Airtasker (ASX: ART) reported robust 3Q26 results with 12.2% revenue growth driven by a 14.4% uplift in Australia, while also showing accelerating momentum in the UK and US.
Multiple strategic initiatives, including a new membership model and media partnerships, underpinned the strong performance, leading the company to reaffirm its full-year guidance.
Airtasker's Australian operations continued to demonstrate strong performance in the third quarter of FY26, reaching $12.3 million.
This growth was supported by increasing brand visibility, with unprompted brand awareness in Australia improving by 33% compared to the previous corresponding period.
This aligns with the company's media-led brand-building strategy, which has included partnerships with oOh!media and ARN.
Overall, Group revenue for 3Q26 increased by 12.2% to $15.2 million (excluding Oneflare marketplace), while Gross Marketplace Volume (GMV) also saw a significant jump of 17.8% to $56.7 million.
UK and US Markets Accelerate
The company is seeing accelerating momentum in its international markets.
UK revenue surged 43.5% in 3Q26 to $1.0 million, with its annualised GMV reaching $23.1 million as at March 2026.
The US market also showed considerable growth, with revenue more than doubling, increasing 116% to $0.3 million.
Annualised GMV for the US stood at $6.7 million as at March 2026.
These international markets are still in early-stage scaling, and Airtasker has planned marketing investments to support their continued growth.
Previous coverage highlights $18.4 million in premium advertising inventory secured for US and UK expansion through partnerships.
Strategic Partnerships Boost Brand
Airtasker recently announced a $5.0 million media partnership investment with Nine Entertainment in March 2026.
This strategic collaboration aims to further accelerate brand awareness across Australia.
This initiative builds on successful prior media partnerships, including a $6 million deal with oOh!media and a $5 million arrangement with ARN.
These alliances leverage extensive cross-platform networks to amplify Airtasker's brand presence and market reach.
The investments are designed to drive measurable marketplace growth, with past partnerships demonstrating strong returns.
For instance, HY26 results showed unprompted brand awareness in Australia up 32.1% year-on-year.
New Membership Model Launches
Further enhancing its platform, Airtasker launched its new membership program in February 2026.
This initiative represents a strategic move to build recurring revenue streams and increase user engagement.
The membership model quickly gained traction, attracting over 1,000 subscribers within its first four weeks.
This early uptake suggests positive reception for the program, which is designed to drive higher purchase frequency on the platform.
Guidance Reaffirmed, Strong Cash
Airtasker has reaffirmed its FY26 guidance, indicating confidence in its operational execution and strategic direction for the remainder of the financial year.
The company maintains a robust financial position, holding over $26 million in cash and term deposits as at 31 March 2026.
This strong cash balance provides flexibility to fund its growth initiatives.
For FY26, the planned marketing spend to support growth in the UK and US markets is estimated to result in an underlying Group cash outflow of approximately $5.0 million to $6.0 million.
Airtasker's 3Q26 results demonstrate strong execution in its core Australian market and promising acceleration in international territories.
The strategic media partnerships and new membership model are key growth drivers, though the company faces ongoing scrutiny regarding the sustainability of marketing investments and their impact on profitability.
