Data#3 Reports Record Sales of $3.4 Billion

The technology services firm achieved record financial performance for the 2026 financial year.

Updated on Oct. 28, 2026 in Corporate Finance

Data#3 Reports Record Sales of $3.4 Billion

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Data#3 reported gross sales of $3.4 billion for the 2026 financial year, marking a period of record financial performance. The company also upgraded its profit forecast for the first half of the 2027 financial year to between $52 million and $57 million.

Why it matters

This growth was driven by a 20% increase in gross profit and interest income, bolstered by a significant new contract as the sole panel provider for Microsoft products to the Australian Government. The firm continues to strengthen its market position through targeted investments in AI and sovereign security services.

Net profit after tax reached $54.5 million, with basic earnings per share totaling 35.16 cents. The company maintains a strong balance sheet with $326.0 million in cash and has declared total fully franked dividends of 31.75 cents per share.

The players

Data#3

This is an Australian technology services provider that manages complex IT environments and enterprise software licensing.

Australian Government

This is the federal administrative authority of Australia that recently appointed the company as a sole panel provider.

Microsoft

This is a global technology corporation whose software and service products form a central part of the company's service offerings.

The details

The firm secured a five-year contract to supply Microsoft products and services to the Australian Government. Additionally, Data#3 has committed to strategic investments in a dedicated AI Practice and a 24/7 Sovereign Security Operations Centre.

The 2026 financial year saw the company achieve record financial performance.
Data#3 held its Annual General Meeting on 28 October 2026.
The company forecasts a pre-tax profit of $52 million to $57 million for the first half of the 2027 financial year.

Market Dynamics

The firm's recent investments in a Sovereign Security Operations Centre follow the established trend in the Australian IT services sector's focus on sovereign security and AI integration. This positions the company to capitalise on the growing demand for local data control and enterprise automation.

Shareholders are set to receive total fully franked dividends of 31.75 cents per share following the record performance. The company's optimistic outlook for the 2027 financial year suggests continued institutional confidence in its current growth strategy.

The takeaway

Data#3 continues to benefit from its strategic focus on government contracting and high-growth technology sectors like AI. Investors and stakeholders should monitor the firm's progress in delivering on its 2027 first-half profit forecast to gauge the sustainability of these one-off gains.