4imprint Group (FOUR) H1 2026 earnings summary

Executive summary

• Revenue for H1 2026 increased 1% year-over-year to $666.4m, with improved average order value offsetting a 1% decline in total orders.

• Adjusted operating profit fell 12% to $62.5m, mainly due to higher tariff-related supplier costs.

• Cash and bank deposits rose to $136.9m, reflecting strong cash generation and efficient working capital management.

• Interim dividend per share maintained at 80.0c.

Financial highlights

• Adjusted profit before tax fell 12% to $64.8m; adjusted basic EPS decreased 12% to 173.2c.

• Reported profit before tax dropped 19% to $59.6m; reported basic EPS declined 21% to 155.1c.

• Gross profit margin declined to 31.5% from 32.8% due to tariff-related cost increases.

• Adjusted operating profit margin was 9.4%, compared to 10.7% in H1 2025.

• Free cash flow for H1 2026 was $49.3m after $45.2m in dividends paid.

Outlook and guidance

• Full year 2026 revenue and earnings expected to exceed current analyst forecasts, with revenue slightly above $1.35bn and adjusted profit before tax around $130m.

• Board remains confident in long-term growth strategy and business resilience.