H1 FY26 Half Year Results Announcement

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Stock Megaport Ltd (MP1.ASX)
Release Time 20 Feb 2026, 8:23 a.m.
Price Sensitive Yes
 Megaport reports record H1 FY26 results, completes two key acquisitions
Key Points
  • Group Annual Recurring Revenue increased 49% YoY to $338M
  • Megaport Network ARR grew 16% YoY, 19% in constant currency
  • Completed acquisitions of Latitude.sh and Extreme IX to expand total addressable market
Full Summary

Megaport Limited (ASX:MP1) today reported its half-year financial results for the six-month period to 31 December 2025. The company delivered record performance, including completion of two acquisitions that significantly expand its total addressable market, coupled with outstanding performance in the underlying Megaport Network business. Group Annual Recurring Revenue increased 49% YoY to $338M. Excluding acquisitions, key highlights included Net Revenue Retention up 3pp YoY to 111%, ARR growth of 19% in constant currency, Customer Lifetime extending from 10 to 13 years YoY, and a 57% constant currency increase in customer Lifetime Value to $2.5B. Megaport acquired Latitude.sh, a global Compute and GPU-as-a-Service platform, and accelerated its entry into the Indian market through the acquisition of Extreme IX. The company has raised the lower end of its original Megaport Network revenue guidance in constant currency and reaffirmed Latitude.sh revenue guidance. Megaport's updated consolidated group guidance for FY26 includes revenue of $302M to $317M, EBITDA of 21% to 24% of revenue, and capex of $90M to $100M.

Guidance

Megaport's updated consolidated group guidance for FY26 includes revenue of $302M to $317M, EBITDA of 21% to 24% of revenue, and capex of $90M to $100M.

Outlook

Megaport's CEO stated that the company's fundamentals remain strong, positioning it to deliver scalable, capital-efficient growth across Network, Compute, and AI.