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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Macquarie Technology Group
Macquarie Technology Group (MAQ) investor relations material
Macquarie Technology Group H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary25 Aug, 2026
Executive summary
Revenue grew 6% year-over-year to $390.0m in FY26, with EBITDA up 2% to $115.9m and EPS down 8% to 124.6 cents per share.
Twelve consecutive years of EBITDA growth, with FY26 results in line with guidance and a 3-year EBITDA CAGR of 4.0%.
95% of revenue is from contracted monthly recurring revenue, supporting stability.
Major investments in digital infrastructure, including IC3 SuperWest and the Macquarie Engineering & Technology Campus (METC), with a new 34,200sqm site acquisition for $240m.
Secured $200m investment from the National Reconstruction Fund Corporation, enhancing balance sheet flexibility and supporting technological innovation.
Financial highlights
FY26 revenue: $390.0m (+5.5% vs FY25); EBITDA: $115.9m (+2.0%); NPAT: $32.1m (-8.0%).
Operating cash flow: $94.6m; cash conversion rate: 108%.
Capital expenditure totaled $230.5m, with $193.3m growth capex.
Strong balance sheet with $4.9m cash, $496.5m undrawn debt, and $100m hybrid securities available.
95% of revenue derived from contracted monthly recurring revenue.
Outlook and guidance
Modest EBITDA growth expected in FY27, with IC3 SuperWest Phase 1 revenue commencing in 2H FY27.
FY27 is a year of strategic investment, focusing on cloud, AI, cyber security, and telecom solutions.
IC3 SuperWest Phase 1 (6MW) to be delivered by September 2026; Phase 2 (13MW) by June 2027.
Group capex for FY27 expected between $485m and $506m, with significant investments in data centres and technology campus.
Telecom EBITDA expected to decline by $2m–$3m in FY27, with margins in mid to high teens.
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Latest events from Macquarie Technology Group
- Revenue and EBITDA grew, but net profit declined as data centre investment accelerated.MAQ
H1 2026 - Sustained EBITDA growth and major data centre and AI investments drive strong FY25 results.MAQH2 2025
- Record EBITDA growth and major data centre expansion drive strong outlook for FY25.MAQAGM 2024
- Tenth year of EBITDA growth, driven by data centre expansion and AI demand.MAQH2 2024
- EBITDA and net profit rose on recurring revenue and data centre growth, with strong FY25 outlook.MAQH1 2025
Next Macquarie Technology Group earnings date
H1 202725 Feb, 2027
Macquarie Technology Group
Next Macquarie Technology Group earnings date
H1 202725 Feb, 2027
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Frequently asked questions
Macquarie Technology Group Limited, formerly known as Macquarie Telecom Group Limited, is an Australian company specializing in a range of digital infrastructure services. The company's core offerings encompass data center, cloud computing, cybersecurity, and telecommunications services targeted at corporate and government clients within Australia. Its operational segments are divided into Telecom, Cloud Services and Government, and Data Centres. The Telecom segment provides voice and mobile telecommunications services, while the Cloud Services and Government segment focuses on delivering secure cloud and cybersecurity solutions to government customers. The Data Centres segment offers colocation, connectivity, and engineering services, catering to a wide range of IT needs from single racks to multi-megawatt hyperscale requirements. The company is headquartered in Sydney, Australia, and its shares are listed on the Australian Stock Exchange.