NOTE AB (publ) (STO:NOTE)

NOTE AB Revenue

NOTE AB had revenue of 1.06B SEK in the quarter ending September 30, 2026, with 27.35% growth. This brings the company's total for the last twelve months to 4.20B, up 9.31% year-over-year. In the year 2025, NOTE AB had annual revenue of 3.81B, down -2.22%. That makes NOTE AB the 12,195th largest company in the world by revenue and 154th in Sweden.

• Revenue (ttm): 4.20B
• Revenue Growth: +9.31%
• P/S Ratio: 1.08
• Revenue / Employee: 2.33M
• Employees: 1,800
• Market Cap: 4.55B

Revenue Chart

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Revenue by Segment

By Segment

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• Western Europe 2.85B 73.5%
• Rest of World 1.02B 26.5%

By Geography

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• Sweden 1.93B 49.8%
• England 583.70M 15.1%
• Rest of Europe 365.30M 9.4%
• Finland 279.50M 7.2%
• China 269.90M 7.0%
• Germany 208.10M 5.4%
• USA 117.60M 3.0%
• Other 121.10M 3.1%

Fiscal year ended Dec 31, 2025 See the full NOTE AB breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	3.81B	-86.51M	-2.22%
Dec 31, 2024	3.90B	-342.36M	-8.07%
Dec 31, 2023	4.24B	556.15M	15.08%
Dec 31, 2022	3.69B	1.04B	39.49%
Dec 31, 2021	2.64B	769.60M	41.07%
Dec 31, 2020	1.87B	113.35M	6.44%
Dec 31, 2019	1.76B	381.87M	27.70%
Dec 31, 2018	1.38B	202.86M	17.25%
Dec 31, 2017	1.18B	77.64M	7.07%
Dec 31, 2016	1.10B	-23.42M	-2.09%
Dec 31, 2015	1.12B	157.48M	16.34%
Dec 31, 2014	964.02M	57.05M	6.29%
Dec 31, 2013	906.98M	-122.27M	-11.88%
Dec 31, 2012	1.03B	-179.61M	-14.86%
Dec 31, 2011	1.21B	-1.86M	-0.15%
Dec 31, 2010	1.21B	10.65M	0.89%
Dec 31, 2009	1.20B	-509.39M	-29.80%
Dec 31, 2008	1.71B	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Oct 22, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment and geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

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