Information Technology
Quadient Q3 2025 sales: FY 2025 guidance confirmed as Digital and Lockers continue to deliver strong performance
Paris, 2 December 2025
(Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, today announces its 2025 third quarter and nine-month consolidated revenue (period ended on 31 October 2025).
Geoffrey Godet, Chief Executive Officer of Quadient S.A., stated:
came in at €765 million in 9M 2025, down 3.1% organically and down 4.0% on a reported basis, compared to 9M 2024. Reported growth includes a positive scope effect of €13 million, related to the acquisition of Package Concierge in December 2024 and, to a lesser extent, Serensia in June 2025. This was more than offset by a negative currency impact of
€19 million during the period. In Q3 2025, revenue came at €248 million, down 3.5% organically and down 5.6% on a reported basis compared to Q3 2024.
(€569 million, 74% of total sales) increased by 0.8% organically against 9M 2024, supported by strong momentum in Digital and Lockers, both delivering double-digit growth in subscription-related revenue over the first nine months of 2025. declined by 13.0% organically, with North America representing more than 80% of the decrease, mainly due to lower product placements.
, North America (58% of revenue) declined organically by 3.7%, a sharp contrast compared to past trends of consistent growth since Covid. This was mainly driven by the low US mail equipment renewal cycle following the latest decertification. The Main European countries (34% of revenue) recorded a 3.2% organic decline, with a notable positive trend in the UK region. The International segment (8% of revenue) was up 1.2% organically.
In 9M 2025, revenue from , and 6.0% on a reported basis (including Serensia acquisition scope effect) compared to 9M 2024.
This solid performance was fueled by a , with particularly good momentum in North America and the United Kingdom. of Digital total sales in 9M 2025, up from 83% in 9M 2024.
In Q3 2025, . This performance was driven by sustained subscription growth across all regions and a double-digit growth in non-recurring revenue, reflecting a higher number of license deals and stronger professional services.
At the end of October 2025, , representing an annualized over the first nine months of the year.
During the quarter, (CCM) solutions, with an 11% market share in 2024. Meanwhile, and 17th overall in the Top 250. These achievements underscore Quadient’s leadership in SaaS solutions for business process and communication management, a leadership further validated by nearly 1,650 new customers gained in the past nine months.
and reinforcing its leadership position with the acquisition of CDP Communications, a long-standing Canadian partner and one of the most innovative players in document accessibility and automation. This move reinforces Quadient’s commitment to digital innovation and to delivering advanced CCM technology that prioritizes accessibility in every communication. The acquisition is expected to be accretive to Digital EBITDA margin. The agreement was signed on 20 November 2025, with closing expected in December 2025.
It is the company’s second acquisition this year, following Serensia, which is complementing Quadient’s financial automation offer. (DGFIP), ahead of France’s national e-invoicing rollout. Serensia by Quadient continues to see strong commercial traction, adding in the quarter 50 million invoices to be processed annually, on top of more than 215 million invoices per year already secured for processing by 2026.
in 9M 2025, down 9.0% organically and 11.2% on a reported basis versus 9M 2024.
declined 17.3% organically in 9M 2025, with North America representing nearly 80% of the drop in mail equipment placements. This low point reflects the strong comparison base in H1 2024, which had benefited from the decertification boost (ended in Q4 2024). recorded a 5.2% organic decline in 9M 2025
and accounted for 72% of Mail total sales in 9M 2025, up from 69% in 9M 2024.
In Q3 2025, , reflecting a 16.7% drop in hardware sales, mainly due to the limited recovery in the US. Subscription-related revenue also decreased, impacted by a strong comparison base following last year’s rate changes in Germany and in the Nordics, with no similar adjustment in 2025.
Quadient is seeing , supported by improved trends in demand. The pipeline for Q4 2025 is tracking ahead of Q3 2025, and renewal opportunities for 2026 are higher than in 2025. Quadient continues to benefit from a dynamic market for large mail production sites, securing multiple significant deals in Europe and North America.
, with nine-month growth of 22% year-on-year, including a surge in financial automation bookings over the same period. In Q3 2025, Quadient also secured a major US federal agency deal, worth approximately USD1 million in Q3 2025.
During the quarter, Quadient launched its in the UK. The new iX-Series (4-6-8), combining hardware and software innovation, marks a major step in mail management’s digital transformation, offering intuitive design, faster access to information, and seamless integration with Quadient’s cloud-based ecosystem.
in 9M 2025, . including the positive contribution from Package Concierge (€12 million in 9M 2025).
in 9M 2025 while non-recurring revenue declined by 1.4% organically over the same period, driven by softer performance in North America. Overall, (up from 64% in 9M 2024).
, benefiting from:
in Q3 2025, mostly due to high comparison basis.
at the end of 9M 2025, adding around 500 new lockers in Q3 2025. Overall, the UK and French open networks have, together, expanded more than threefold since January 2024.
As part of its European expansion, , a country with high potential for network development. To ensure broad adoption, Quadient is establishing strong partnerships with major carriers and retailers and plans to install lockers in high-traffic locations. This strategy is illustrated by , which will expand its collection point network nationwide by leveraging hundreds of Quadient carrier-agnostic lockers to be deployed over the coming years, starting in key regions of Central and Northern Italy.
As part of its customer expansion strategy, both , growing twentyfold since January 2024. North America’s lockers network continues to show strong momentum, while volumes in Japan have been steadily increasing since Q3 2025.
, as updated on 24 September 2025:
Quadient will host a conference call and webcast today at 6:00 pm Paris time (5:00 pm London time).
To join the webcast, click on the following link: Webcast.
To listen to the presentation by phone, please register using the following link to receive the dial-in details: Conference call.
A replay of the webcast will also be available on Quadient’s Investor Relations website for 12 months.
Quadient is a global automation platform provider powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing.
For more information about Quadient, visit https://invest.quadient.com/en/.
Digital: New name for Intelligent Communication Automation
Mail: New name for Mail-Related Solutions
Lockers: New name for Parcel Locker Solutions
Attachment
2321 Rosecrans Avenue. Suite 2200
90245 El Segundo Stati Uniti