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Megaport Locks In $254M AI Infrastructure Contracts With $140M Capex Plan
7:33pm on Thursday 14th of May, 2026 AEST
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Megaport Locks In $254M AI Infrastructure Contracts With $140M Capex Plan
7:33pm on Thursday 14th of May, 2026 AEST
Key Points
Three fixed-term contracts total USD 182.9M (AUD 254.0M)
Annual recurring revenue of USD 65.2M (AUD 90.6M) expected
USD 101M (AUD 140.3M) capex primarily on NVIDIA hardware
Contracts span 24 to 36 months with strong payback
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