Megaport posts record half-year, accelerates push into compute and AI with acquisitions

The latest announcement is out from Megaport ( (AU:MP1) ).

Megaport reported record half-year results to 31 December 2025, with group annual recurring revenue rising 49% year-on-year to $338 million and revenue up 26% to $134.9 million, including contributions from two recent acquisitions. The company delivered EBITDA of $35.3 million, raised $218.2 million in new capital, and reported an underlying net loss of $3.3 million once acquisition costs were excluded.

Excluding acquisitions, Megaport’s core network business posted 19% annual recurring revenue growth in constant currency to $263.4 million, net revenue retention improved to 111%, customer lifetime extended to 13 years, and customer lifetime value rose 57% to $2.5 billion. Management highlighted particularly strong momentum in the Americas and growing demand for higher bandwidth, complex global routes, and longer-term contracts, underscoring Megaport’s increasing strategic role in customers’ infrastructure as it moves deeper into compute and AI markets via the Latitude.sh and Extreme IX deals.

The acquisition of Latitude.sh added USD $45 million of annual recurring revenue and marks a significant push into global compute and GPU-as-a-service, creating a combined software platform where automated networks and compute converge to support cloud, AI, and data centre workloads. The Extreme IX acquisition accelerates Megaport’s entry into India, expanding its addressable market and reinforcing its strategy to integrate network, compute, and AI capabilities on a single global platform.

The most recent analyst rating on (AU:MP1) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Megaport stock, see the AU:MP1 Stock Forecast page.

More about Megaport

Megaport Limited is an Australian-based connectivity and cloud infrastructure company that operates a global Network-as-a-Service platform, providing on-demand, software-defined connectivity between data centres, cloud providers, and enterprise networks. Through its core Megaport Network business and the recently acquired Latitude.sh compute platform and Extreme IX in India, the company is expanding into adjacent markets spanning network, compute, GPU-as-a-service, and AI-focused infrastructure solutions.

Average Trading Volume: 793,437

Technical Sentiment Signal: Hold

Current Market Cap: A$1.94B

For detailed information about MP1 stock, go to TipRanks’ Stock Analysis page.