Nedap Sees Revenue Surge of 13% with Operating Margin Rising to 12.1%

Nedap Achieves Noteworthy Financial Growth in H1 2026

Nedap, a prominent player in the field of Digital Twin Technology, reported a strong financial performance for the first half of 2026, showcasing a remarkable 13% increase in revenue compared to the same period last year. This growth is highlighted by revenue climbing to €152 million, up from €134.9 million in H1 2025. Notably, all key markets contributed positively to this growth, with a stunning 14% increase in revenue.

Key Highlights

The recurring revenue, which consists of income from software subscriptions and services, experienced a significant boost, rising 17% to €63.3 million, accounting for 42% of total revenue. This uptick reflects the growing adoption of Nedap's Digital Twin Technology among clients across various sectors.

The operating profit for the same period also saw a substantial rise, hitting €18.3 million compared to €13.8 million in H1 2025, contributing to an improved operating margin of 12.1%, up from 10.3% a year earlier. CEO Rob Schuurman expressed confidence in the ongoing 'Step Up!' strategy, indicating that the company is on track with its objectives.

Market Performance

This financial upswing is attributed to robust growth across all four main markets: Healthcare, Livestock, Retail, and Security. In the Healthcare sector, new partnerships, particularly in disability care, youth care, and general practice, fortified Nedap's market position and supported the transition towards integrated healthcare. The company's flagship product, the Ons® Suite, has been well-received, seamlessly integrating into the daily workflows of healthcare professionals.

In the Livestock segment, increased demand from dairy farmers for data-driven insights into livestock health and productivity has spurred the adoption of the Cow Monitoring Platform. This has led to a higher demand for complementary products such as SmartTags and SmartSight, prompting Nedap to launch a fully automated production line in the Netherlands to enhance capacity.

Retail has seen a rise in demand for the Inventory Engine, which aids retailers in achieving end-to-end stock visibility and data-driven operations. New long-term partnerships with clients illustrate the effectiveness of the solutions offered by Nedap.

Additionally, in the Security sector, continuous investments by clients in Mobile Access and long-range identification solutions reflect a growing need for secure access management. The elevated demand has been matched with cloud-based solutions, enhancing recurring revenue streams.

Future Outlook

Looking ahead, Nedap anticipates continued revenue growth in the latter half of 2026, bolstered by clients’ increasing demand for their solutions. The company remains committed to long-term sustainable growth through strategic investments, focusing on advancements in technology platforms, cybersecurity, and artificial intelligence. Additionally, a Capital Markets Day is scheduled for mid-2027 to highlight future strategies.

Nedap's dedication to improving and scaling solutions that add value to its clients is integral to its operations. As the market landscape continues to evolve, Nedap aims to remain at the forefront, leveraging advancements in technology to benefit both clients and the industry at large. The sustained growth trajectory underscores the company's resilience and capacity to meet market demands effectively.

With a workforce of over 1,000 employees, Nedap is poised to navigate the challenges and opportunities within the sectors it serves, ensuring successful outcomes in a dynamically changing business environment.

Conclusion

Nedap's solid financial performance in the first half of 2026, marked by notable revenue and profit increases, positions the company favorably within the competitive landscape. Its strategic focus on innovative solutions and market adaptability promises ongoing success as it meets the evolving needs of its diverse clientele.