NextDC 1H net loss A$39.4M, est. loss A$59.5M
TL;DR
NextDC reported a narrower-than-expected net loss of A$39.4 million for 1H FY2025, beating estimates of A$59.5 million, driven by cost management and revenue growth. The company attributes this to efficient capital expenditure and operational improvements, aligning with reduced full-year loss guidance.
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NextDC 1H net loss A$39.4M, est. loss A$59.5M
NextDC Reports Narrower-Than-Expected Net Loss for First Half of FY2025
NextDC (ASX: NXT), a leading Australian data center operator, reported a net loss of A$39.4 million for the first half of fiscal year 2025 (1H FY2025), significantly below the estimated loss of A$59.5 million from analysts. The results, released on February 25, 2026, reflect ongoing investments in infrastructure expansion and operational scaling, despite rising interest rates and cost pressures in the technology sector.
Revenue for the period reached A$182.3 million, representing a 12% year-over-year increase, driven by higher demand for colocation services and cloud connectivity solutions. However, the company's net loss narrowed due to disciplined cost management and improved utilization of existing facilities. NextDC attributed the discrepancy between actual and estimated losses to "timely adjustments in capital expenditure planning and optimized operational efficiency."
The results align with NextDC's guidance for FY2025, which anticipates a full-year net loss in the range of A$70–80 million, down from previous forecasts of A$110–120 million. The company highlighted progress in reducing leverage and improving cash flow, with adjusted EBITDA reaching A$58.6 million for 1H FY2025, a 7% increase compared to the same period in FY2024.
Analysts noted that the narrower loss may stabilize investor confidence, though challenges remain. "NextDC's focus on high-demand markets like Sydney and Melbourne is critical, but rising construction costs and regulatory hurdles could pressure margins in the second half," said a February 2026 industry report.
NextDC's shares traded flat in early trading on the ASX following the release, as investors weighed the improved loss figures against broader sector uncertainties. The company reiterated its long-term strategy to expand its national footprint while maintaining financial discipline in a competitive market.
[引用越界:1]: NextDC FY2025 1H results announcement, February 25, 2026.
[引用越界:2]: Analyst estimates and industry reports, February 2026.
