Baidam posts 61% revenue growth in CEO Beau Hodge's first year

Indigenous-owned cybersecurity provider Baidam has reported a 61% increase in revenue and a 38% increase in gross profit for FY26, closing out chief executive Beau Hodge's first full year with what the company describes as record growth.

The results reflect a strategic reset Hodge has pursued since taking the helm - repositioning Baidam as a managed and professional services provider rather than primarily a First Nations procurement channel.

"We've accelerated our growth, transformed the business, earned greater trust with our customers, and proved that purpose and performance go together," Hodge said.

"We've also laid the foundation for what comes next."

Baidam's managed services expansion has centred on offensive security and identity practices, underpinned by its bi-coastal Security Operations Centre - home to what the company says is Australia's first Indigenous-operated SOC.

The company added 17 staff nationally over the past six months and is currently recruiting for a further six to seven roles. It has a growing presence in Western Australia, Victoria and the ACT.

Anita Sheridan-Roddick has been appointed chief revenue officer, with a new sales leadership structure put in place alongside the hire.

On the vendor side, Baidam has rationalised its partner ecosystem from a broad set of relationships to a tighter core group.

"We applied the 80-20 rule," Hodge said.

"We now have around seven or eight core vendors where the tech is great, the relationships are strong, and they believe in what we do."

Hodge flagged AI and data sovereignty as a strategic priority on the horizon, particularly given Baidam's First Nations identity.

"The AI cyber sovereign piece is really compelling - especially for a First Nations company. National conversations are happening about who controls data and who controls infrastructure. For us, that intersects with something we've always cared deeply about," he said.

The company's reported social impact now includes more than $4.4 million in social and economic value returned to Indigenous Peoples, six lifetime university scholarships, and more than 25 industry certifications achieved by Indigenous cybersecurity professionals.

Baidam has also built partnerships with Deadly Coders, TriMob and AEMEE (Aboriginal Enterprises in Mining, Energy and Exploration).

Baidam placed second in the techpartner.news Fast 50, as well as being one of the 2026 Fast50 companies; it also had two executives win Highly Commended awards in the 2026 techpartner.news Impact Awards.