DigiCo Infrastructure REIT sees revenue rise 12% in H1 FY26

DigiCo Infrastructure REIT (DGT), an ASX-listed owner, operator and developer of data centres, has released its 1H FY26 results, reporting underlying revenue of $108 million (up 12% on the prior corresponding period) and underlying EBITDA of $57 million (up 15% on the prior corresponding period).

The company now possesses $658 million of available liquidity across cash and undrawn debt lines, providing "sufficient capacity to fund near term growth priorities".

An organisational redesign and cost-out is expected to deliver operating expense savings of ~$5 million per annum, with DGT claiming that its operating model is set to support growth "without proportional cost increases".

On the operational and development front, DGT reported that 22MW contract wins in H1 FY26 across the Australian business, including 2MW in QLD, resulted in 95% growth from June 2025.

The company now has 85MW Contracted IT Capacity, representing a 31% growth across the group from June 2025.

Among its local data centres, DGT reported that the SYD1 acceleration is on track with the 20MW expansion works project targeting final commissioning and handover in Q2 CY2026; BNE2 us fully contracted with incremental expansion underway to support recent 2MW QLD wins; ADL1's potential expansion has increased to 15MW, subject to a cornerstone customer.

SYD1's existing capacity is now  100% contracted, with DGT stating that "broad-based demand has materially exceeded IPO expectations and validated the asset’s strategic value".

The company highlighted engagement with potential Australian capital partners progressing in the lead up to appointing a head contractor on the SYD1 88MW project and that it will opportunistically look to partner and recycle capital from US assets into higher returning projects. 

DigiCo also reaffirmed its FY26 guidance of underlying EBITDA of $125 million, at the top end of previous guidance of $120 – $125 million despite foreign currency headwinds; a July 2026 run-rate EBITDA of $180 million maintained despite foreign currency headwinds; and growth capex expected to be $160 – $180 million, primarily driven by accelerated SYD1 expansion.

Michael Juniper, CEO of DGT, said the company enters the second half of FY26 with strong momentum and a clear path to unlocking long term value.

"In the past six months, we have demonstrated the strength of our underlying platform, secured substantial new capacity, executed meaningful steps to simplify our operating model and materially accelerated our capacity expansion at SYD1," he said.

"Every action we’re taking is about closing the gap between DGT’s NAV and security price to ensure our market valuation reflects the underlying value of our assets and growing earnings base. We are focused on delivering sustainable, high quality growth for our investors."

In its FY25 results, DGT revealed an annualised underlying EBITDA of $99 million, ahead of Prospectus and PDS guidance.