Annual report 2025

Delivering growth through focus and digital strength

In 2025, our Step Up! strategy translated focus into performance. By concentrating on four key markets and scaling our Digital Twin Technology, we achieved double-digit revenue growth and strengthened our recurring revenue base. With over €100 million in annual recurring revenue and an expanding global presence, we continue to build a scalable, technology-driven organization positioned for sustainable long-term growth.

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Message from the CEO

In 2025, the Step Up! strategy delivered solid results for Nedap.

In 2025, Nedap translated focus into performance. By executing our Step Up! and Create & Scale strategies across four key markets, we delivered double-digit revenue growth and further strengthened our recurring revenue base.

Having surpassed €100 million in annual recurring revenue, we continue to build on our transition toward a scalable, data-driven business model. As a Digital Twin Technology company, we combine deep domain expertise with a strong digital foundation, positioning Nedap for continued sustainable growth.

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Key figures

  • Revenue

    € x 1M

    279.8

    +11%

    2024: 251.6

  • Earnings per share

    € x 1

    3.72

    2024: 2.82

  • Number of
    employees

    1,077

    2024: 1,041

  • Recurring revenue

    € x 1M

    111.5

    2024: 100.2

  • Dividend per share

    € x 1

    3.70

    2024: 3.20

  • Added value per FTE

    € x 1,000 per FTE

    201

    2024: 181

  • Operating margin

    11.3%

    2024: 9.5%

  • Return on invested capital

    37%

    2024: 26%

  • Research and development cost

    as % of revenue

    20%

    2024: 20%

Performance 2025

In 2025, we translated strategic focus into tangible results. Through disciplined execution of our Step Up! and Create & Scale strategy, we strengthened our positions in four key markets, expanded recurring revenue and continued to sharpen our profile as a Digital Twin Technology company. This section provides an overview of our financial and non-financial performance, including progress on strategy, people and sustainable impact.

Other solutions

An overview of developments in our UV activities and the finalization of scaled-down solutions, reflecting both short-term market dynamics and long-term technology potential.

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Financial affairs

A transparent overview of our financial performance in 2025, highlighting revenue growth, the expansion of recurring income, disciplined cost management and progress toward sustainable long-term profitability.

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