Why did Dicker Data (ASX:DDR) shares jump today?

Dicker Data shares climbed as much as 8.2% to $9.64 after releasing a strong Q1 trading update at its Annual General Meeting. Investors responded positively to significant year-on-year growth across all key profit metrics and robust revenue momentum.

What were the key financial numbers in Dicker Data’s Q1 FY26 update?

For the first four months ending 30 April 2026, Dicker Data reported a 13.4% increase in unaudited gross operating revenue to $1.2 billion. Operational efficiency drove gross profit up 19.3% to $120 million, EBITDA up 32% to $58.2 million, and net profit before tax up 45.5% to $47.3 million.

What is driving Dicker Data’s recent revenue growth?

The revenue jump to $1.2 billion was primarily fueled by strong demand and momentum within the company’s software and data centre refresh business segments. These high-value portfolios offset softer areas of the business during the first quarter.

When is the next Dicker Data (ASX:DDR) dividend payment?

Dicker Data declared a first interim FY26 dividend of 11.5 cents per share. The dividend is scheduled to be paid to eligible shareholders on 2 June 2026.

What are management's expectations for the rest of H1 FY26?

Management anticipates a strong finish to the first half of the financial year, supported by the traditional May and June pre-End of Financial Year (EOFYS) buying rush. However, they explicitly note that growth in endpoint solutions is expected to moderate over the coming months.

What role does artificial intelligence play in Dicker Data’s growth strategy?

AI infrastructure is becoming a core structural tailwind for the business as corporate adoption accelerates across Australia and New Zealand. Management expects AI-related revenue to accelerate sharply in the second half of FY26, forecasting it to exceed $20 million.

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Dicker Data shares surge on robust profit growth

Written by Brie CarterPublished May. 27 2026Last Updated May. 27 2026

Dicker Data (ASX:DDR) shares rose 8.2% to $9.64 in early afternoon trading following a first-quarter trading update.

The Australian IT distributor reported a 13.4% year-on-year jump in unaudited gross operating revenue to $1.2 billion for the quarter, fueled by momentum across its software and data centre refresh portfolios.

Financial performance across the first four months to April 30 underscored the operational efficiency: group gross operating profit climbed 19.3% to $120 million, EBITDA rose 32% to $58.2 million, and net profit before tax skyrocketed 45.5% to $47.3 million.

The company declared a first interim FY26 dividend of 11.5 cents per share, scheduled for payment on June 2.

While management expects endpoint solutions growth to moderate over the coming months, the company anticipates a highly robust finish to the first half of the financial year, driven by the traditional May and June pre-EOFYS buying rush.

AI-related revenue is projected to accelerate sharply in the second half of the year to exceed $20 million, providing a strong structural tailwind.

However, Dicker Data noted that it is actively managing higher inventory replenishment costs arising from ongoing global supply chain constraints.

Despite the headwinds, the distributor remains strongly positioned to deliver sustained year-on-year profit growth as advanced technology and sovereign AI infrastructure adoption accelerate across Australia and New Zealand.

At the time of reporting, Dicker Data’s share price was $9.70.