NXT.ASX: Contract Utilisation Update

Contract Utilisation Update

Stock	NEXTDC Ltd (NXT.ASX)
Release Time	22 Dec 2025, 8:30 a.m.
Price Sensitive	Yes

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NEXTDC Announces Significant Contracted Utilisation Increase

Key Points

Pro forma contracted utilisation increased by 96MW (30%) to 412MW
Pro-forma forward order book increased to 301MW
FY26 Net Revenue, Underlying EBITDA and capex guidance unchanged

Full Summary

NEXTDC Limited (ASX: NXT) has announced a significant increase in its pro forma contracted utilisation, up by 96MW (30%) to 412MW since the last update on 1 December 2025. This increase is a result of further customer contract wins. As a consequence, NEXTDC's pro-forma forward order book has increased to 301MW. The pro-forma forward order book is expected to progressively convert to billings, revenue and EBITDA over the period FY26 to FY29. Despite the increase in contracted utilisation, NEXTDC's FY26 Net Revenue, Underlying EBITDA and capex guidance remains unchanged from the previous update on 1 December 2025. NEXTDC is an ASX 100-listed technology company and Asia's most innovative Data Centre-as-a-Service provider, building the infrastructure platform for the digital economy. The company is focused on sustainability and operational excellence, with its data centres engineered to deliver exceptional levels of efficiency and the industry's lowest Total Cost of Operation.