High Growth Tech Stocks In Australia May 2026

As the Australian market anticipates a positive end to the week with ASX futures indicating a 0.5% rise, driven by declining oil prices and strengthening gold, investors are closely monitoring broader economic indicators and geopolitical developments such as potential peace talks involving Trump. In this context, identifying high-growth tech stocks in Australia requires careful consideration of their resilience to market volatility and ability to capitalize on emerging opportunities within the current economic landscape.

Top 10 High Growth Tech Companies In Australia

Click here to see the full list of 26 stocks from our ASX High Growth Tech and AI Stocks screener.

Let’s dive into some prime choices out of from the screener.

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Catapult Sports Ltd is a sports science and analytics company that develops and supplies technologies to enhance athlete and team performance across various regions, with a market cap of approximately A$1.09 billion.

Operations: Catapult Sports generates revenue primarily through its Performance & Health segment, which accounts for $77.51 million, followed by Tactics & Coaching at $45.55 million. The company operates across several regions including Australia, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Despite a challenging year marked by a net loss of USD 23.96 million, Catapult Sports Ltd showcased resilience with a significant revenue increase to USD 140.72 million, up from USD 116.53 million the previous year. This growth is underscored by an ambitious partnership with Mercury13, positioning Catapult as a leading provider of performance analytics in women’s football—a move likely to enhance its standing and innovation in sports technology further. With revenue growth outpacing the Australian market average at 13.8% per year and earnings expected to surge by approximately 51.93% annually, Catapult is strategically expanding its influence while navigating toward profitability within three years, reflecting robust potential despite current unprofitability.

Simply Wall St Growth Rating: ★★★★★★

Overview: Echo IQ Limited provides artificial intelligence diagnostics tools to enhance the diagnosis of structural heart disease in Australia, with a market cap of A$925.21 million.

Operations: Echo IQ Limited focuses on developing AI software for diagnosing structural heart disease, generating revenue of A$0.09 million from this segment.

Echo IQ’s recent strategic deployments, including the introduction of EchoSolv AS at Mount Sinai Health System, underscore its commitment to integrating AI in cardiology. This move not only marks a significant commercial milestone but also sets the stage for future growth through potential FDA approvals and expanded partnerships with over 80 hospitals. Despite a modest annual revenue of AUD 91K and a net loss widening to AUD 8.66 million from AUD 6.22 million year-over-year, Echo IQ is poised for substantial growth with projected revenue increases of 126.2% annually and earnings expected to surge by 108.82% per year. The company’s inclusion in the S&P/ASX All Ordinaries Index further reflects its rising prominence in the tech landscape, driven by innovative healthcare solutions that promise scalability and enhanced clinical outcomes.

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited is an enterprise software company that develops, markets, sells, implements, and supports integrated business solutions both in Australia and internationally with a market cap of A$9.63 billion.

Operations: The company’s primary revenue stream is its software segment, generating A$435.50 million, followed by corporate and consulting services contributing A$97.77 million and A$97.97 million respectively.

Technology One has demonstrated resilience and adaptability in the tech sector, evidenced by its recent half-year financials with revenue climbing to AUD 318.42 million, up from AUD 285.69 million year-over-year, and net income increasing to AUD 66.79 million from AUD 62.97 million. Despite being dropped from several indices including the S&P/ASX 50 and S&P Global 1200, the company’s earnings growth forecast of 17.5% per annum outpaces the Australian market average of 11.9%. This growth is supported by a robust annual revenue increase projected at 12.7%, signaling strong market demand for their software solutions in a competitive landscape increasingly leaning towards digital transformation and cloud-based services.

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and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

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