What caused the recent surge in contracted utilisation for NEXTDC (ASX:NXT)?

NEXTDC (ASX:NXT) increased its pro forma contracted utilisation by 73 megawatts following new customer contract wins. This brought total contracted capacity to 740 megawatts, representing an 11% expansion since April 20.

What is the status of the forward order book for NEXTDC (ASX:NXT)?

NEXTDC (ASX:NXT) reported that its pro-forma forward order book reached 565 megawatts as a result of these customer commitments. The company expects this capacity to progressively convert into billings, revenue, and EBITDA from FY26 to FY30.

How does this announcement affect the full-year financial guidance for NEXTDC (ASX:NXT)?

NEXTDC (ASX:NXT) confirmed that its full-year guidance for net revenue, underlying EBITDA, and capital expenditure remains unchanged despite the new contract wins.

How is NEXTDC (ASX:NXT) funding its facility expansions to support growth?

NEXTDC (ASX:NXT) upsized its senior debt facilities to $2.3 billion to fund ongoing facility expansion. The capital will support technology infrastructure developments across key markets for cloud computing and artificial intelligence workloads.

How did the stock market respond to the update from NEXTDC (ASX:NXT)?

Following the operational announcement, the NEXTDC (ASX:NXT) share price traded down to $14.58.

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NEXTDC increases contracted utilisation to 740MW

Written by Brie CarterPublished Jul 21, 2026, 2:13 AM

NEXTDC increased its pro forma contracted utilisation by 73 megawatts following new customer contract wins.
The company's pro-forma forward order book reached 565 megawatts while full-year financial guidance remained unchanged.
Customer capacity commitments are expected to progressively convert into billings, revenue, and EBITDA through fiscal year 2030.

NEXTDC (ASX:NXT) increased its pro forma contracted utilisation by 73 megawatts to 740 megawatts following new customer contract wins.

The 11% growth expands upon the previous operational update released by the company on 20 April 2026.

As a result of the contracts, NEXTDC reported that its pro-forma forward order book reached 565 megawatts.

The company stated that this order book is expected to convert into revenue and EBITDA from FY26 to FY30.

Following the announcement, the NEXTDC share price was down at $14.58.

The digital infrastructure provider recently upsized its senior debt facilities to $2.3 billion to fund ongoing facility expansion.

NEXTDC increases contracted utilisation to 740MW

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