Nedap's total revenue up 7% with growth in key markets of 9% in the third quarter of 2026
PR Newswire•15/10/2026•01:00 ET
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Key Highlights
- ➤Q3 revenue €76.0M, up 7% year over year
- ➤Key-market revenue grew 9% in Q3; year-to-date growth reached 12%
- ➤Nine-month recurring revenue rose 17% to €95.7M, 42% of total revenue
- ➤Second-half 2026 revenue expected to grow versus the second half of 2025
- ➤Middle East instability continues delaying regional security-solution customer rollouts
Expert Statements
Rob Schuurman, CEO of Nedap
“We remain on track with our Step Up! strategy. The third quarter reflects continued customer demand for our solutions, with recurring revenue again growing faster than total revenue. As this base grows, it provides an increasingly strong foundation for sustainable long-term growth and value creation. Within Livestock, revenue declined compared with the third quarter of 2025, reflecting the timing of deliveries, alongside the continued transition toward subscription-based offerings. Revenue growth was driven by Healthcare and Retail while revenue in Security remained broadly stable.”
Nedap's total revenue up 7% with growth in key markets of 9% in the third quarter of 2026 PR Newswire
Key points * Revenue increased by 7% in the third quarter of 2026 compared with the third quarter of 2025. * Revenue in the key markets grew by 9% in the third quarter of 2026 compared with the third quarter of 2025, bringing year-to-date growth to 12%. * In the first nine months of 2026, recurring revenue increased by 17% compared with the same period in 2025, outpacing total revenue growth and representing 42% of total revenue for the period. Rob Schuurman, CEO:
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