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Performance

H1 FY26 Highlights

as at 31 December 2025

 

1H FY26 Half Year Investor Presentation - 20 Feb 2026: Download PDF

$338M+

Annual Recurring Revenue 1

37,000+

Total Number of Services 2

1,100+

Enabled Data Centers

3,000+

Customer Logos

1. Annual Recurring Revenue (ARR) in A$ is the recurring revenue expected over a 12 month period, calculated as Monthly Recurring Revenue for the last month of the period x 12, and excludes any non-recurring or one-off revenue.

2. Total Services comprise of Ports, Virtual Cross Connects (VXCs), Megaport Cloud Router (MCR), Megaport Virtual Edge (MVE), and Internet Exchange (IX).

Leadership & Governance

Melinda Snowden

Melinda Snowden

Chair & Non-Executive Director

Melinda has over 30 years of experience in finance and has been a professional non-executive director since 2010 in a broad range of industries. Melinda is currently a Non-Executive Director of ASX 200 company Temple & Webster, where she is the Chair of the Audit & Risk Committee, and WAM Leaders Limited.

Melinda has held previous non-executive director roles at Best &a Less Group Holdings Ltd, Newmark Property REIT, WAM Leaders, MLC, Vita Group, Mercer Investments (Australia), Sandon Capital Investments, Our Ark Mutual and Kennards Self Storage. Prior to her non-executive career, Melinda held investment banking roles with Grant Samuel, Merrill Lynch, and Goldman Sachs and was a solicitor in the corporate division of Herbert Smith Freehills.

Melinda holds a Bachelor of Economics and Laws from the University of Sydney and is a graduate member of the Australian Institute of Company Directors.

Michael Reid

Michael Reid

Chief Executive Officer & Executive Director

Since joining Megaport, Michael has completely transformed the Company’s suite of products and innovations, and entirely rebuilt its sales and go-to-market functions. This has resulted in a remarkable turnaround in Company performance, reaccelerating growth and leading to the first profit after tax in the Company’s history in FY24, and in FY25 increased Customer Lifetime Value by 50% year-on-year to $2.1 billion.

Michael joined Megaport from Cisco, where he led the pure SaaS Network Visibility Business, ThousandEyes, as Chief Revenue Officer. In that time, he scaled the team from 150 to nearly 400, expanding into many new countries, and growing annual recurring revenue by 2.4 times, making it the largest cloud, SaaS, and internet visibility platform in the world.

Previously, Michael spearheaded multiple Cisco acquisitions as World-Wide Head of Sales residing in California, USA. Michael is known for his passionate and transformative sales and global go-to-market leadership, focusing on culture, people and execution. He previously led the Northern Region of Australia for Cisco, and, prior to that, led Cisco Sales for Australia’s largest Financial Services customers. He brings over 20 years of industry expertise and experience to Megaport.

Michael holds a degree in Aerospace Engineering from Queensland University of Technology and was CEO Magazine Sales Executive of the Year 2019.

Jay Adelson

Jay Adelson

Non-Executive Director

Jay Adelson has over 30 years of experience in technology and internet businesses globally. Jay co-founded Equinix (NASDAQ:EQIX) in 1998, and was responsible for the original and sustaining business model that grew it into one of the largest data centre companies in the world.

Jay also was instrumental in the establishment and operation of the original Palo Alto Internet Exchange for Digital Equipment Corporation in 1996.

In 2005, he founded the first internet television network, Revision3, which was acquired by Discovery Communications in 2012.

As CEO of Digg, Jay launched and grew the internet media company to tens of millions of users, and billions of impressions, a month.

Jay has also founded and served as CEO for other successful companies across the technology and internet infrastructure spaces.

Michael Klayko

Michael Klayko

Non-Executive Director

Michael Klayko has over 40 years of experience in the data storage, computer, technology and telecommunications industries. During his tenure as CEO of Brocade, he grew company revenue to over US$2.2 billion. Additionally, he has held leadership and Executive positions at leading technology companies including Rhapsody Networks, McDATA Corporation, EMC Corporation, Hewlett Packard, and IBM.

Michael brings a comprehensive understanding of the technology and network solutions industry coupled with extensive experience as a director of other publicly listed technology companies. He is an Operating Executive at Marlin Equity Partners, a global investment firm. Currently Michael serves as the Chairman of Star Compliance and Baxter Planning, and is a board member of Process Unity and CE Broker.

Glo Gordon

Glo Gordon

Non-Executive Director

Glo Gordon has more than 20 years of experience as a senior global executive in business operations strategy and sales at large technology companies including Cisco, Oracle, SAP, and Xerox. She is currently CEO and board member of MATRIXX, a leading 5G digital commerce company in Silicon Valley.

