Nordic Semiconductor (NOD) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
28 Apr, 2026Opening remarks and agenda
Meeting opened by the Chair, welcoming shareholders to a virtual AGM and introducing the meeting chair.
Attendance confirmed: 136 million shares represented, 69% of total shares.
Agenda items introduced and approved, including election of meeting chair and approval of agenda.
Financial performance review
Revenue reached $668 million in 2025, a 31% year-over-year increase from 2024.
Gross margins at 52% (51% adjusted), showing significant improvement.
EBITDA was $67 million, with a 10% EBITDA margin.
Cash position at year-end was $307 million, up $20 million year-over-year.
Market leadership in BLE with 32% share of end product certifications.
Strategic initiatives and plans
Successful integration of Memfault, Atlazo, and Neuton, strengthening software, cloud, and lifecycle capabilities.
On track for 20% long-term revenue growth and 25% EBITDA margin within five years from 2024.
Latest events from Nordic Semiconductor
- Q2 2026 revenue up 33% YoY to USD 219M, gross margin at 53.1%–53.3%, strong outlook.NOD
Q2 2026 Post Call - Q2 2026 revenue up 33%, gross margin 53.1%, strong growth across all segments.NOD
Q2 2026 - Q1 revenue up 24% year-over-year, gross margin at 52.1%, and adjusted EBITDA at $24 million.NOD
Q1 2026 - Q4 2025 saw 13% revenue growth and 54.9% gross margin, with a strong outlook for Q1 2026.NOD
Q4 2025 Post Call - Q4 2025 delivered 13% revenue growth and margin gains, with strong Q1 2026 outlook.NOD
Q4 2025 - nRF54 Series and new units drive >20% growth and ~25% EBITDA margin, targeting 2028 profitability.NOD
CMD 2024 - Q3 revenue up 18% YoY to USD 159M, strong consumer and Bluetooth growth, stable margins.NOD
Q3 2024 - nRF54 series launch and disciplined cost focus underpin strong growth and margin outlook.NOD
Fireside Chat - Q2 revenue rebounded sequentially, with strong Q3 guidance despite inventory write-downs.NOD
Q2 2024