Nedap Q3 Revenue Rises 7% as Recurring Revenue Climbs 17%
Groenlo – October 15, 2026 -- Nedap grew third-quarter 2026 revenue by 7% year on year, with its four key markets up 9% and year-to-date key-market growth at 12%. Recurring revenue rose 17% in the first nine months of 2026 and made up 42% of total revenue for the period.
Recurring revenue grew faster than total revenue and increased in all four key markets in the quarter. CEO Rob Schuurman said the company remains on track with its Step Up! strategy.
Livestock revenue falls on delivery timing and subscription shift
Livestock revenue declined against a strong third quarter of 2025. Nedap attributes the drop mainly to delivery timing and a further move toward subscription-based offerings. Recurring revenue in the unit rose as adoption of as-a-service offerings grew, and the installed base expanded across multiple regions.