Rightmove posts higher H1 revenue as AI products support 2026 outlook

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Rightmove H1 revenue growth

Highlights

Rightmove reported 9% Agency revenue growth, 1% Agency membership growth, and a 69% underlying operating profit margin for H1 2026, citing AI-led tools as performance drivers.
Management maintained full-year Group revenue growth guidance of 6% to 8%, with New Homes growth subdued but momentum continuing through 2026 and beyond.
Rightmove expects to return more than £400 million to shareholders by July 2027, including substantial share buybacks, while continuing to invest in technology and AI products.

Half-year results and product rollout

As reported by London Stock Exchange, citing London Stock Exchange Regulatory News Service, Rightmove says its unaudited results for the six months ended 30 June 2026 show 9% Agency revenue growth, 1% growth in Agency membership and an underlying operating profit margin of 69%. The company also says 85% of website traffic comes from direct and organic sources, supporting the resilience of its audience and lead generation model.

Management links the performance to strong partner engagement and continued investment in AI-led tools. These include the Ask Rightmove conversational experience and an AI-enabled Online Agent Valuation product, which the company says significantly increases unique valuation leads to estate agents.

Chief Executive Johan Svanstrom says the platform continues to deliver increased value to customers and expresses confidence in momentum through 2026 and beyond. Rightmove adds that growth in New Homes remains subdued, but it maintains its full-year guidance for Group revenue growth of 6% to 8%.

Shareholder returns and sector implications

Chief Operating Officer Ruaridh Hook says the business remains financially strong and continues to focus on strategic capital allocation. Rightmove expects more than £400 million to be returned to shareholders by July 2027, including substantial share buybacks.

The update points to continued spending on technology even as parts of the UK housing market grow more slowly. For the property portal sector, the results suggest firms with strong direct traffic, high agent retention and AI-based customer tools are better placed to protect margins and support revenue growth.

Cboe Global Markets’ second-quarter 2026 results showed record net revenue growth driven by surging derivatives activity and steady gains in market data. In our earlier article, we noted that the exchange operator also lifted parts of its full-year guidance while continuing to invest in new products and broader market access—signaling sustained momentum as recurring revenue streams expand.

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