DTL reports continued growth in line with expectations

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Stock Data#3 Ltd (DTL.ASX)
Release Time 23 Feb 2026, 9:49 a.m.
Price Sensitive Yes
 Data#3 reports continued growth in line with expectations
Key Points
  • Gross Sales up 9.2% to $1.5 billion
  • NPBT up 4.5% to $33.5 million
  • Interim dividend up 3.1% to 13.50 cents per share
Full Summary

Data#3 Limited (ASX: DTL) has reported its results for the half year ended 31 December 2025 (1H FY26), with Gross Sales up 9.2% to $1.5 billion and above the Australian IT market growth rate of 8.7%. Statutory revenue increased by 8.1% to $423.1 million, while Gross Profit was up 0.3% to $144.0 million. EBIT increased by 6.2% to $27.6 million, and NPBT was up 4.5% to $33.5 million. NPAT increased by 3.7% to $23.2 million, and Basic EPS was up 3.6% to 14.95 cents per share. The company also announced an interim fully franked dividend of 13.50 cents per share, up 3.1% on the previous corresponding period. Data#3 Managing Director and Chief Executive Officer Brad Colledge commented that the company's resilience is driven by the strength of its customer relationships and diverse offerings across Infrastructure, Software and Services. The strong performance in the Infrastructure business and continued topline growth in Software Solutions has offset more challenging conditions in parts of the Services business.

Guidance

Data#3 expects its Infrastructure Solutions business to continue performing strongly, capitalising on the Windows 11 refresh cycle and increasing adoption of AI-enabled devices, while growing demand for multi-cloud and AI solutions is driving demand for data centre and network capabilities. The company also expects its Software Solutions business to return to gross profit growth in 2H FY26, resulting in a full year contribution to gross profit consistent with FY25.

Outlook

Data#3 is well positioned to deliver sustainable growth through FY26, supported by the resilience of its core business and strength of its customer relationships. The company continues to expect a sales peak in the months of May and June and earnings skewed to the second half, with a goal to deliver sustainable earnings growth for its shareholders, consistent with its long-term strategy.