Softcat plc declared a final ordinary dividend of 21.6p per share (FY2025: 20.4p), amounting to £46.6m (FY2025: £40.8m), as recommended by the Board of Directors. This brings the total ordinary dividend for the year to 31.5p per share (FY2025: 29.3p), amounting to £66.1m (FY2025: £53.9m). If approved by shareholders, the final ordinary dividend will be payable on 21 December 2026, to shareholders whose names are on the register at the close of business on 13 November 2026. Shares in the Group will be quoted ex-dividend on 12 November 2026.
Other financial highlights include:
- Gross invoiced income growth of 30.5% driven by very strong, broad-based performance together with the contribution from larger solutions projects.
- Gross profit growth of 24.7%, with strong underlying progress across all technology areas and customer groups and exceptional performance in corporate.
- Underlying operating profit growth of 19.4%, with significant investment during the year in people, capabilities, systems, data and office network to support future growth.
- Statutory operating profit of £196.4m, up 13.6% year-on-year, after £18.7m of non-underlying costs recognised during the year, mainly relating to the new sales system investment.
- Underlying cash conversion of 93.6%, with closing net cash and cash equivalents of £199.9m (FY2025: £182.3m).
- A final ordinary dividend of 21.6p, resulting in a full year dividend of 31.5p, up 7.5%, together with a £45m share buyback completed in February 2026, bringing the total cash returned to shareholders in the year to £137.5m.
- Outlook: Looking ahead, and excluding the contribution from GDT, business momentum remains strong and the Board expects to deliver high single-digit underlying operating profit growth in FY2027, slightly ahead of gross profit growth following very strong two-year growth across FY2025 and FY2026.
