Nordex revenue and financials

NDX1 · Xetra · EUR

€36.22Change from previous close: −0.22%Absolute change: −€0.08

Close · October 7, 2026

In the fiscal year ended December 2025, Nordex reported revenue of €7.55B (+3.49% year over year). Net income was €274.45M, a net margin of 3.6%.

Annual revenue · 2025: €7.55B
  1. €5.44B2021
  2. €5.69B2022
  3. €6.49B2023
  4. €7.3B2024
  5. €7.55B2025

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

At a glance

Revenue growth
+3.49%
2025 vs 2024
Net income growth
+3,006.07%
2025 vs 2024
Net margin
3.6%
2024: 0.1%

Financial data

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

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Operating cash flow240-69.363118017925.9318184130-20235029.3
Depreciation and amortization30.642.113.158.725.544.411.463.425.745.212.064.8
Capital expenditure-46.0-27.5-74.8-33.7-38.8-24.9-54.0-39.9-36.1-34.1-49.8-33.2
Investing cash flow-75.8-28.8-66.3-31.4-33.4-21.9-46.9-24.7-36.3-51.2-46.7-31.1
Financing cash flow-36.1-4.5-10.1-9.3-14.3-9.8-5.4-15.6-8.5-8.4-14.1-7.9
Debt issued20.0—19.2—2.00.05.6-0.1—0.910.8—
Debt repaid-56.4-10.7-29.4-9.3-16.3-9.8-14.0-15.5-10.0-9.3-24.8-7.9
Effect of exchange rates2.02.8-4.2-3.4-20.9-13.83.5-8.60.6-2.7-5.60.8
Net change in cash131-99.8551136110-19.626913586.1-265284-8.8
Free cash flow194-96.85571471401.026414494.2-237300-3.9
Levered free cash flow-51.3-74.746211585.821.5226173-104-12927310.2