HEXA-BNasdaq StockholmTechnologyIFRS · SEK

Hexagon

Hexagon is a global leader in precision technologies, providing digital solutions that transform industries through robotics, AI, and digital twins. The company operates across various sectors, including manufacturing intelligence, asset lifecycle intelligence, geospatial solutions, and autonomous solutions. Hexagon's technologies enable improved design, process, quality, and efficiency, serving industries such as aerospace, automotive, and public safety. With a strong focus on innovation and strategic acquisitions, Hexagon continues to enhance its market leadership and expand its global footprint.

Revenue5,425m SEK
+0.4 %y/y
Operating profit (EBIT)357m SEK
−75.1 %y/y
EBIT margin6.6%
−19.9 ppy/y
Net income239m SEK
−76.9 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

02,0004,0006,000m SEK2021: 4,341 m SEK2021: EBIT 1,010 m SEK20212022: 5,161 m SEK2022: EBIT 1,287 m SEK20222023: 5,435 m SEK2023: EBIT 1,216 m SEK20232024: 5,401 m SEK2024: EBIT 1,432 m SEK20242025: 5,425 m SEK2025: EBIT 357 m SEK2025TTM 2026: 4,746 m SEKTTM4,746
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Manufacturing Intelligence36 %

Hardware and software for improved design and efficiency.

Asset Lifecycle Intelligence15 %

Software for designing and maintaining industrial facilities.

Geosystems29 %

Technologies for mapping and geospatial data.

Autonomous Solutions10 %

Solutions for assured autonomy and positioning.

Safety, Infrastructure & Geospatial9 %

Public safety and infrastructure resilience solutions.

Customers

Hexagon serves a diverse range of customers across multiple industries, including aerospace, automotive, public safety, and manufacturing. Its customers seek solutions that enhance operational efficiency, safety, and sustainability. Manufacturing companies rely on Hexagon's metrology and quality management systems to improve product quality and reduce waste. Public safety agencies use Hexagon's geospatial solutions for better decision-making and resource management. The company's autonomous solutions are critical for industries requiring precise positioning and navigation technologies.

Aerospace

Uses design and engineering tools for improved efficiency.

Automotive

Relies on metrology solutions for quality control.

Public Safety

Utilizes geospatial technologies for decision-making.

Manufacturing

Adopts quality management systems for efficiency.

Mining

Implements autonomous solutions for safety.

Strategy

Hexagon's strategic priorities focus on innovation, market expansion, and enhancing recurring revenue streams. The company invests in research and development to drive new product launches and technological advancements. Strategic acquisitions are a key component of Hexagon's growth strategy, aimed at strengthening market leadership and achieving synergies. The company also emphasizes expanding its software and services offerings to increase recurring revenue and improve margins. These strategic initiatives position Hexagon for sustainable growth and competitive advantage in the precision technology sector.

Innovation and R&DMedium term

To drive new product launches and technological advancements.

Strategic AcquisitionsShort term

To strengthen market leadership and achieve synergies.

Recurring Revenue ExpansionLong term

To improve margins and ensure stable income.

Geography

Hexagon operates globally, with significant revenue contributions from the Americas, EMEA, and APAC regions. The company has a strong presence in Asia, particularly in China and India, where it has recorded impressive growth. In the Americas, Hexagon serves a wide range of industries, including manufacturing and public safety. EMEA remains a key market, although growth has been challenged by economic conditions. Hexagon's geographic diversification helps mitigate regional risks and leverage growth opportunities in emerging markets.

Risks

Hexagon faces several business and financial risks, including exchange rate fluctuations, interest rate changes, and liquidity challenges. As a global company, it is also exposed to geopolitical risks and economic uncertainties in key markets. The precision technology industry is highly competitive, with rapid technological advancements posing a risk to market position. Additionally, Hexagon must manage operational risks related to supply chain disruptions and integration of acquisitions. Effective risk management is crucial to mitigate these challenges and sustain growth.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Exchange rate fluctuations1Technological advancements2Geopolitical risks3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Exchange rate fluctuationsImpact: HighLikelihood: Medium

    Impact on financial performance due to currency translation.

  2. Technological advancementsImpact: HighLikelihood: Medium

    Increased competition and market position risk.

  3. Geopolitical risksImpact: MediumLikelihood: Medium

    Economic uncertainties in key markets.

Accounting

Judgemental items
Revenue recognition

Ensures compliance with IFRS and accurate reporting.

Impact: high

Currency translation

Affects reported earnings due to global operations.

Impact: medium

Goodwill accounting

Impacts balance sheet valuations post-acquisitions.

Impact: high

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Hexagon (XSTO) – Technology | Financial Analysis – Clarifo