software solutions for the logistics, global trade, and supply chain industries. The company has expanded its network to more than 500,000 connected enterprises across manufacturing, logistics, distribution, and trade channels, strengthening the reach and connectivity of its platforms.

WiseTech Global Limited (ASX: WTC)

WiseTech Global Limited (ASX: WTC), On 5 May 2026, announced its participation in the Macquarie Australia Conference, where it highlighted its strong first half of FY26 performance, reporting a 76% growth in revenue and a 31% growth in EBITDA, driven by the acquisition of e2open. The integration resulted in the creation of TradeWise, providing a clear pathway to margin expansion.
The company rolled out CargoWise NCM to most of its customers around 95% and revised its commercial model to better align with an AI world. WiseTech Global Ltd highlighted that its AI transformation actions are aimed at improving internal efficiency, with AI agents now assisting in more than 50% of coding activities.

The company stated that it has invested over $1 billion in innovation and product development during the past five years. Management noted that AI is speeding up product development, improving efficiency and overall output.

WiseTech Global Ltd outlined the potential for AI to remove up to 50% of labor costs for logistics service providers by eliminating manual and repetitive data entry, automating core operational execution, and reducing hidden workloads. Management also noted AP Invoice Ingestion usage rising by ~32x and increase in ComplianceWise usage up to ~25x since the CVP launch.

On 25 February 2026, the company announced its First half FY26 results, including a fully franked interim dividend of 6.8cps up 1% on first half FY25, with a payout ratio of 20% of underlying NPAT. WiseTech Global Ltd’s free cash flow increased by 24% to $153.6 million and operating cash flow rose by 14% to $231.7 million compared to first half of FY25.

The company announced the next phase of its efficiency program, starting in second half of  FY26 and extending into FY27, with plans to reduce headcount across product & development and customer service teams, including e2open. Management indicated that the initiative could reduce these teams by up to 50% and result in approximately 2,000 role reductions, supporting its focus on higher-margin and recurring revenue.

Outlook:

WiseTech Global Ltd expects the WiseTech Way approach to enhance development processes and improve sales and marketing efficiency over time. The company noted that economic uncertainty relating to geopolitical and sovereign risks, may reduce future growth assumptions. The company’s PD&D costs are expected to moderate through a greater focus on senior developer hires and the use of AI and it also expects margin expansion from the remaining savings under its $40 million efficiency program.

(Source: Company Announcements)