Optus delivered improved financial performance and operational progress in the third quarter of FY26, supported by mobile growth, network resilience investments, and leadership changes within its networks division.
Optus Financial Performance in Q3 FY26
According to the latest update from parent company Singtel, Optus reported steady growth across revenue and profitability.
Quarterly highlights:
Operating revenue: S$1,867 million, up 0.6 percent
EBITDA: S$503 million, rising 5.1 percent
EBIT: S$116 million, up 27.4 percent
The sharp EBIT increase reflects improved operational efficiency and stronger mobile performance.
Mobile Business Drives Growth
Rising ARPU and Service Revenue
Mobile services remained the key growth engine:
Mobile service revenue increased 3.1 percent
Branded postpaid ARPU rose to A$50 from A$49
Prepaid ARPU reached A$20
Expanding Customer Base
Optus continued to grow its subscriber base:
Total mobile customers: 10.744 million (up 0.8 percent year over year)
5.839 million postpaid customers
3.847 million prepaid customers
1.058 million connected devices
Surging Data Consumption
Postpaid handset users consumed 23 GB per month, highlighting continued demand for high-speed mobile data.
Fixed and Home Broadband Performance
Optus maintained stable growth in its home broadband business.
Total home customers: 1.309 million
1.07 million NBN customers
239,000 Fixed Wireless Access customers
Blended home ARPU increased to A$78
Wholesale and enterprise fixed revenue also grew, supported by network sharing agreements.
Nine-Month FY26 Performance (9MFY26)
For the nine months ended December 31, 2025, Optus reported:
Operating revenue: A$6,284 million, up 2 percent
EBITDA: Up 7 percent
EBIT: A$420 million, rising 28 percent
Growth was primarily driven by the postpaid mobile segment and regional network sharing partnerships.
Network Resilience and Operational Improvements
Following the review of the Triple Zero outage, Optus is prioritizing investments to strengthen network reliability and restore customer trust.
Key initiatives include:
Continued investment in network resilience
Transitioning branded retail stores to company-owned operations to improve service consistency
Targeting S$0.2 billion in annual gross cost savings alongside Singtel Singapore
These initiatives align with the broader Singtel28 strategy focused on improving competitiveness and operational performance.
Leadership Transition in Networks Division
Optus recently announced a leadership change in its Networks division.
CTO Tony Baird will step down after a transition period.
Sri Amirthalingam has been appointed as the new CTO.
Amirthalingam joins from Telstra, where he served as Executive, Wireless Networks and built a 36-year career in telecom infrastructure, network planning, and technology strategy.
Outlook
Optus’ latest results highlight a telecom operator stabilizing performance through mobile growth, disciplined cost management, and strategic investment in network resilience. With leadership changes, stronger ARPU trends, and continued execution of the Singtel28 plan, Optus is positioning itself for improved competitiveness in the Australian telecom market.