Nedap Reports 7% Revenue Growth in Q3 2026

GROENLO, Netherlands, Oct. 15, 2026 /CourierPR/ -- Nedap N.V., a leader in Digital Twin Technology, reported a 7% increase in total revenue for the third quarter of 2026 compared to the same period in 2025. The company's key markets saw a more robust growth of 9%, bringing year-to-date growth to 12%. Recurring revenue, a crucial metric for sustainable growth, increased by 17% in the first nine months of 2026, representing 42% of total revenue for the period.

In the Healthcare sector, Nedap continued to strengthen its position, particularly in disability care and elderly care. More care organizations adopted the company's treatment records, reflecting a broader shift toward integrated ways of working, with care professionals and practitioners collaborating within the same record.

The Livestock division experienced a decline in revenue compared to the third quarter of 2025, mainly due to timing effects and the ongoing transition toward subscription-based offerings. However, recurring revenue increased as adoption of as-a-service offerings grew. Nedap noted that its installed base continued to expand across multiple regions, driven by long-term factors such as labor scarcity, increasing farm scale, and the need for greater efficiency. Cow monitoring and automation remain key drivers of demand.

Retail saw an increase in revenue, with Nedap adding new customers, including retailers adopting RFID for the first time and those replacing existing providers. The company's solutions continued to expand beyond inventory counting into automated replenishment, on-shelf availability, and overhead inventory visibility. The RFID-enabled self-checkout portfolio also saw its first large-scale deployments. The partnership with VF Corporation, which covers more than 1,500 stores across its brand portfolio, exemplifies Nedap's vision of connecting inventory visibility across stores and the wider supply chain.

Within the Security division, revenue remained broadly stable. Nedap Pace went live at the first building on the Bayer CropScience Campus in Monheim as part of Bayer's AllAccess program to establish a common standard for physical access management across sites, countries, and access control systems. The company also introduced Nedap Way, a new reader line for secure building access that supports both card-based and mobile access, working with a range of new and existing access control systems.

Nedap N.V., founded in 1929 and listed on Euronext Amsterdam since 1947, operates with a workforce of over 1,100 employees and has a global presence. The company's headquarters are located in Groenlo, the Netherlands.