HMS Networks revenue and financials

HMS · Nasdaq Stockholm · SEK

kr 574.50Change from previous close: +3.89%Absolute change: +kr 21.50

Close · October 6, 2026

In the fiscal year ended December 2025, HMS Networks reported revenue of kr 3.58B (+16.94% year over year). Net income was kr 434.75M, a net margin of 12.2%.

Annual revenue · 2025: kr 3.58B
  1. kr 2.51B2022
  2. kr 3.02B2023
  3. kr 3.06B2024
  4. kr 3.58B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+16.94%
2025 vs 2024
Net income growth
+40.39%
2025 vs 2024
Net margin
12.2%
2024: 10.1%

Financial data

Amounts in millions of SEK; per-share values in SEK; shares in millions.

Cash flow · Annual
Item2025202420232022
Operating cash flow877592519431
Depreciation and amortization268219125108
Capital expenditure-133-121-73.9-83.1
Investing cash flow-135-4,449-135-366
Financing cash flow-7153,827-400-99.0
Dividends paid-4.5-225-187-140
Share repurchases0.0-11.2-13.1-34.2
Debt issued2,0334,614152260
Debt repaid-2,677-1,879-292-145
Effect of exchange rates-11.5-20.2-3.75.8
Net change in cash26.9-29.9-16.5-33.8
Free cash flow744471445348