Canva lodged its 2023 and 2024 accounts in late March, more than two years after they were due under Australian reporting requirements. Those filings confirmed that the online design and publishing platform moved into statutory profit for the first time last year.
Fresh accounts filed a week ago for the 2025 calendar year, covering its Australian operations, show the momentum continued.
According to the 2025 numbers, Canva’s Australian group booked a $25.96m profit after income tax on revenue of $3.02bn. The prior year told a very different story, with the local group recording a net loss of $425.47m from $2.15bn in revenue in 2024.
That swing in profitability came alongside what the company describes as “40% growth at scale” over the year.
The figures show Canva’s Australian arm is now converting its rapid revenue expansion into bottom-line gains, at least on a statutory basis. Investors and regulators are likely to focus on how the platform sustains that 40% growth rate without sliding back into deep losses.
The late lodgement of multiple years of accounts also raises governance questions for the high-growth tech group.
