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Nedap Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 TU earnings summary16 Oct, 2025
Executive summary
Revenue grew 15% year-over-year in Q3 2025, with YTD Q3 revenue up 11% compared to the same period in 2024.
All key markets contributed to top-line growth during the first nine months of 2025.
Recurring revenue increased 11% YTD Q3, accounting for 40% of total revenue.
CEO Ruben Wegman will step down in April 2026 for health reasons; Rob Schuurman is intended as successor.
Financial highlights
Q3 2025 revenue: €71.3 million, up from €61.8 million in Q3 2024.
Q3 2025 recurring revenue: €27.8 million, up from €25.3 million in Q3 2024.
YTD Q3 2025 revenue: €206.1 million, up from €185.9 million in 2024.
YTD Q3 2025 recurring revenue: €82.0 million, up from €74.0 million in 2024.
Outlook and guidance
Revenue growth is expected across all key markets for 2025 compared to 2024.
Geopolitical developments may affect market conditions, but confidence in strategic direction remains.
CEO transition's impact on Step Up! strategy
How will Nedap address Retail revenue decline?
How is Nedap growing recurring revenue?
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Frequently asked questions
Nedap N.V. (N.V. Nederlandsche Apparatenfabriek), founded in 1929, is a Dutch multinational technology company known for developing and supplying a wide range of smart technological solutions. Its portfolio includes software for the healthcare industry, products and systems for vehicle and people identification, wireless parking systems, radio-frequency identification (RFID) systems for libraries, power electronics, and control systems for the lighting industry. Furthermore, Nedap specializes in the automation of livestock management processes through individual animal identification and offers solutions to enhance in-store product availability in the retail sector, security management solutions, and staffing solutions. Organized into Market Groups such as Healthcare, Light Controls, Identification Systems, Livestock Management, Retail, Security Management, and Staffing Solutions, Nedap operates globally with subsidiaries in various countries including the United States, Belgium, France, Germany, the UK, the Netherlands, and Spain. The company is headquartered in Groenlo, Netherlands, and its shares are listed on the Euronext exchange.
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