NOD: Fourth quarter and preliminary full year results 2025

05 Feb 2026 07:00 CET

(Oslo, Norway – February 5, 2026) Nordic Semiconductor ASA reports revenue of
USD 170 million for the fourth quarter 2025, an increase of 13% from the fourth
quarter 2024. Gross margin was 55%, or 52% adjusted for part reversal of an
inventory write-down in 2024. Reported EBITDA was USD 15 million, whereas
adjusted EBITDA was USD 13 million.

Revenue for the full year 2025 increased 31% to USD 668 million, with gross
margin of 52%. Full year EBITDA was USD 67 million, corresponding to an EBITDA
margin of 10%.

-2025 was a good year for Nordic Semiconductor and we ended the year on a strong
note. We made solid progress both operationally, strategically and financially
during the year, and we are overall on track to the meet our long-term financial
ambitions, says CEO Vegard Wollan in Nordic Semiconductor.

On its CMD in 2024 Nordic outlined an ambition to generate average revenue
growth of more than 20% annually from 2024 through 2030, and to move towards its
operating model target of 25% EBITDA margin.

- Renewal of our product portfolio is key to capture our long-term growth
opportunity, and we have launched a broad portfolio of products in our new nRF54
Series for the Short-range market over the past year. We are now looking forward
to the launch of the new nRF92 for the Long-range cellular and satellite market,
which will further expand our addressable market opportunity in that market
segment, says Wollan.

Looking ahead, Nordic sees revenue in first quarter 2026 in the range of USD
175-195 million and expects the gross margin to remain above 50%.

Practical information:

CEO Vegard Wollan and CFO Pål Elstad will host a webcast presenting the fourth
quarter 2025 results today at 08:00 CET. The presentation will be held in
English and can be followed live via webcast on the IR pages at
www.nordicsemi.com, with a recorded version being made available after
conclusion of the presentation.

The virtual audience will be given the opportunity to ask questions through a
Q&A dial-in function.

Conference code : 286203

NO: +47 2195 6342
DK: +45 7876 8490
SE: +46 8 1241 0952
FR: +33 1 8122 12 59
UK: +44 203 769 6819
US: +1 646 787 0157
DE: +49 30 2178 9327

For further information, please contact:

Pål Elstad, CFO / EVP Finance - Nordic Semiconductor ASA Phone: +47 991 66 293

Ståle “Steel” Ytterdal, SVP IR - Nordic Semiconductor ASA Phone: +47 930 37 430

About Nordic Semiconductor:

Nordic Semiconductor has been a pioneer in ultra-low power wireless solutions,
from proprietary technologies for PC accessories to today’s Bluetooth low energy
and multiprotocol products and long-range cellular IoT solutions. Nordic
Semiconductor is the clear market leader in the ultra-low power wireless
segment, serving a growing market in consumer electronics, wearables, building
and retail, healthcare and an increasing number of other verticals and
applications. Nordic Semiconductor (NOD) is a public company listed on the Oslo
stock exchange in Norway.
For more information, go to www.nordicsemi.com

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Kine-Elena Reigstad, VP
International Finance, Nordic Semiconductor ASA, on February 5, 2026, at 07:00
CET.

More information:
Access the news on Oslo Bors NewsWeb site

664878_NOD Q4 2025 Report.pdf
664878_NOD Q4 2025 Presentation.pdf