Smartgroup
Smartgroup is an employee management services provider covering salary packaging, novated leasing EVs and fleet management.
- Public company
- Sydney, NSW, AUAustralia
Smartgroup is an employee management services provider covering salary packaging, novated leasing EVs and fleet management.
What could change its growth trajectory, and what would confirm it?
Continued growth in novated leasing demand, where settlements and new orders rose over 30% year on year in Q3 2026, together with Smartgroup's acquisition of one company to date, could extend its growth trajectory. Smartgroup provides services from salary packaging through novated leasing of EVs to fleet management.
In H1 2026, Smartgroup lifted revenue 13% to $179.5 million and operating EBITDA 16% to $73.8 million.
Is its category moving in its favor or against it?
Novated leasing demand is rising, a shift that favors Smartgroup's novated leasing business, as Q3 2026 settlements rose 31% year on year including refinanced vehicles while new orders excluding refinancings increased 33%.
Smartgroup presented first-half 2026 results on August 26, 2026, with robust financial performance across its salary packaging, novated leasing, and fleet management operations. The company reported record half-year results for H1 2026, with revenue rising 13% to $179.5 million and operating EBITDA increasing 16% to $73.8 million.
What does the product do for its buyer, and how is it delivered?
Smartgroup delivers outsourced employee management services covering salary packaging, novated leasing, vehicle fleet management, payroll administration, employee share plan administration, and workforce optimization through two segments: outsourced administration and vehicle services.
Its brand portfolio comprises Smartsalary, Smartleasing, Smartfleet, Autopia, AccessPay, and PBI Solutions.