Highlights

  • Megaport reported annual Recurring Revenue exceeding AUD 395.2 mn at 30 June 2026.
  • The company counted more than 37,000 network services across ports, cloud connections, routers and exchanges.
  • Its global network reached more than 1,200 enabled data centres and supported over 4,000 customers.
  • Megaport scheduled its 2026 Annual General Meeting for 20 November, following its August FY26 investor presentation.

More customers and connections are enlarging the recurring-revenue foundation at Megaport Limited (ASX:MP1). By the end of June 2026, the cloud networking provider recorded annual recurring revenue above AUD 395.2 mn and more than 37,000 services. Its company-wide network footprint surpassed 1,200 enabled data centres, putting connectivity scale and recurring customer relationships at the centre of the latest disclosed performance.

A Larger Recurring Revenue Base

Megaport calculates annual recurring revenue by multiplying the monthly recurring revenue for the last month of the period by 12. The calculation excludes non-recurring and one-off revenue, so it is not the same thing as reported annual statutory revenue. At 30 June 2026, the ARR figure exceeded AUD 395.2 mn. This measure captures the recurring run rate generated by services already in place at the reporting date. The company presented these figures alongside its FY26 full-year investor materials issued in August, rather than as results newly announced on 12 November.

Services Span Multiple Network Products

The reported service count exceeded 37,000 at the end of FY26. Megaport’s definition includes ports, virtual cross connects, Megaport Cloud Router, Megaport Virtual Edge and internet exchange services. Those services allow customers to connect networks and cloud environments using software-defined infrastructure. A service count represents active connections and related products, rather than the number of separate customers. The company reported more than 4,000 customers, providing a separate measure of how widely its platform was being used at year-end.

Data Centre Footprint Sets Geographic Reach

More than 1,200 enabled data centres formed part of Megaport’s global network footprint. Enabled locations give users potential points from which to access its networking services, while contracts and installed services measure actual demand. The distinction is meaningful when evaluating network growth: adding a location can extend the addressable footprint, but does not itself amount to new recurring revenue. The company’s Business model centres on software-defined interconnection, allowing customers to provision network connectivity without relying solely on fixed, long-duration circuits.

The Next Reporting Checkpoints

Megaport announced that its annual general meeting would take place on 20 November 2026. The company’s financial calendar listed its FY27 half-year report for 18 February 2027 and Annual Report for 19 August 2027, with dates subject to change. These events will provide further opportunities to evaluate the development of services, customers, network coverage and recurring revenue. Until the next financial disclosure, the June figures remain the specific measurement period for the reported operating milestones.

Megaport shares ended 12 November 2026 at AUD 18.74, down 2.70%, after trading between AUD 18.65 and AUD 19.84.