NextDC Posts Profit Beat Amid Rising Resource Use

Australian data centre developer NextDC reported increased water and energy consumption as annual profit beat analyst forecasts. The firm swung to a profit of A$82.1 million, driven by strong computing demand and portfolio growth.

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The NextDC S6 data centre stands in Sydney, Australia, June 22, 2026. REUTERS/Hollie Adams

NEXTDC LTD posted an annual profit beat on Friday as computing demand drove revenue up 16%, even as the Australia-based data centre developer reported rising water and energy consumption.

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