Nedap Reports 7% Revenue Growth, 9% on Key Markets in Q3 2026
Nedap announced a 7% increase in total revenue for the third quarter of 2026 compared to the previous year. Growth in key markets reached 9%.
Dutch technology company Nedap reported a 7% increase in total revenue for the third quarter of 2026, reaching €76.0 million compared to €71.3 million in the same period last year. Revenue from key markets, which include Healthcare and Retail, grew by 9% year-on-year.
Over the first nine months of 2026, recurring revenue saw a significant 17% increase, outpacing total revenue growth and constituting 42% of the total revenue for the period. This sustained growth in recurring revenue supports Nedap's strategic focus on long-term value creation.
The Healthcare and Retail segments were primary drivers of revenue growth. The Livestock segment experienced a decline due to delivery timing and a shift towards subscription-based offerings, while the Security segment remained stable. Geopolitical instability in the Middle East has caused delays in security solution rollouts.
Nedap anticipates continued revenue growth in the second half of 2026. The company plans to continue investing in its technology platform, artificial intelligence, and cybersecurity to ensure sustainable long-term development.