Best ASX tech stocks to buy now

These ASX tech stocks show strong growth in AI, infrastructure and user expansion with improving revenue and future outlook.

WiseTech Global Limited (ASX: WTC)

on FY26 update, showed that it operates as digital infrastructure across multiple vertical markets with strong network reach, data strength, and domain expertise. It serves more than 22,000 logistics firms across 193 countries, including 23 of the top 25 global freight forwarders and over 500,000 connected enterprises. During 1H26, revenue increased 76% and EBITDA rose 31%, supported by the e2open acquisition and creation of TradeWise, with a stated path toward margin improvement after integration. CargoWise NCM was rolled out to 95% of customers, and over the past five years more than $1 billion has been invested in innovation and product development.

The update also noted progress in Agentic AI with early AI agents already in production and broader rollout underway while more than half of internal coding is now AI-assisted. The platform continues to evolve as a connected marketplace linking participants through shared workflows and data. The company reported expansion through 50+ acquisitions and a focus on operating leverage, efficiency and productivity improvements across its ecosystem.

Megaport Limited (ASX: MP1)

on 3 June 2026, announced four AI infrastructure contracts with total contract value of about A$458.9M, requiring A$369.5M capex for GPUs, network, and storage. It will build an on-demand GPU Pool with A$350M investment to support AI inference workloads using contracted and usage-based models. Compute ARR rose to A$385.2M, while combined group pro forma ARR reached A$662.9M. Network ARR increased 25% year-on-year to A$277.7M, and liquidity stood at A$287.6M. FY26 revenue guidance was tightened to A$307M–A$315M, with EBITDA margin of 21–24% and capex unchanged at A$90M–A$100M. An entitlement offer of A$827.3M was launched to fund expansion.

On 27 April 2026, a 3-year compute and storage contract worth about USD$25.1M (A$35.4M) was secured through Latitude.sh, adding around USD$8.4M ARR. Compute ARR grew 31% to USD$58.7M, while Network ARR reached A$272.0M, up 23% year-on-year.

On 14 May 2026, three additional contracts worth about USD$182.9M (A$254.0M) were announced across GPU, CPU, network and storage services and adding roughly USD$65.2M ARR over 24-36 month terms across Megaport’s global platform of 1,100+ data centres.

Life360 Inc. (ASX: 360)

on 12 May 2026, shared Q1 FY2026 results for the quarter ended March 31, 2026. Revenue touched $143.1 million, improved 38% year over year whereas subscription revenue increased to $108.2 million. Advertising revenue rose to $19.7 million and Annualized Monthly Revenue reached $517.9 million. The 360 generated $17.2 million in operating cash flow and ended the quarter with the $459.0 million in cash, cash equivalents, restricted cash and short term investments. 

During Q1 FY2026, monthly active users grew 17% to 97.8 million with the net additions of 1.9 million users. Paying Circles increased by 201,000 during the quarter and taking the total to 3.0 million, up 27% from a year earlier. New features included Temporary Location Sharing, Safety Incidents on the Map and Back on the Grid. For FY2026, 360 expects revenue of $650M to $685 million, MAU growth of 17% to 20% and Adjusted EBITDA of $130 million to $140 million.

(Source: Company Report)