Nordnet AB (publ) (STO:SAVE)

Nordnet AB Financials Overview

Financials in millions SEK. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	6,576	6,068	5,815	5,140	4,048	4,385
Revenue Growth	10.30%	4.35%	13.14%	26.97%	-7.70%	34.22%
Gross Profit Gross Profit Growth	5,814	5,384	5,152	4,550	3,382	3,639
Operating Income Operating Income Growth	4,079	3,726	3,482	3,160	2,034	2,451
Net Income Net Income Growth	3,290	3,015	2,814	2,579	1,653	1,985
Earnings Per Share EPS Growth	12.98	11.82	10.85	9.83	6.33	7.75
EPS Growth	15.58%	8.94%	10.38%	55.29%	-18.32%	70.33%

Revenue by Geography

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Sweden Sweden Growth	1,515	1,479	1,455	1,325	1,937	1,327
Norway Norway Growth	1,583	1,356	1,061	954.7	647.5	750.8
Finland Finland Growth	1,276	1,185	1,023	889.2	209.6	710.8
Denmark Denmark Growth	1,440	1,365	1,329	1,090	588	849.9
Unallocated Unallocated Growth	-	-	274	211.6	-	-
Total Total Growth	5,814	5,385	5,142	4,471	3,382	3,639

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	8,295	10,042	8,400	9,525	42,687	37,953
Total Debt Total Debt Growth	0	0	0	0	0	0
Net Cash (Debt) Net Cash Growth	8,295	10,042	8,400	9,525	42,687	37,953
Net Cash Growth	30.63%	19.55%	-11.81%	-77.69%	12.47%	13.70%
Net Cash Per Share Net Cash Per Share Growth	33.29	40.16	33.43	38.12	170.35	151.12

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	9,413	12,546	6,096	-12,598	6,493	13,612
Capital Expenditures CapEx Growth	-	-42	-49	-36.7	-23.7	-46.1
Free Cash Flow Free Cash Flow Growth	9,413	12,504	6,047	-12,635	6,470	13,566
Free Cash Flow Growth	-44.71%	106.78%	-	-	-52.31%	14.10%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	88.41%	88.73%	88.60%	88.53%	83.55%	82.97%
Operating Margin	62.03%	61.40%	59.88%	61.49%	50.25%	55.89%
Pretax Margin	62.03%	61.40%	59.88%	61.49%	50.25%	55.89%
Profit Margin	50.03%	49.69%	48.39%	50.17%	40.82%	45.26%
FCF Margin	143.14%	206.06%	103.99%	-245.84%	159.82%	309.35%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	8.600	8.600	8.100	7.200	4.600	5.560
Dividend Per Share Growth	6.17%	6.17%	12.50%	56.52%	-17.27%	268.21%
Dividend Yield	2.41%	3.00%	3.07%	2.69%	3.68%	1.89%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	27.52	22.86	21.64	17.40	23.85	22.40
Forward PE	23.31	22.48	24.33	15.86	19.12	26.75
P/FCF Ratio	9.46	5.39	9.71	-	5.82	3.20
PS Ratio	13.44	11.10	10.10	8.36	9.31	9.90

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Jul 17, 2026

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

Update frequency:

Quarterly

Last checked:

Aug 8, 2026

Data Sources Report a data error