Slide 1: FY26 Full-Year Results
FY26 FULL-YEAR RESULTS 27 August 2026
Slide 2: Agenda
AGENDA FY26 RESULTS FY26 HIGHLIGHTS FY26 FINANCIAL RESULTS FY26 BUSINESS PERFORMANCE FY26 ESG & WHS HIGHLIGHTS FY27 GUIDANCE APPENDICES NEXTDC © Copyright 2026 | FY26 Results Presentation 2
Slide 3: FY26 Highlights
FY26 HIGHLIGHTS NEXTDC © Copyright 2026 | FY26 Results Presentation 3
Slide 4: Largest contracting year in NEXTDC's history
LARGEST CONTRACTING YEAR IN NEXTDC’S HISTORY NET UNDERLYING CONTRACTED BILLING REVENUE1 EBITDA2 UTILISATION3 UTILISATION A$405.0m A$248.8m 740.1MW 175.0MW 16% 15% 202% 58% Note: All percentage increases are expressed relative to FY25 results 1. Comprises total revenue less direct costs 2. Refer page
Slide 5: Billing to more than quadruple to 740MW by FY30
BILLING TO MORE THAN QUADRUPLE TO 740MW BY FY30 Forward Order Book1 Conversion of Forward Order Book1 to Future Billing Forward order book 67MW Billing utilisation 80MW 221MW 565MW 740MW 197MW 134MW 87MW 175MW 86MW 111MW FY24PF 2 FY25 FY26PF 3 FY27 FY28 FY29 FY30 FY30 NEXTDC’s 565MW Forward Order Bo
Slide 6: FY26 Highlights
FY26 HIGHLIGHTS ▪ Net revenue1 grew 16% to A$405.0m (FY26 guidance: A$390 to 400m) ▪ Total revenue increased A$69.3m (16%) to A$496.5m ▪ Record sales year with contracted utilisation increasing 495.3MW (202%) to 740.1MW, more than tripling the company’s total sales since inception RECORD SALES YEAR
Slide 7: Financial Results
FY26 FINANCIAL RESULTS NEXTDC © Copyright 2026 | FY26 Results Presentation 7
Slide 8: FY26 Profit and Loss Summary
FY26 PROFIT AND LOSS SUMMARY FY26 FY25 Change 16% 15% A$m A$m A$m % Total revenue 496.5 427.2 69.3 16% Direct costs (91.5) (77.0) (14.5) (19%) 1 2 Net revenue1 405.0 350.2 54.8 16% Net Revenue Underlying EBITDA ▪ Net revenue (+16%): Strong top-line momentum with a further 565MW remaining in the Forw
Slide 9: Revenue and EBITDA both above guidance
REVENUE AND EBITDA BOTH ABOVE GUIDANCE Revenue (A$m) Underlying EBITDA1 (A$m) Total revenue Underlying EBITDA Net revenue 496.5 248.8 427.2 216.7 404.3 204.3 193.7 362.4 169.0 291.0 246.1 134.5 405.0 350.2 307.9 279.4 247.5 203.1 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 1. Refer t
Slide 10: Scale economics: lower rate, longer contracts, higher returns
SCALE ECONOMICS: LOWER RATE, LONGER CONTRACTS, HIGHER RETURNS Annualised revenue per square metre1,2,3 (A$) Annualised revenue per MW 1,2,4 (A$m) Power passthrough revenue Power passthrough revenue Net recurring revenue 13,368 Net recurring revenue 4.9 12,109 12,285 12,109 4.5 4.3 10,374 10,682 4.0
Slide 11: Well capitalised for growth, total assets A$10.2 billion
WELL CAPITALISED FOR GROWTH, TOTAL ASSETS A$10.2 BILLION Balance sheet summary (A$m) Key Items 30 June 26 30 June 25 ▪ Strong balance sheet underpinned by a portfolio of high- quality data centres and strong metrics Cash 876 244 Property, plant and equipment1 5,761 5,284 - Total assets of A$10.2bn I
Slide 12: A$8.7 billion liquidity, 100% of drawn debt hedged
A$8.7 BILLION LIQUIDITY, 100% OF DRAWN DEBT HEDGED Pro forma senior debt1 and subordinated capital (A$m) Facility Type Maturity Limit Drawn Undrawn Facility A Revolving Dec 2029 1,500 400 1,100 A$8.7bn1 Facility B Term Dec 2031 400 400 - Pro forma available liquidity Facility C Revolving Dec 2031 1,
Slide 13: No debt maturities until FY30
NO DEBT MATURITIES UNTIL FY30 Senior debt and subordinated capital maturity profile (A$m)1 Undrawn senior debt ▪ NEXTDC maintains a diversified debt capital Drawn senior debt structure across senior debt, Hybrid Securities and Subordinated notes Subordinated Notes Hybrid securities 2 (first redempti
