Half Year Reports & Accounts

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Stock NEXTDC Ltd (NXT.ASX)
Release Time 25 Feb 2026, 5:38 p.m.
Price Sensitive Yes
 NEXTDC Reports Strong 1H26 Results
Key Points
  • Contracted utilisation increased 137% to 416.6MW
  • Strong forward order book of 296.8MW projected to ramp up over FY26-FY29
  • Total revenue grew 13% to $231.8 million, net revenue up 13% to $189.2 million
Full Summary

NEXTDC is pleased to report its interim results for the half-year ended 31 December 2025 which delivered a record increase in contracted utilisation as well as strong growth in revenue, net revenue and Underlying EBITDA. Contracted utilisation increased by 240.5MW (137%) to 416.6MW, with a strong forward order book of 296.8MW projected to ramp up over the remainder of FY26 through to FY29. Total revenue rose $26.3 million (13%) to $231.8 million, net revenue was up $21.4 million (13%) to $189.2 million, and Underlying EBITDA increased $9.9 million (9%) to $115.3 million. NEXTDC invested approximately $1.3 billion during the half-year to progress capital development projects, with expansion works continuing across its national data centre network and international operations. The company maintained 100% uptime and its ISO certifications throughout the period. NEXTDC secured $3.5 billion in new senior debt facilities, bringing its total debt facilities to $6.4 billion and providing $4.2 billion in available liquidity at 31 December 2025.

Guidance

NEXTDC expects to deliver continued growth in revenue, net revenue and Underlying EBITDA in FY26 based on the strong forward order book and ongoing expansion of its data centre network.

Outlook

NEXTDC remains well-positioned for future growth, with a robust forward order book, ongoing capital investment in new facilities, and a strong balance sheet to support the company's expansion plans in Australia and the Asia-Pacific region.