Redbubble
Financial Performance
Redbubble Revenue & Financials
Revenue
~$263.5M (FY2026)
Market Cap
$108.8M
Net Income
~$7M
Employees
260
What is Redbubble's revenue?
Redbubble had ~$263.5M in revenue for fiscal year 2026, down 6.9% from 2025. Net income was ~$7M.
- Latest revenue
- ~$263.5M (FY2026)
- Year-over-year
- -6.9%
- Growth rate (CAGR)
- -8.1% over 4 years
- Peak revenue
- ~$369.8M (FY2022)
- Years of data
- 5
- Employees
- 260
- How much profit does Redbubble make?
- Redbubble reported net income of ~$7M for fiscal year 2026. stockanalysis.com
- How many employees does Redbubble have?
- Redbubble has about 260 employees.
Financial Analysis
Articore Group (ASX: ATG), the owner of Redbubble and TeePublic, reported FY26 (year to 30 June 2026) revenue of ~$263 million (A$408.5 million), down 6.9%, with marketplace revenue down 6.5% to ~$229 million (A$354.5 million). Gross profit rose 1.7% to ~$113 million (A$175.9 million) at a record 49.6% margin, operating EBITDA rose 76.9% to ~$10.6 million (A$16.4 million), and EBIT reached ~$6.64 million (A$10.3 million), a ~$13 million (A$20.1 million) swing from FY25. Net profit was about $7.03 million (A$10.9 million) and cash rose to ~$26.1 million (A$40.5 million) from ~$18.3 million (A$28.4 million). Operating expenses fell to ~$54.8 million (A$85 million), 34% below FY23. FY27 guidance is operating EBITDA of A$17-23 million. Redbubble Limited is an Australian global online marketplace for print-on-demand products, experiencing a severely compressed micro-cap valuation following major post-pandemic sales declines.
Revenue Trend Analysis
YoY Change
-6.9%
4-Year CAGR
-8.1%
Peak Year
2022
Trend
Declining Trend
Redbubble has 5 full fiscal year figures on this page, compounding at -8.1% annually over 4 years. The most recent year saw a 6.9% decline versus the prior year. Annual revenue peaked in fiscal year 2022 at ~$369.8M. Of 4 comparable year-over-year steps, 0 showed growth and 4 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2026 | ~$263.5M | ~$7M | -6.9% | Articore Group (ASX:ATG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2026-06-30. |
| FY2025 | ~$282.9M | -~$7.3M | -11.0% | Articore Group (ASX:ATG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2025-06-30. |
| FY2024 | ~$318M | -~$5.7M | -11.2% | Articore Group (ASX:ATG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2024-06-30. |
| FY2023 | ~$358.1M | -~$34.9M | -3.2% | Articore Group (ASX:ATG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2023-06-30. |
| FY2022 | ~$369.8M | -~$15.9M | — | Articore Group (ASX:ATG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2022-06-30. |
Click any row to see year details.
Keep researching Redbubble
Redbubble Revenue and Financial FAQ
What was Redbubble's revenue in FY26?
Articore Group reported revenue of ~$263 million (A$408.5 million) for the year to 30 June 2026, down 6.9% from ~$283 million (A$438.6 million) in FY25. Marketplace revenue fell 6.5% to ~$229 million (A$354.5 million).
Did Articore make a profit in FY26?
Yes. EBIT was ~$6.64 million (A$10.3 million), a ~$13 million (A$20.1 million) improvement on FY25, and operating EBITDA rose 76.9% to ~$10.6 million (A$16.4 million). Net profit was about $7.03 million (A$10.9 million).
What are Redbubble's gross margins?
FY26 gross profit rose 1.7% to ~$113 million (A$175.9 million), a record 49.6% gross margin, up 400 basis points. The gross profit after paid acquisition (GPAPA) margin hit a record 28.6%.
How much cash does Articore have?
Cash was ~$26.1 million (A$40.5 million) at 30 June 2026, up from ~$18.3 million (A$28.4 million) a year earlier, helped by ~$6.51 million (A$10.1 million) of underlying cash flow. No dividend was paid for FY26.
How has Redbubble's revenue changed since the pandemic?
Revenue fell from ~$370 million (A$573.4 million) in FY22 to ~$358 million (A$555.1 million) in FY23, ~$318 million (A$493.0 million) in FY24, ~$283 million (A$438.6 million) in FY25 and ~$263 million (A$408.5 million) in FY26.
What is Articore's FY27 guidance?
Articore guided to a GPAPA margin of 27-30%, operating expenses of A$79-85 million and operating EBITDA of A$17-23 million for FY27.
How did the first half of FY26 go?
In the six months to 31 December 2025, marketplace revenue fell 4.5% to ~$142 million (A$220.3 million), but gross profit rose 6.0% to ~$69.3 million (A$107.5 million) and EBIT reached ~$7.8 million (A$12.1 million), the highest in five years.
What is Redbubble’s annual revenue and Gross Transaction Value (GTV)?
Articore Group (Redbubble and TeePublic) generates between AUD $500 million and $600+ million in annual Gross Transaction Value (GTV), delivering approximately AUD $420 million to $470 million in net Marketplace Revenue.
What are Redbubble’s gross profit margins?
Redbubble typically delivers gross profit margins between 38% and 43% of Marketplace Revenue, supported by competitive wholesale pricing from its global network of independent printing partners.
How did Redbubble return to positive operating EBITDA in FY24?
Under co-founder Martin Hosking’s leadership, the company eliminated AUD $45M+ in annualized operating costs, rationalized marketing expenditure, and introduced artist fee tiers, returning the group to underlying positive EBITDA.
What percentage of sales does TeePublic contribute to Articore Group?
TeePublic contributes approximately 40% to 45% of Articore Group’s total marketplace revenue, exhibiting strong customer retention, lower fulfillment return rates, and high apparel sales.
What is Redbubble’s geographic revenue distribution?
Redbubble is overwhelmingly an international export business: North America generates approximately 68% to 70% of total revenue, Europe generates ~15%–18%, and its home market of Australia/New Zealand accounts for around 8%–10%.
How does seasonal holiday shopping impact Redbubble’s quarterly financials?
Like most consumer gift platforms, Redbubble experiences massive Q2 (calendar Q4) holiday seasonality around Black Friday and Christmas, which generates over 40% of its annual operating cash flow.
What is Redbubble’s balance sheet cash position and debt profile?
Redbubble maintains a clean balance sheet with zero structural bank debt and healthy cash reserves, providing liquidity to withstand e-commerce cycles.
What are Articore Group’s medium-term financial targets?
Articore targets sustaining positive free cash flow, expanding gross profit margins toward 45%, and re-accelerating profitable Gross Transaction Value growth across Redbubble and TeePublic.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Redbubble Revenue & Financials." CorpDigest, https://corpdigest.com/company/redbubble/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Redbubble reported ~$263.5M in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/redbubble/financials" target="_blank" rel="noopener">CorpDigest — Redbubble financials</a></div>Related Financial Audits
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