Macquarie Technology Group Delivers Revenue Growth and Expands Data Centre Capacity

Macquarie Telecom Group Limited ( (AU:MAQ) ) has issued an announcement.

Macquarie Technology Group reported first-half 2026 revenue of $193.4 million, up 5% year on year, with EBITDA rising 3% to $57.9 million, marking its 22nd consecutive half of EBITDA growth. However, earnings per share and net profit after tax each fell 9%, to 63.4 cents and $16.3 million respectively, even as operating cash flow reached $42.2 million and cash conversion remained strong at 109%.

The group highlighted the resilience of its business model, with 95% of revenue coming from contracted monthly recurring revenue and a strong balance sheet that includes $393 million of undrawn debt capacity. Macquarie is actively progressing a data centre expansion pipeline, keeping construction of its IC3 SuperWest facility on time and on budget, and has secured an additional $50 million debt facility to accelerate capacity delivery beyond the initial 6MW phase, underscoring its growth ambitions in the data centre market.

The most recent analyst rating on (AU:MAQ) stock is a Buy with a A$90.00 price target. To see the full list of analyst forecasts on Macquarie Telecom Group Limited stock, see the AU:MAQ Stock Forecast page.

More about Macquarie Telecom Group Limited

Macquarie Technology Group Limited operates in the technology and telecom infrastructure sector, with a strong focus on data centres and managed services. The company generates the majority of its revenue from contracted monthly recurring services, positioning it as a provider of stable, long-term infrastructure solutions for corporate and government customers while actively expanding its data centre capacity.

Average Trading Volume: 38,000

Technical Sentiment Signal: Sell

Current Market Cap: A$1.63B

For an in-depth examination of MAQ stock, go to TipRanks’ Overview page.