Rightmove PLC (LSE:RMV), the UK's largest property portal, has set out plans for accelerated investment in artificial intelligence and product innovation as it targets sustained double-digit revenue growth into the medium term, after reporting a strong set of full-year results for 2025.
The company said it expected revenue to grow by 8-10% in 2026, underpinned by the continued uptake of its top packages for estate agents and new homes developers.
It also touted further product-led growth and expansion of its strategic businesses in commercial property, mortgages and rental services, which it expects to grow by 20-30% in the year.
Rightmove said it anticipated membership growth of around 1% and average revenue per advertiser growth of between £110 and £120 across agency and new homes.
The group also announced the restart of its share buyback programme, with £90 million to be returned to shareholders by 31 July 2026, funded by surplus cash and cash generated from operations.
Underlying operating profit growth in 2026 is expected to come in at 3-5%, resulting in an underlying operating margin of 67%, as the company steps up investment in innovation, with higher profit growth anticipated in subsequent years.
The forward guidance came alongside a string of product launches already underway in early 2026, including a conversational search tool developed in partnership with Google Cloud, the submission of an application within the ChatGPT ecosystem, and a new mortgage partnership with NatWest.
Rightmove's Online Agent Valuation tool, which allows potential vendors and estate agents to interact digitally, has become the fastest-growing new product the company has ever released.
For 2025, Rightmove reported revenue of £425.1 million, up 9% on the prior year, with underlying operating profit rising 9% to £297.7 million and an underlying operating margin of 70%.
Operating profit on a statutory basis rose 12% to £287.9 million, helped by the absence of one-off transaction-related costs that had weighed on the 2024 figure.
Basic earnings per share rose 15% to 28.1p, while underlying basic earnings per share grew 11% to 29.1p.
The company returned £219.7 million to shareholders during the year through buybacks and dividends, up 21% on 2024, and proposed a final dividend of 6.59p per share, taking the total dividend for the year up 9% to 10.64p.
Agency membership grew 2% to 16,385 branches, with estate agent retention above 90% for the second-highest rate in over ten years.
Strategic growth areas of commercial property, mortgages and rental services combined generated £29.1 million in revenue, up 25% year on year.
Chief executive Johan Svanstrom said the results demonstrated the quality and resilience of the Rightmove platform across all property market cycles, and that the company had entered 2026 with confidence.