Slide 14: A disciplined approach to capital
A DISCIPLINED APPROACH TO CAPITAL NEXTDC expanded its capital structure with the inclusion of Hybrid Securities and Subordinated Notes alongside an increase in senior debt facilities to fund its contracted growth. We continue to take a disciplined approach to capital initiatives, with a focus on cap
Slide 15: Business Performance
FY26 BUSINESS PERFORMANCE NEXTDC © Copyright 2026 | FY26 Results Presentation 15
Slide 16: 740MW contracted utilisation, 288MW built
740MW CONTRACTED UTILISATION, 288MW BUILT Built capacity1 vs contracted utilisation2,3,4 Contracted2 vs billing utilisation5 ▪ 257% of built capacity was contracted at 30 June 2026 2,3,4 ▪ Contracted utilisation up 495.3MW (202%) to 740.1MW since 30 June 20252,3,4 ▪ 80MW of new built capacity added
Slide 17: Utilisation by category
UTILISATION BY CATEGORY Contracted MW by customer category1 Interconnection by customer category1,2 3% 2% Cloud & AI 9% Cloud & AI ICT Providers 32% ICT Providers Enterprise & Government Enterprise & Government Ecosystem benefits are increasingly driven by Cloud and AI deployments are showing strong
Slide 18: 537MW in construction, 3GW in plan
537MW IN CONSTRUCTION, 3GW IN PLAN ▪ S3 Sydney: 16MW delivered, with remaining 12MW in progress ▪ S6 Sydney: Remaining 10.8MW of capacity in progress 288MW 80MW 537MW 130MW+ 257% ▪ S4 Sydney: Upgraded to 365MW. 250MW in progress, remaining 115MW in plan ▪ S5 Sydney: Development ready to start subjec
Slide 19: ESG & WHS Highlights
FY26 ESG & WHS HIGHLIGHTS NEXTDC © Copyright 2026 | FY26 Results Presentation 19
Slide 20: ESG Highlights
ESG HIGHLIGHTS ▪ Net Zero: Targeting net zero Scope 1 and 2 greenhouse gas emissions by 2050. ▪ AASB S2 Climate-related Disclosure: Published NEXTDC’s first Sustainability Report under Australian Sustainability Reporting Standard AASB S2. ▪ Uptime Institute Sustainability Assessment Award: S2 Sydney
Slide 21: WHS Highlights
WHS HIGHLIGHTS ▪ Construction Safety: Achieved a LTIFR of 0.3 and TRIFR of 3.5, remaining below industry benchmarks. This reflects on the maturity of NEXTDC’s safety assurance program and strong collaboration with principal contractors, general contractors, WHS advisors, and independent experts. ▪ M
Slide 22: FY27 Guidance
FY27 GUIDANCE NEXTDC © Copyright 2026 | FY26 Results Presentation 22
Slide 23: FY27 guidance: revenue and EBITDA to grow more than 50%
FY27 GUIDANCE: REVENUE AND EBITDA TO GROW MORE THAN 50% ▪ Net revenue in the range of A$615m to A$640m1 (FY26: A$405.0m) ▪ Billing ramp of the 565MW Forward Order Book is accelerating across FY27 to FY30 ▪ 197MW of billing conversion in FY27 to deliver material uplift in revenue and earnings over th
Slide 24: Q&A Full-Year Results
Q&A FULL-YEAR RESULTS NEXTDC © Copyright 2026 | FY26 Results Presentation 24
Slide 25: Appendices
APPENDICES NEXTDC © Copyright 2026 | FY26 Results Presentation 25
Slide 26: Lease and investment property accounting
LEASE AND INVESTMENT PROPERTY ACCOUNTING Scope and reclassification Effect on reported results Other ▪ M3, S4 and M5 ▪ Fair value: transferred assets are no longer ▪ Customers: customer contracts, contracted A$82.1 million ▪ Each site is leased or expected to be leased depreciated. The A$624.4 milli
Slide 27: FY26 effect of the accounting change
FY26 EFFECT OF THE ACCOUNTING CHANGE FY26 Effect of FY26 on FY25 Key Items Change as reported the change FY25 basis reported A$m A$m A$m A$m % Total revenue 496.5 (0.5) 496.0 427.2 16% Direct costs (91.5) - (91.5) (77.0) (19%) Net revenue 405.0 (0.5) 404.5 350.2 16% Facility costs (78.8) - (78.8) (6
