Is Seek Getting the Job Done?

Seek has narrowed its FY26 guidance to the upside after improving yields in the first half.

Seek says AI-enabled ads and an outcome-based pricing has increased its yield, offsetting a decrease in volume caused by macroeconomic conditions and its freemium offer.

Seek still recorded a loss of $178 million in the first half, due to a previously declared loss in value from its investment in a Chinese jobs platform.

Seek is now targeting between $195 and $215 million in adjusted profit for the financial year 26.

And the company will distribute a record 27 cents per share dividend.