Key points
- Net revenue grew 16% to A$405.0m, exceeding guidance
- Underlying EBITDA increased 15% to A$248.8m
- Contracted utilisation reached 740.1MW, a 202% increase
- Pro forma available liquidity of A$8.7bn, with no debt maturities until FY30
Full summary
NEXTDC Ltd's FY26 results showcased substantial growth across key metrics. Net revenue increased by 16% to A$405.0 million, surpassing the guidance range of A$390 to 400 million. Underlying EBITDA rose 15% to A$248.8 million, also exceeding the guidance of A$230 to 240 million. The company's contracted utilisation surged 202% to 740.1MW, marking a record sales year. The balance sheet remains robust with total assets of A$10.2 billion, including A$5.8 billion in property, plant, and equipment and A$3.2 billion in investment properties. Pro forma available liquidity stands at A$8.7 billion, with no debt maturities until FY30, ensuring financial stability.
Guidance
NEXTDC Ltd expects Contracted EBITDA to exceed A$1.0bn by FY30
Outlook
NEXTDC is well-positioned for future growth, with a strong balance sheet and a forward order book of 565MW expected to convert to billing by FY30.