Appen Limited (APXYY) Q2 2026 Earnings Call Transcript

SA Transcripts 162.03K Followers Follow Appen Limited ( APXYY ) Q2 2026 Earnings Call August 26, 2026 9:00 PM EDT Company Participants Ryan Kolln - CEO, MD & Director Justin Miles - Chief Financial Officer Conference Call Participants Sam Wells - NWR Communications Pty Ltd Josh Kannourakis - Barrenjoey Markets Pty Limited, Research Division Conor OPrey - Canaccord Genuity Corp., Research Division Presentation Sam Wells NWR Communications Pty Ltd Good morning, everyone, and welcome to Appen's First Half FY '26 Results Webinar. I'm Sam Wells from NWR. And joining me from the company today is CEO and Managing Director, Ryan Kolln; and Chief Financial Officer, Justin Miles. [Operator Instructions] And with that, I'll pass it over to you, Ryan. Ryan Kolln CEO, MD & Director Thanks, Sam, and good morning, everyone. Thanks for joining us today for our H1 FY '26 results presentation. My name is Ryan Kolln. I'm the CEO and Managing Director at Appen, and with me is Justin Miles, our CFO. Today's presentation covers 4 sections. I'll start with the results overview. Justin will then walk through the detailed H1 FY '26 financial performance. Then I'll return to cover our strategy and operational update, and we will close with an FY '26 outlook and guidance before opening up for questions. Let me start now with an overview of our H1 results on Page 5 of the presentation. The first half delivered on the themes that we've been building towards. At the group level, we delivered $119.9 million in revenue. This is 17% growth on the prior corresponding period. Appen China was a standout for the half. Revenue grew 80% to $76.2 million and achieved an annualized revenue run rate exceeding $175 million in June. That is up from $135 million at the end of 2025. The sustained growth reflects the strength of our relationships with the Chinese model builders and the ongoing demand for our data services in the region.