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DXN Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary30 Jan, 2026
Executive summary
Q2 FY26 revenue was $1.74 million, down 63% year-over-year due to project delays and customer-driven deferrals, with activity resuming on key contracts.
Modular Division contributed ~85% of FY25 revenue, Data Centre Operations 12%, and DCaaS 3%.
The company operates a vertically integrated model, delivering modular data centres and services across Asia Pacific, with a robust backlog and pipeline.
Strategic MOU and shareholder agreement signed to establish a joint venture in Indonesia, targeting Southeast Asia and Asia-Pacific growth.
DCaaS segment launched, generating recurring revenue and expanding the service offering.
Financial highlights
Q2 FY26 revenue: $1.74 million (Modular: $1.3m, Data Centre Ops: $0.6m, DCaaS: $0.08m), down 63% YoY.
Cash balance at 31 December 2025: $1.7 million.
Q2 FY26 cash receipts: $2.2 million.
Backlog at quarter-end: $14.5–15 million, providing strong revenue visibility.
Operating cash flow for Q2 FY26: $(666,337), compared to $(427,620) in the previous quarter.
Outlook and guidance
65% of backlog targeted for conversion to revenue in 2HFY26, with 80 projects under exploration.
Revenue expected to increase in Q3 and Q4 as delayed projects resume.
Expansion into Indonesia and Southeast Asia expected to drive future growth and market diversification.
Ongoing focus on growing DCaaS for revenue stability and diversification.
JV's role in scaling and funding growth?
Funding strategy for StructCore hyperscale growth?
DCaaS impact on revenue stability and growth?
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@ankurshah47_ x.com
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Amina0781App Store
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