Key Highlights

  • Annualised Contract Value increased 13.9% to $260.0 million, with Nuix Neo ACV up 179% to $78.5 million across 135 customers
  • Revenue rose 18.8% to $263.2 million, while Adjusted Management EBITDA increased 60.4% to $59.8 million
  • Statutory NPAT turned positive at $16.4 million, compared with a loss of $9.2 million in FY25
  • Underlying Cash Flow increased 154% to $51.0 million, lifting net cash to $49.9 million

Nuix Limited (ASX:NXL), the investigative analytics and intelligence software provider, announced its results for the financial year ended 30 June 2026 on 24 August 2026, reporting growth across annualised contract value, Revenue and earnings, led by continued expansion of its Nuix Neo platform.

Contract Value and Retention

Total Annualised Contract Value (ACV) increased 13.9% to $260.0 million, within the company's previously guided range. Excluding the Linkurious acquisition, organic ACV grew 8.6%, or 11.1% in constant currency. Nuix Neo was the primary contributor, with ACV up 179% to $78.5 million across 135 customers, driven by migration activity, new customer Acquisition and upsell to existing customers. Nuix Neo's share of total ACV rose to 30%, more than double the level of twelve months earlier. Net dollar retention improved to 105.2% at year end from 101.0% at the half-year mark, while churn of 6.6% improved on the prior year, although it was higher than the figure recorded at the half-year result.

Revenue and Profitability

Revenue increased 18.8% to $263.2 million from $221.5 million in FY25. Excluding Linkurious, revenue rose 17.1%, or 20.3% in constant currency, with multi-year deals rising to 35% of revenue from 27% in the prior year. Adjusted Management EBITDA increased 60.4% to $59.8 million, or 55.1% excluding Linkurious, with Margin expanding to 22.7% from 16.8%. Statutory EBITDA rose 40.5% to $66.9 million, while statutory NPAT was $16.4 million, compared with a loss of $9.2 million in FY25.

Cash Generation

Underlying cash flow increased 154% to $51.0 million, which the company said met its strategic objective of achieving positive underlying cash flow for the full year. Overall free cash flow rose to $37.4 million from $4.0 million in the prior year. The closing net cash position was $49.9 million, up 24.8% on FY25, following the completion of the Linkurious acquisition.

Linkurious Acquisition and Strategic Repositioning

The acquisition of Linkurious was completed on 20 April 2026, with integration reported as progressing to plan and early cross-sell activity underway. During the year, Nuix also restructured its go-to-market function into two regional sales teams, appointed a Chief Customer Officer, and unified its product and technology teams under its Chief Technology Officer, ahead of a one-off $15 million Research and Development Investment planned for FY27.

Legal Matters

The Federal Court dismissed all of ASIC's claims against the company and the individual directors who held office between 18 January 2021 and 21 April 2021. ASIC has appealed the decision as it concerns the company, though the dismissal of claims against the individual directors is final and not subject to appeal.

Outlook

Nuix guided to FY27 ACV of between $285 million and $300 million, with Adjusted Management EBITDA expected to be similar to FY26 as the one-off research and development investment offsets further operating leverage. The company said growth would remain weighted to the second half, consistent with prior years, and guidance assumes an AUD/USD Exchange Rate of 0.70.

Conclusion

Nuix's FY26 results reflect a period of Earnings expansion driven substantially by the growth of its Nuix Neo platform, alongside a return to statutory profitability and a considerable improvement in cash generation. With a restructured go-to-market model, the Linkurious integration underway, and a one-off investment planned for FY27, the company's near-term results are likely to be shaped by the pace of the Nuix Neo migration program and the ongoing ASIC appeal.