Slide 28: Regional data centre platform
TK1 Tokyo TK2 REGIONAL DATA CENTRE PLATFORM Bangkok BK1 Kuala Lumpur KL1 ▪ A rapidly growing portfolio of operational data centres and JB1 development projects across SG1 Australia and the APAC region. Singapore Guam San Jose ▪ Continued expansion reflects NEXTDC’s commitment to meeting the growing
Slide 29: Power and regulatory position
POWER AND REGULATORY POSITION Both NSW and the Commonwealth are proposing reforms around data centre grid connections and energy use ▪ The NSW consultation closes on 14 September 2026. The national framework is recommendations only, with changes phasing in from 2027 ▪ NEXTDC’s operating portfolio an
Slide 30: Development projects
DEVELOPMENT PROJECTS AK1 AUCKLAND GC1 GOLD COAST Total power planned ~15MW 1+ Total power planned ~6MW 1 Initial capacity ~1.7MW Initial capacity ~1MW Status Under review Status Design & Town Planning B2 BRISBANE GE1 GEELONG Total power planned 12MW Total power planned ~4MW Built capacity 6MW built,
Slide 31: Development projects
DEVELOPMENT PROJECTS M2 MELBOURNE M5 MELBOURNE Total power planned ~120MW+ Total power planned ~1.2GW 1 Built capacity 60MW built, 60MW in progress Initial capacity TBD Status Operational Status Design & Town Planning M3 MELBOURNE P1 PERTH Total power planned ~225MW Total power planned ~10MW+ Built
Slide 32: Development projects
DEVELOPMENT PROJECTS S6 SYDNEY S3 SYDNEY Total power planned 13.5MW Total power planned ~80MW Built capacity 2.7MW + 10.8MW in progress Built capacity 68MW built, 12MW in progress Status Operational Status Operational S7 SYDNEY Total power planned ~550MW+1 S4 SYDNEY Initial capacity TBD Total power
Slide 33: Development pipeline
5GW+ 1 DEVELOPMENT PIPELINE • 175MW Billing2 • 565MW Forward Order Book2 • 740MW Contracted2 International: 1GW+ 1 Rest of Australia: Sydney Region: 1.5GW+ 1 1 ~500MW 1. 5GW development pipeline is subject to development approvals, new site acquisitions and partnerships 2. Forward Order Book represe
Slide 34: Underlying EBITDA reconciliation
UNDERLYING EBITDA RECONCILIATION Key Items FY26 FY25 A$m A$m Net profit / (loss) after tax 82.1 (60.5) Add: finance costs 81.7 83.8 Less: interest income (19.9) (33.5) Add/(less): income tax expense (53.6) 1.9 Add: depreciation and amortisation 262.5 208.4 EBITDA1 352.7 200.0 Add: early-stage intern
Slide 35: Case Study
CASE STUDY NEXTDC © Copyright 2026 | FY26 Results Presentation 35
Slide 36: Case study: Victoria
CASE STUDY: VICTORIA 350 Contracted utilisation1 ▪ Record sales in Victoria with more than 230MW of new contracts won Billing utilisation ▪ 264MW remaining in the forward order book, expected to drive billing 300 Built capacity utilisation up more than 400% by FY28 ▪ Additional earnings growth to co
Slide 37: Important Disclaimer
IMPORTANT DISCLAIMER DISCLAIMER This presentation has been prepared by NEXTDC Limited (ACN 143 582 521) (‘NEXTDC’) and makes statements about it as well as its subsidiaries (together the ‘NEXTDC Group’). To the maximum extent permitted by law, no member of NEXTDC Group, or any of its officers, emplo
Slide 38: NEXTDC Investor Relations
NEXTDC INVESTOR RELATIONS investorrelations@nextdc.com 13 63 98 linkedin.com/company/nextdc X.com/nextdc facebook.com/datacentres youtube.com/user/nextdatacentre www.nextdc.com/blog NEXTDC © Copyright 2026 | FY26 Results Presentation 38
Slide 39: Powering the Intelligence Economy
Powering the Intelligence Economy