# NEXTDC cuts FY27 guidance after Melbourne power delay

> NEXTDC said on 21 October that the next grid-capacity increase for its M3 Melbourne data centre had been delayed to FY28 and revised FY27 guidance. The ranges exclude affected M3 customer contracts.

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- Publisher: Newsverum
- Section: Economy
- Country: Australia
- Published: 2026-10-21T10:31:31+00:00
- Updated: 2026-10-21T10:31:31+00:00
- Event / data period: 2026-10
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Revised FY27 guidance excludes affected M3 customer contracts: A$475–500 million net revenue, A$245–265 million underlying EBITDA and A$4.5–5 billion capital expenditure. These are forward-looking company estimates.

## Data

### Reported figure

Value reported by the source; guidance and forecasts are not realized results.

Methodology: Value and unit transcribed from the release.

| Metric | Million Australian dollars |
|---|---|
| FY27 net revenue lower bound | 475 |

Sources: <https://www.marketindex.com.au/asx/nxt/announcements/m3-melbourne-power-delay-revised-fy27-guidance-2A1705181> · Download data: [JSON](https://newsverum.com/api/v1/articles/nextdc-m3-melbourne-power-delay-guidance/data/released-figure?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/nextdc-m3-melbourne-power-delay-guidance/data/released-figure?lang=en&format=csv)

## Sources

- [NEXTDC Limited (ASX issuer announcement)](<https://www.marketindex.com.au/asx/nxt/announcements/m3-melbourne-power-delay-revised-fy27-guidance-2A1705181>) (Source checked: 2026-10-21; Published: 2026-10-21)

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