NEXTDC Limited (NXDCF) Q4 2026 Earnings Call Transcript

SA Transcripts 162.04K Followers Follow NEXTDC Limited ( NXDCF ) Q4 2026 Earnings Call August 27, 2026 7:30 PM EDT Company Participants Craig Scroggie - CEO, MD & Executive Director Oskar Tomaszewski - Chief Financial Officer Conference Call Participants Eric Choi - Barrenjoey Markets Pty Limited, Research Division Paul Mason - E&P, Research Division Jonathan Atkin - RBC Capital Markets, Research Division Tim Plumbe - UBS Investment Bank, Research Division Andrew Gillies - Macquarie Research Siraj Ahmed - Citigroup Inc., Research Division Roger Samuel - Jefferies LLC, Research Division Fraser Mcleish - MST Financial Services Pty Limited, Research Division Nick Harris - Morgans Financial Limited, Research Division James Druce - CLSA Limited, Research Division Presentation Operator Thank you for standing by. Welcome to NEXTDC Limited Financial Year 2026 Results Announcement Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I'd now like to hand the conference over to Mr. Craig Scroggie, Chief Executive Officer and Managing Director. Please go ahead. Craig Scroggie CEO, MD & Executive Director Thank you, Amber, and good morning, ladies and gentlemen. Welcome to the NEXTDC results presentation for FY '26. I'm joined today by our CFO, Oskar Tomaszewski. Our results announcement, presentation and annual report were lodged with the ASX overnight. I draw your attention to the forward-looking statements disclaimer in the presentation. Beginning on Slide 4. FY '26 was the largest contracting year in NEXTDC's history. Contracted utilization tripled to 740 megawatts on a pro forma basis, and we exceeded guidance on both net revenue and underlying EBITDA. Net revenue of $405 million was up 16% on FY '25. Underlying EBITDA of $248.8 million was up 15%. Contracted utilization increased 202% to 740 megawatts. Billing utilization increased 58% to 175 megawatts. Turning to Slide 5. NEXTDC's forward order book hit a new high, now 565 megawatts on the back of a record sales year where we contracted