Xero (ASX:XRO) reported Thursday that it swung to a loss of NZ$0.19 per share in the fiscal year 2026 from a profit of NZ$1.47 a year earlier.

Analysts polled by FactSet expected earnings of NZ$1.39.

Total operating revenue for the 12 months ended March 31 was NZ$2.75 billion, compared with NZ$2.1 billion a year earlier. Analysts surveyed by FactSet expected NZ$2.74 billion.

The company expects fiscal year 2027 operating revenue to range between NZ$3.62 billion and NZ$3.73 billion, with adjusted earnings before interest, taxes, depreciation, and amortization projected to be between NZ$860 million and NZ$920 million. Analysts polled by FactSet expect revenue of NZ$3.58 billion.