In 2014, Glo became the Chief Revenue Officer, responsible for Sales, Marketing and Customer Success for Jasper, a Silicon Valley IOT startup which was acquired in 2016 by Cisco for US$1.4 billion. At Cisco, as Vice President and General Manager, IoT, Sales and Marketing, Glo held P&L responsibility for growth and margin for Cisco’s Strategic IoT business unit. Prior to Jasper, Glo was with Oracle for 10 years and her last role was Group Vice President, Worldwide BSS/OSS applications sales, contributing double digit growth in recurring revenue for Oracle’s Communications Business Unit for Telcos and Enterprise.

More recently, Glo was Chief Revenue Officer at Uptake, an emerging leader in artificial intelligence, machine learning, and predictive analytics.

Mohit Lad

Mohit Lad

Non-Executive Director

Mohit joined Megaport in 2024 as a Non-Executive Director, bringing extensive experience in networking, systems and digital innovation. As co-founder and CEO of ThousandEyes, the world’s leading cloud, SaaS and internet visibility platform, Mohit guided the company through rapid growth before its acquisition by Cisco in 2020.

At Cisco, Mohit served as Senior Vice President of Network Assurance, scaling ThousandEye’s capabilities, integrating multiple acquisitions, and growing the business fivefold. Known for his technical expertise and entrepreneurial leadership, Mohit has also contributed to the broader tech community, serving on the Program Committee for NANOG, the world’s largest network operators’ platform.

Mohit holds a Ph.D. in Computer Science from the University of California, Los Angeles (UCLA) and has served on the Board of Directors of Groove, Inc., furthering his passion for innovation and solving complex business challenges.

Lisa Hennessy

Lisa Hennessy

Non-Executive Director

Lisa is an experienced ASX Non-Executive Director with over 30 years of expertise spanning executive and board roles across Technology, MedTech and Consumer sectors. She has been a professional non-executive Director since 2015. Lisa currently serves as a Non-Executive Director of ASX Listed Cleanspace Technology Limited and Adore Beauty Group Limited, where she is the Chair of the Remuneration and Nominations Committee. She also serves on the board of the Aikenhead Centre for Medical Discovery.

Previously, Lisa was a Non-Executive Director of ASX Listed Nitro Software Limited, until its successful take-private transaction by Potentia, and Murray River Organics. Also, Lisa was an early investor and board member of FirstStep Investments. Prior to her Non-executive career Lisa held senior leadership positions in Business Development, M&A and Strategy, across a broad range of industries.

Lisa holds a Master of Business Administration from Harvard University and a Bachelor of Electrical Engineering from Purdue University. She is a Graduate of the Australian Institute of Company Directors (GAICD).

Jon Gidney

Jon Gidney

Non-Executive Director

Jon Gidney has over 30 years of experience in corporate finance and capital markets advisory across a wide range of industry sectors. He has served as a trusted adviser to Australian and international boards and CEOs on strategy, transactions, and governance throughout his career.

Jon is currently a Non-Executive Director of Dexus Funds Management Limited (ASX: DXS) and Cettire Limited (ASX: CTT), Non-Executive Chair of FNZ (APAC) Group of Companies, and a Member of the Australian Takeovers Panel. Previously, he held senior roles at Citi as Vice-Chairman, Banking Capital Markets & Advisory, and at Greenhill as Senior Adviser and Vice Chairman. Earlier in his career, Jon served as Head of M&A at JPMorgan Australia for over a decade, where he led some of Australia’s largest transactions across financial services, real estate, consumer and natural resources.

Jon holds a Bachelor of Commerce from the University of Western Australia and a Graduate Diploma in Applied Finance from FINSIA. He is a Fellow of Chartered Accountants Australia and New Zealand (FCA), and a Graduate of the Australian Institute of Company Directors (GAICD).

Celia Pheasant

Celia Pheasant

Company Secretary

Celia Pheasant is an experienced company secretary and technology lawyer with a strong background in corporate governance across 21 jurisdictions. In her current role as Special Counsel & Company Secretary at Megaport, she manages the corporate governance requirements for the company’s global network of subsidiaries.

Celia began her career in telecommunications law at Freehills and has since held several senior in-house legal positions, most recently at SUBCO, a leading Australian digital infrastructure company.

Celia holds a Bachelor of Laws and a Bachelor of Arts (Jurisprudence) from the University of Adelaide, as well as a Master of Law and Management from the University of New South Wales.

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Shareholder Meetings

2025 AGM

2024 AGM

2023 AGM

2022 AGM

2022 EGM

2021 AGM

2020 AGM

2019 AGM

2018 AGM

2017 AGM

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Contacting Megaport

Megaport

Level 3 825 Ann St,
Fortitude Valley QLD 4006
Australia

Investor Relations
Email: investor@megaport.com

Share Registry

Computershare Investor Services Pty Limited
Level 1 200 Mary Street, Brisbane QLD 4000
Australia

Phone: 1300 850 505
International Callers: +61 3 9415 4000
Facsimile: +61 3 9473 2500
Website: computershare.com

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