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Hexagon
Hexagon (HEXA) investor relations material
Hexagon Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary30 Jan, 2026
Executive summary
Organic growth reached 3% in Q4 2025, led by Autonomous Solutions and strong demand in electronics and aerospace & defence, with strategic decisions supporting long-term business health.
Board proposed a dividend of 0.14 EUR per share.
Announced acquisitions of Inertial Sense and IconPro, and sale of the Design & Engineering business is on track for H1 2026.
New operating model implemented and strategic partnership with Microsoft established for humanoid robotics.
Octave separation remains on track for completion in H1 2026.
Financial highlights
Net sales for Q4 2025 were €1,429.2M, down 1% year-over-year due to currency headwinds; organic growth was 3% year-over-year.
Gross margin reached a record 67.5%, up 0.8 percentage points year-over-year.
Adjusted operating earnings (EBIT1) were €420.3M in Q4, margin 29.4%; full year EBIT1 €1,474.9M, margin 27.2%.
Earnings per share were 11.8 euro cents (Q4, -5% YoY); adjusted EPS 40.7 euro cents (FY, -6% YoY).
Cash conversion was strong at 121% in Q4; operating cash flow before non-recurring items was €419.6M.
Outlook and guidance
Trends from Q4 2025 expected to continue into Q1 2026; market environment to remain similar.
Currency expected to remain a headwind in Q1 2026.
Restructuring program targeting €110M in annual savings by end of 2026; €11M benefit realized in Q4 2025.
Octave spin-off and D&E divestment expected to complete in H1 2026, with public listing and investor day scheduled.
Octave's US listing and SDR program details
Geosystems destocking impact on Q1 2026
D&E divestment proceeds allocation strategy
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Next Hexagon earnings date
Q1 202623 Apr, 2026
Hexagon
Next Hexagon earnings date
Q1 202623 Apr, 2026
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Frequently asked questions
Hexagon AB engages in the development and provision of information technology solutions. The company is focused on delivering digital realities that require autonomous data capture, analysis and visualization by combining sensor inputs with software. Founded in 1975 and headquartered in Stockholm, Sweden.
The company operates through two business areas:
1. Geospatial Enterprise Solutions (GES): comprising of Geosystems, Safety, Infrastructure & Geospatial and Autonomy & Positioning offering sensors, laser scanners, airborne cameras, unmanned aerial vehicles, monitoring equipment, mobile mapping technologies and precise positioning.
2. Industrial Enterprise Solutions (IES): comprising of Manufacturing Intelligence and PPM divisions. Offering includes coordinate measurement machines (CMM), laser trackers and scanners for optimizing design, processes and throughput in manufacturing facilities. Also provides a wide software offering such as CAD, CAM and CAE platforms as well as software improving design, productivity and leveraging asset management info in industrial plants and processing facilities.
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