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DUG Technology Ltd (ASX: DUG) delivered a robust first-quarter performance for FY26, reporting revenue of US$16.7 million, up 19% year-on-year, and EBITDA of US$4.2 million, a 65% rise. The company’s services revenue surged 21% to US$14.4 million, while HPC revenue grew 40%, highlighting increasing demand across its computing operations. DUG’s Services Order Book reached US$51.9 million, reflecting a 46% uplift from the prior year.
Operationally, DUG recorded its first revenue in Brazil and continued strong growth in the Middle East, validating its international expansion strategy. The quarter was also marked by the signing of a record SaaS and HPCaaS contract, setting the stage for future growth. Headquartered in Australia with a global presence, DUG continues to pioneer in sustainable computing and geoscientific innovation, driving momentum across its software and HPC solutions.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.