3 Australian Growth Stocks With Earnings Growth Over 23% To Watch

US business activity is still expanding and prices are rising at the fastest pace since 2022, which keeps inflation on centre stage and rate risks alive. That mix can be tough for slower companies. For Australian growth stocks with solid balance sheets, it can also create openings as investors look for earnings engines rather than just cheap prices. This article highlights three high growth Australian stocks from our screener.

The three stocks highlighted here offer a compelling starting point if you want exposure to healthy high growth potential businesses that also keep their finances in check. However, if you want the standouts, these 33 best high growth potential stocks are the most outstanding.

4DMedical (ASX:4DX)

4DMedical gives this screener direct exposure to advanced lung imaging, where non invasive scans and pharma partnerships tie potential earnings growth to real world medical use rather than to blue sky projections.

4DMedical develops non invasive respiratory imaging software and hardware, generating about A$7 million from lung function analysis tools, and carries a market value around A$2.21b.

"Partnership with Philips promised a $10Million USD minimum order commitment contract over the next 2 years starting December 2025 (over 2026 and 2027). Philips has added 4DMedicals CT:VQ technology as an official product on their catalog in North America."

The key variable is how one emerging pattern in customer adoption ultimately feeds through to pricing power and recurring margins.

That pricing power question sits at the heart of the full narrative for 4DMedical. The narrative tracks how contracts, capital needs and execution risk could reshape 4DMedical's trajectory beyond this Philips deal.

Netwealth Group (ASX:NWL)

Netwealth Group runs a wealth management platform that helps advisers and clients manage superannuation, managed accounts and wrap products, with all A$390 million of revenue coming from platform operations in Australia and a market value of about A$4.28b.

For the Healthy high growth potential theme, Netwealth Group matters because its super, wrap and managed-account platform is built to scale as more client money flows onto it. This turns adviser relationships and technology spend into fee-based earnings power.

"Netwealth's continued investment in best-in-class digital experience, platform functionality, and data analytics aligns with the ongoing digitisation of financial services and increasing regulatory focus on transparency, positioning the company to capture greater adviser and client net inflows, bolster revenue growth, and strengthen platform stickiness."

What happens to the story if one pressure point quietly keeps margins from rising as fast as investors expect?

That margin question is exactly where the full narrative for Netwealth Group picks up, unpacking whether rising platform scale is accelerating true earnings power or quietly masking pressure points.

Megaport (ASX:MP1)

Megaport runs a global on demand connectivity platform that links enterprises, data centres and cloud providers through its Software Defined Network, with A$198 million of revenue from the Americas, A$70 million from Asia Pacific and A$44 million from Europe, and a market value around A$3.74b.

For the Healthy high growth potential theme, Megaport matters because its SDN platform lets businesses switch on cloud and data centre capacity quickly. This is exactly the kind of scalable earnings engine this screener looks for.

"Megaport is shifting from a pure network service to a combined network, compute and storage platform, and the addition of Megaport Storage alongside the Latitude.sh compute business across more than 1,100 data centres can support higher product density per customer and a mix shift toward higher margin recurring revenue."

What happens to that story if one unseen constraint quietly decides how much of that higher margin opportunity actually reaches the bottom line?

That unseen constraint is exactly what the full narrative for Megaport unpacks. It shows where Megaport's expanding platform could accelerate recurring earnings power or leave value quietly stalled.

Seeking Fresh Alternatives Before They Fly?

Fresh opportunities can move from quiet to crowded quickly. You want potential breakouts with real momentum before they get caught by the crowd. Acting early can help you participate before more investors take notice.

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