Nuix (ASX:NXL) announced its financial results for the half-year ended Dec. 31, 2025, headlined by gains in annual contract value and a successful shift toward its modern platform.
The investigative analytics and intelligence software provider reported a total annualised contract value of $234.4 million, representing an 8.4% increase compared to the previous corresponding period and a 2.6% rise since June 2025.
A primary driver of this growth is the Nuix Neo platform, which saw its ACV rise to $46.8 million—a staggering 148% increase year-over-year.
Nuix Neo now accounts for 20% of the company's total ACV.
The momentum is supported by the launch of the Nuix Neo Migration Program, designed to systematically transition the existing customer base to the modern platform.
Additionally, the company is leveraging AI by integrating Large Language Models with its forensic data analysis capabilities to maintain a structural competitive advantage.
Nuix reported revenue of $121.2 million, up 15.2%, which translated into an Adjusted Management EBITDA of $19.1 million.
The 42.6% increase in EBITDA demonstrates significant operating leverage.
The company also achieved positive underlying and overall cash flow, ending the period with a cash balance of $57.8 million.
Looking ahead, Nuix has maintained its full-year ACV guidance range of $240 million to $260 million, excluding ACV associated with the Linkurious acquisition.