Highlights

  • Annual contract value rose 13.9% to A$260.0 million in FY26, including A$12.0 million from Linkurious.
  • Nuix Neo ACV climbed 179% to A$78.5 million, with customers increasing to 135 from 75.
  • Statutory net profit after tax reached A$16.4 million, reversing a A$9.2 million loss in FY25.
  • Free Cash Flow surged to A$37.4 million, and net cash stood at A$49.9 million at year end.

Nuix Ltd (ASX:NXL) is heading into its 19 November 2026 Annual General Meeting with its Nuix Neo platform now driving growth. The investigative analytics and intelligence software provider reported FY26 Revenue of A$263.2 million, up 18.8%, for the year to 30 June 2026, and has guided FY27 annual contract value (ACV) of A$285 million to A$300 million, up from A$260.0 million.

Nuix Neo Becomes the Growth Engine

Nuix Neo ACV reached A$78.5 million, representing 30% of total ACV, as the customer count rose from 75 to 135. Customers migrating from component products typically lift their ACV by 30% to 50%, and about 60% of Nuix Neo customers have bought the AI-enriched solutions library.

The product roadmap includes a Nuix Neo SaaS foundation, bring-your-own AI capability, semantic search and next-generation agent and MCP server tools, some of which remain planned rather than released.

Excluding Linkurious, which Nuix acquired in April 2026, ACV grew 8.6% to A$248.0 million. Subscription contracts made up 97% of ACV, net dollar retention was 105.2% and customer churn eased to 6.6%. North America contributed A$141.3 million of ACV, EMEA A$71.0 million and Asia Pacific A$47.8 million. Multi-year deals accounted for 35% of revenue, up from 27%.

Profitability and Cash Flow Strengthen

Adjusted management EBITDA rose 60.4% to A$59.8 million, lifting the Margin to 22.7%, while underlying EBITDA climbed 38.8% to A$83.2 million. Gross margin held at 89.7%, and Research and Development spending rose 5.4% to A$57.8 million. Statutory EBITDA rose 40.5% to A$66.9 million, and a favourable tax ruling contributed a A$2.9 million tax benefit.

Underlying cash flow increased 154% to A$51.0 million and free cash flow reached A$37.4 million. Linkurious added A$3.8 million of revenue in the 72 days after completion. Cash and equivalents totalled A$69.9 million, against A$20.1 million of Debt drawn to fund Linkurious. Net non-operational legal costs were A$13.0 million in the profit and loss statement.

Legal Matters and Organisational Changes

The Federal Court dismissed all of ASIC's claims against the company and its then individual directors. ASIC has appealed only the claims against the company, and that appeal is pending. Separately, a restructure announced in July 2026 created a unified product and technology function and two regional sales teams, with about A$4.5 million of associated costs expected in FY27.

FY27 Guidance and the Path to FY30

Under Chief Executive John Ruthven, Nuix expects FY27 adjusted management EBITDA to be similar to FY26, with growth weighted to the second half. The guidance assumes an AUD/USD rate of 0.70. A one-off A$15 million R&D Accelerator in FY27 is intended to generate additional revenue from FY28, and the Nuix Neo migration programme runs to FY30, with the platform expected to become the majority of ACV in the medium term.

Shares were priced at A$1.815 on 2 November 2026, up 1.68% on the day, with a Market Capitalisation of A$623.53 million.