Key Highlights
- Nuix Limited (ASX:NXL) reported FY26 Revenue of $263.2 million, up 18.8% year-on-year, with shares trading at $1.765, down 1.94%, during the Trading session on 17 September 2026.
- Nuix Neo Annualised Contract Value grew 179% to $78.5 million across 135 customers, lifting its share of total ACV to 30% from around 15% a year earlier.
- Adjusted Management EBITDA rose 60.4% to $59.8 million, with Margin expanding to 22.7% from 16.8%, while Statutory NPAT turned to a $16.4 million profit from a $9.2 million loss.
- Underlying Cash Flow increased 154% to $51.0 million, meeting the company’s strategic objective of being underlying cash flow positive for the full year.
Nuix Limited (ASX:NXL) shares traded at $1.765, down 1.94%, during the trading session on 17 September 2026. The investigative analytics and intelligence software company recently announced its results for the year ended 30 June 2026, reporting growth across Annualised Contract Value, revenue and profitability, driven substantially by momentum in its Nuix Neo platform.
FY26 Financial Results
Total Annualised Contract Value increased 13.9% to $260.0 million, within the company’s previously guided range. Excluding the Linkurious acquisition, organic ACV grew 8.6%, or 11.1% in constant currency. Nuix Neo was the primary growth engine, with ACV increasing 179% to $78.5 million across 135 customers, driven by migration, new customer Acquisition and upsell to existing Nuix Neo customers, lifting its share of total ACV to 30%, more than double the proportion twelve months earlier.
Revenue increased 18.8% to $263.2 million, reflecting broad-based expansion through both existing customer growth and new customer wins. Excluding Linkurious, revenue rose 17.1%, or 20.3% in constant currency. Growth in multi-year deal wins contributed to the result, with multi-year deals rising to 35% of revenue from 27% in the prior corresponding period. Net Dollar Retention increased to 105.2% at year end, up from 101.0% at the half, while churn improved on the prior year to 6.6%, though it was higher than the figure recorded at the half-year result.
Adjusted Management EBITDA rose 60.4% to $59.8 million, up 55.1% excluding Linkurious, with margin expanding to 22.7% from 16.8% in the prior corresponding period, which the company said met its FY26 strategic objective to grow revenue faster than operating costs. Statutory EBITDA rose 40.5% to $66.9 million, while Statutory NPAT was $16.4 million, compared with a loss of $9.2 million in the prior year.
Cash Generation
Nuix reported a substantial lift in cash flow during the year. Underlying Cash Flow increased 154% to $51.0 million, in line with the company’s strategic objective to be underlying cash flow positive for the full year. Overall Free Cash Flow rose to $37.4 million, up from $4.0 million in the prior corresponding period. The closing net cash position was $49.9 million, up 24.8% on the prior year, following the Linkurious financial close.
Linkurious Acquisition and Strategic Positioning
The acquisition of Linkurious was completed on 20 April 2026, with integration progressing to plan. The company said the strategic rationale remains clear: Nuix Neo processes large volumes of complex, unstructured data, while Linkurious visualises the connections within it, together providing a complete workflow from raw data to visual intelligence, with early commercial wins already secured across the combined customer base.
The company also disclosed that the Federal Court dismissed all of ASIC’s claims against the company and the then individual Directors who held office during the period 18 January 2021 to 21 April 2021. ASIC has appealed the decision, but only insofar as it concerns the company; the dismissal of claims against the individual Directors is final and not subject to appeal.
Key Takeaways
Nuix delivered growth across Annualised Contract Value, revenue and profitability for FY26, with the Nuix Neo platform driving the majority of the expansion and now representing 30% of total contract value. The shift to a $16.4 million statutory net profit from a prior-year loss, combined with a substantial increase in underlying cash flow, reflects a Business converting platform migration momentum into improved financial outcomes, while the Linkurious acquisition adds a complementary visual intelligence capability and the ongoing ASIC appeal remains a matter still working through the courts.
