Kudelski SA

Kudelski SA

1.33
CHF
-0.01
(-0.67%)
63.37MMarket Cap
Feb 25Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
18.71
17.77
19.12
18.15
19.96
18.2
16.17
14.49
14.87
13.8
8.02
7.46
7.12
- -
Basic EPS, GAAP
0.96
0.53
0.9
1.17
-0.3
-0.57
-0.89
-0.46
0.29
-0.4
-0.57
0.22
-0.82
- -
Free Cash Flow per Basic Share
2.07
1.63
1.5
1.42
-1.84
-0.59
0.34
2.42
1.76
-0.14
1.11
-0.98
-0.37
- -
Dividend per Share
0.25
0.33
0.33
- -
0.39
0.11
0.11
0.11
0.12
0.12
- -
- -
- -
- -
Book Value per Share
10.78
9.11
8.94
9.72
9.77
8.45
7.6
7
7.46
6.86
5.53
6.28
6.23
5.74
Tangible Book Value per Share
6.79
1.32
1.56
0.8
0.38
-0.52
-0.85
-1.26
-0.39
-0.51
-1.61
2.06
1.76
1.26
Basic Weighted Avg Shares
49
50
50
54
50
50
50
50
51
51
51
51
51
56
Sales/Revenue/Turnover
925
881
951
984
993
908
810
729
754
706
412
384
367
- -
Operating Margin (%)
6.48
6.4
7.9
10.94
1.91
-1.28
-2.62
1.47
1.47
-0.33
-5.38
-32.63
-7.73
- -
Depreciation Expense
58
46
42
45
43
43
56
48
42
32
31
107
12
- -
Net Income, GAAP
47
26
45
64
-15
-28
-44
-23
15
-21
-29
11
-42
- -
Effective Tax Rate (%)
19.94
20.46
16.62
17.01
111.91
- -
- -
- -
13.06
- -
- -
- -
- -
- -
Profit Margin (%)
5.13
2.99
4.73
6.46
-1.49
-3.13
-5.49
-3.18
1.94
-2.93
-7.14
2.97
-11.57
- -
Working Capital
220
168
159
260
213
231
194
229
114
82
-177
73
48
17
LT Debt
139
258
213
344
358
406
427
474
279
262
90
64
57
51
Total Equity
521
459
452
490
492
443
403
369
397
362
297
314
309
286
Return on Invested Capital (%)
6.81
6.62
8.8
11.23
-0.3
- -
- -
- -
2.92
- -
- -
- -
- -
- -
Return on Capital (%)
7.09
3.54
6.41
7.99
-2.2
- -
- -
- -
1.73
- -
- -
- -
- -
- -
Return on Common Equity (%)
9.87
5.54
10.41
14.23
-3.16
-6.5
-11.51
-6.58
4.17
-5.94
-9.73
3.96
-13.87
- -

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
11
10
15
LT Borrowings
- -
- -
- -
LT Finance Leases
60
57
51
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
49
49
49
Market Capitalization
83
74
78

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
196
215
179
Cash, Cash Equivalents & STI
95
111
80
Accounts Receivable, Net
23
30
26
Inventories
19
16
13
Total Current Liabilities
157
166
162
Payables & Accruals
- -
- -
- -
ST Debt
11
10
15
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.37%
-3%
-1.61%
Free Cash Flow
-110.65%
-255.13%
-62%
Net Income, GAAP
-95.32%
-194.53%
-471.64%
Sales/Revenue/Turnover
-8.08%
-11.19%
-4.46%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
384
2025
- -
- -
367
2026
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.22
2025
- -
- -
-0.82
2026
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
André Kudelski
Full Time Employees
1,600
Sector
Technology services
Industry
Packaged software
Address
22-24, Route de GenEve Cheseaux-sur-Lausanne VD Switzerland 1033
IPO Date
Apr 1, 2010
Website
nagra.com
Business
Kudelski S.A. is a Swiss-based global leader in digital security, specializing in integrated content protection, cybersecurity, and Internet of Things (IoT) solutions. The company develops and delivers a comprehensive product portfolio including NAGRA content protection systems for content production and streaming; advanced cybersecurity solutions provided through Kudelski Security, such as Managed Detection and Response, threat intelligence, and operational technology security; and IoT services including asset tracking and device security tailored for automotive retail, agriculture, and other industrial applications. Kudelski also operates Kudelski Labs, an innovation unit focused on frontier technologies and bespoke digital security research. Founded in 1951 and headquartered in Cheseaux-sur-Lausanne, Switzerland, Kudelski S.A. serves a global clientele spanning media and entertainment, critical infrastructure, aerospace, and public sector organizations. Its products and services operate across Europe, North America, and other international markets, supporting content providers, enterprises, and IoT ecosystem participants. In recent developments, Kudelski accelerated its transformation in 2025 by sharpened focus on advanced digital security solutions across media, cybersecurity, and IoT sectors, as evidenced by the launch of Kudelski Labs. The company expanded its strategic partnerships with global cybersecurity leaders like CrowdStrike and hyperscalers, enhancing its AI-driven cybersecurity services including next-generation SIEM and pro-active threat defense. Additionally, Kudelski IoT entered a strategic collaboration with Axelera AI to develop secure, energy-efficient AI solutions at the edge. The Group is also restructuring operations to improve profitability, including a workforce reduction in 2025, while maintaining a strategic orientation toward innovation in quantum-resistant security and secure hardware IP for semiconductor manufacturers. Overall, Kudelski functions through key business segments: Core Digital Security (content protection and multimedia security), Kudelski Security (enterprise and public sector cybersecurity services), and Kudelski IoT (asset tracking and IoT security solutions), positioning itself as an essential partner for digital ecosystem security across multiple industries worldwide.