Bumper year of profits for NZ's top tech companies
"The world economy is going through a major transition. That creates a significant opportunity" for Kiwi companies, an expert says.
New Zealand's leading technology firms are set to achieve another double-digit increase in global profits, according to the annual report by the Technology Investment Network (TIN200). The report highlights the growing potential for New Zealand's tech companies to capitalize on emerging market opportunities as the world economy transitions away from fossil fuels.
TIN200 managing director Greg Shanahan emphasized that these companies are well-positioned to lead in new sectors and strengthen their global market presence. Overall, revenue for the 200 largest globally-focused tech firms in New Zealand increased by 10% in 2025, with the top 10 companies seeing a combined revenue growth of $1.4 billion, which significantly outpaced the $400 million growth recorded by the top performers a decade ago.
BNZ's technology industries development manager, Josh Starkey, noted that the rising maturity of the sector underscores the sector's importance to New Zealand's economy. The report also noted that despite ongoing global political and economic uncertainties, factors such as a strengthening investment environment are supporting the continued expansion of New Zealand's globally-focused tech sector.
Written by urgent.news from RNZ Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
