NEXTDC posts FY26 net revenue of $405 million and swings to $82.1 million profit
AI Market Summary
NEXTDC reported FY26 results above guidance with net revenue up 16%, underlying EBITDA up 15%, and statutory NPAT swinging to a profit. Contracted utilisation surged and the forward order book remains strong, supporting an accelerated buildout funded by materially higher capex and expanded liquidity after large capital raises. The update is supportive for Australian growth equities, while elevated spend highlights execution and funding sensitivity.
Impact level
● Medium
Affected assets
NCCOGOLD2USD/USDT-0.12%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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NEXTDC reported FY26 net revenue of $405 million, up 16%, and underlying EBITDA of $248.8 million, up 15%, both above the top end of its guidance. Statutory NPAT swung to a profit of $82.1 million from a $60.5 million loss. Contracted utilisation surged 202% to 740.1MW. Capital expenditure hit a record $3,397 million, $397 million above the top end of guidance, driven by land acquisitions and accelerated construction to meet customer delivery dates.
