Megaport (ASX:MP1) has signaled a dominant start to the 2026 fiscal year, reporting record-breaking financial performance for the half-year ended Dec. 31, 2025.
The technology giant's aggressive expansion strategy is paying off, headlined by the strategic acquisitions of Latitude.sh and Extreme IX.
The moves have not only broadened Megaport's total addressable market but have accelerated its footprint in high-growth sectors like GPU-as-a-Service and the emerging Indian tech corridor.
Group annual recurring revenue jumped 49% year-over-year to $338 million.
Even when stripping away the impact of new acquisitions, the underlying business remains robust; constant currency ARR grew by 19%, while net revenue retention climbed 111%.
Perhaps most significant for long-term investors is the surge in customer lifetime value, which spiked 57% to $2.5 billion, driven by an extension in average customer lifetime from 10 to 13 years.
Megaport reported total revenue of $134.9 million—a 26% increase over H1 FY25—and delivered a solid EBITDA of $35.3 million.
On the back of this momentum, management has raised the lower end of its revenue guidance for the Megaport Network.