Dicker Data reports positive FY26 figures through first four months

Dicker Data has reported that its unaudited gross revenue through the first four months of FY26 (YTD-26) grew to $1.2 billion, up 13.4% when compared to this time last year.

The company attributed that growth to elevated end-point, software and data centre refresh demand.

Total operating costs as a percentage of gross revenue remained in line with the prior year at 5.1%.

Unaudited net operating profit before tax for YTD-26 also saw a large increase, up 45.5% when compared to YTD-25, driven by margin improvement on the sale of existing inventory during the period.

That result was further supported by the company’s "disciplined approach" to the enterprise segment during the period, Dicker Data stated.

The company's FY25 results saw Dicker Data report gross revenue of $3.9 billion, up 14.9% on FY24, driven by growth across all key segments.

AI-related revenue up over $20m

While the company's YTD FY26 AI-related revenue exceeds $20 million, with the run rate anticipated to accelerate through balance of FY26 - combined with what Dicker Data claims is "evident" appetite for AI solutions in the ANZ region - it says its ecosystem needs "guidance and support to make the promise of AI a reality".

Last year, the company launched an AI Accelerate practice aimed at increasing the accessibility of AI solutions by Australian and New Zealand partners, as well as teaming up with Dell Technologies to deploy an AI proof of concept facility, hosted in Equinix's Sydney datacentre,.

The company's Cisco AI Pod is also expected to be online in 1H26.

Announced last year, the partnership sees Cisco offering Australian channel partners the opportunity to leverage and trial AI use cases and build out capabilities for AI deployment and driving AI infrastructure adoption with AI PODs.

Supply chain constraints and demand impacts on horizon

In its FY26 outlook, Dicker Data said its full FY26 results are set to reflect "strong YTD momentum", driven by software, data centre refresh and end-point solutions, with growth in end-point solutions expected to moderate through the balance of the year.

The company's May and June performance is anticipated to remain "strong", the company stated, in the lead up to what it described as a "traditionally robust" Australian end of financial year period.

Beyond H1, Dicker Data said that demand for data centre refresh, software and AI-related projects is expected to continue driving strong growth in H2.

AI-related revenues are also anticipated to accelerate in H2, reflecting typically lower-margin business, with data centre refresh also expected to build during this period.

The company did state, however, that in relation to component and supply chain constraints, the impact of changes to vendor pricing strategies are expected to flow through in H2, resulting in higher inventory replenishment costs.

Demand impacts from higher prices will also eventuate in the H2 period, Dicker Data predicted, but although these are likely to result in reduced unit demand, "absolute revenue demand expectation remains strong".