H1 FY26 Half Year Results Investor Presentation

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Stock Megaport Ltd (MP1.ASX)
Release Time 20 Feb 2026, 8:23 a.m.
Price Sensitive Yes
 MP1 Reports H1 FY26 Half Year Results
Key Points
  • Megaport Group Annual Recurring Revenue reaches $338M, up 49% YoY
  • Megaport Network ARR up 16% YoY to $263.4M, with 57% YoY increase in Total Lifetime Value
  • Acquired Latitude.sh and Extreme IX, expanding Megaport's compute and internet exchange capabilities
Full Summary

Megaport Ltd reported its H1 FY26 half year results, highlighting several key achievements. The Megaport Group's annual recurring revenue (ARR) reached $338M, up 49% year-over-year, driven by strong performance across the Megaport Network, Megaport Compute (Latitude.sh), and Extreme IX businesses. The Megaport Network ARR grew 16% year-over-year to $263.4M, with a 57% increase in total lifetime value. The company also reported a 100% increase in new logo growth and over 30% of ARR growth driven by product innovation. Megaport continued to invest in its business, acquiring Latitude.sh, a compute and GPU-as-a-Service provider, and Extreme IX, India's leading internet exchange operator. These acquisitions expanded Megaport's capabilities in compute and internet exchange services, while also providing a foothold in the fast-growing Indian market. The company also made significant investments in its network, including deploying high-capacity metro DWDM infrastructure, upgrading backbone capacity, and increasing engineering efficiency through AI-assisted development. Looking ahead, Megaport provided updated FY26 guidance for the combined group, with revenue expected to be in the range of $302M to $317M and EBITDA margin between 21-24% of revenue.

Guidance

Megaport Network Only: Revenue $264M - $270M, EBITDA Margin 18 - 20% of revenue, Capex 18 - 20% of revenue. Combined Group: Revenue $302M - $317M, EBITDA 21 - 24% of revenue, Capex $90M - $100M.

Outlook

Megaport is focused on continuing to build, innovate, and invest to drive sustainable 20%+ growth and convert scale into sustained profitability and cash flow. The company sees significant opportunities ahead as a global leader in automated Infrastructure as a Service powered by software.