Xero (ASX:XRO) Revenue: A$2,296 Mil (TTM As of Mar. 2026)


ASX:XRO Xero Ltd ASX:XRO
81 GF Score
Price A$72.25
GF Value A$196.35
Valuation Possible Value Trap
! 7 Warning Signs
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What is Xero Revenue?

Xero ASX:XRO +1.43% 81 Revenue is A$2,296 Mil as of Mar. 2026. GuruFocus rates ASX:XRO with a GF Score™ of 81/100 and a GF Value™ of A$196.35 (Possible Value Trap). The stock has 7 warning signs investors should review.

Xero's revenue for the six months ended in Mar. 2026 was A$1,249 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was A$2,296 Mil. Xero's Revenue per Share for the six months ended in Mar. 2026 was A$7.32. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was A$13.77.

During the past 12 months, the average Revenue per Share Growth Rate of Xero was 13.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 16.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 21.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 25.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Xero's highest 3-Year average Revenue per Share Growth Rate was 68.80% per year. The lowest was 16.90% per year. And the median was 25.50% per year.


Xero  (ASX:XRO) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Xero Revenue Related Terms


Xero Revenue Historical Data

* Premium members only.

The historical data trend for Xero's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Xero Revenue Chart

Xero Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,019.44 1,310.39 1,572.12 1,910.81 2,295.77

Xero Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 829.25 914.73 996.08 1,046.62 1,249.15

ASX:XRO vs UBER, SHOP, CRM: Revenue Comparison

For the Software - Application subindustry, Xero's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Xero Revenue vs Software Industry

For the Software industry and Technology sector, Xero's Revenue distribution charts can be found below:

* The bar in red indicates where Xero's Revenue falls into.


ASX:XRO
81GF Score
Xero Ltd ASX:XRO
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Xero Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2,296 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of A$2,296 Mil mean?
Xero (ASX:XRO) has a Revenue of A$2,296 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Xero and its competitors.
Is Xero's Revenue too high?
Xero's current Revenue is A$2,296 Mil. Overall, Xero has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xero's Revenue compare to UBER and SHOP?
Xero's Revenue of A$2,296 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a Software company?
A good Revenue depends on the Software industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Xero and its competitors. Xero's current Revenue is A$2,296 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xero stock overvalued right now?
Based on GuruFocus' analysis, Xero (ASX:XRO) is currently considered Possible Value Trap. The stock's GF Value™ is A$196.35, compared to a current price of A$72.25 — trading 63.2% below its estimated fair value. The current Revenue is A$2,296 Mil. Xero's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For Xero (ASX:XRO), the current Revenue is A$2,296 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Xero (ASX:XRO) Overvalued in 2026?

Based on GuruFocus' analysis, Xero stock appears to be undervalued. The current stock price of A$72.25 is trading 63.2% below its estimated GF Value™ of A$196.35. GuruFocus considers Xero to be Possible Value Trap.

Key valuation signals for ASX:XRO:

  • Revenue: A$2,296 Mil
  • GF Value™: A$196.35 vs. price of A$72.25 (63.2% below fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the ASX:XRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xero Business Description

Other Exchanges XROLF:USA0XE:Germany
Address 19-23 Taranaki Street, Te Aro, Wellington, NTL, NZL, 6011
Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsized enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the UK and the US.
81GF Score

Get the complete analysis for ASX:XRO

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$72.25
Price
A$196.35
GF Value