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Data#3 Limited. ( (AU:DTL) ) has shared an announcement.
Data#3 Limited reported first-half FY26 gross sales up 9.2% to $1.5 billion and statutory revenue up 8.1% to $423.1 million, outpacing the broader Australian IT market. Net profit after tax rose 3.7% to $23.2 million, with earnings per share up 3.6% and the interim fully franked dividend lifted 3.1% to 13.50 cents, supported by a strong balance sheet with no borrowings.
The result was driven by record software gross sales of $1.1 billion, strong demand for security and cloud subscriptions, and nearly 18% growth in infrastructure solutions, including more than 30% growth in end-user devices and robust data centre sales. While managed services benefited from major contract renewals and wins, project services and recruitment lagged in tougher conditions, and management highlighted AI and Windows 11 refresh-driven infrastructure demand as key tailwinds for continued growth in FY26.
The most recent analyst rating on (AU:DTL) stock is a Buy with a A$11.00 price target. To see the full list of analyst forecasts on Data#3 Limited. stock, see the AU:DTL Stock Forecast page.
More about Data#3 Limited.
Data#3 Limited is an Australian business technology solutions provider listed on the ASX, specialising in infrastructure, software and services for enterprise and government customers. Its offerings span managed services, project services, cloud and security solutions, as well as end‑user devices and data centre technologies, positioning the company as a key player in the domestic IT market.
Average Trading Volume: 290,370
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.43B
Find detailed analytics on DTL stock on TipRanks’ Stock Analysis page.