New Zealand’s technology export sector posted record revenues of NZD $20 billion in the financial year 2025, an increase of 9.9% over the previous year. The performance highlights the growing economic importance of technology, cementing the sector as the country’s third largest export earner after dairy and tourism.<\/p>\n
Revenue growth<\/p>\n
The top 200 technology exporters, as ranked by the Technology Investment Network, generated NZD $20 billion in total revenue. Export earnings also reached a new high at NZD $15.31 billion, up 12.4% on the previous year. The report attributes this growth to consistent global demand and ongoing investment in research and development.<\/p>\n
High-Tech Manufacturing remained the main contributor, recording an 11.5% increase to NZD $9.8 billion. Information and communications technology (ICT) followed, growing 8.9% to NZD $8.93 billion. The biotechnology segment increased 4.9% to NZD $1.25 billion, reflecting New Zealand’s growing capabilities in health and life sciences.<\/p>\n
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“Reaching $20 billion in total revenue marks a major milestone for New Zealand’s tech sector. The data shows an industry that’s truly hitting its stride – powered by record R&D investment, rising profitability, and strong offshore demand. What we’re seeing is a globally competitive ecosystem that’s established, resilient, and firmly positioned at the centre of Aotearoa’s economic future,” said Narjis Adnan, Head of Research, Technology Investment Network.<\/p>\n
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Employment trends<\/p>\n
The sector’s employment base grew by 778 to reach 61,369 employees within the TIN200 companies. This reflects a sustained trend in high-value job creation and productivity gains across technology-focused industries. Offshore employment growth within the TIN200 has outpaced domestic expansion by almost three to one over the last decade, indicating a globalising workforce among New Zealand’s technology firms.<\/p>\n
Leading companies<\/p>\n
Xero and Fisher & Paykel Healthcare were the first companies in the TIN200 to achieve NZD $2 billion each in annual revenue. Other top performers included Fisher & Paykel Appliances, Datacom Group, and Rocket Lab. Collectively, 40 businesses now post revenues in excess of NZD $100 million, up from 19 in 2015. Sixty-seven firms report annual revenues above NZD $50 million.<\/p>\n
Regional performance<\/p>\n
Auckland remained the centre of activity, with NZD $10.5 billion in revenue generated. Wellington followed with NZD $5.2 billion. High-earning companies from these areas are engaged in diversified activities including advanced manufacturing, medical devices, software, and fintech.<\/p>\n
Capital investment<\/p>\n
Venture capital and early-stage funding activity increased, with NZD $467 million invested across 146 deals – up from NZD $349 million across 144 deals a year earlier. New entrants in cleantech, aerospace, and advanced manufacturing suggest diversification within the sector.<\/p>\n
Fintech and health technology industries have become particularly prominent, together accounting for nearly NZD $6 billion in revenue. New companies also feature in areas such as clean technology and advanced engineering, positioning New Zealand for future export-led growth.<\/p>\n
Long-term expansion<\/p>\n
Over the past decade, cumulative TIN200 revenue has grown by 123%, from NZD $8.95 billion in 2015. The number of companies earning NZD $200 million or more has increased from three in 2005 to nineteen today. Technology has increasingly been recognised as central to New Zealand’s long-term economic strategy, evolving into a key driver of export earnings and national prosperity.<\/p>\n
“The tech export sector continues to defy the economic headwinds that have slowed other industries. We’re seeing a more diverse, globally connected ecosystem of Kiwi companies competing at scale – from advanced manufacturing and aerospace to AI and fintech. This growth has been driven by a long-term focus on innovation, R&D investment and high-value jobs that are reshaping New Zealand’s economic future,” said Greg Shanahan, Managing Director, Technology Investment Network.<\/p>\n","protected":false},"excerpt":{"rendered":"New Zealand’s technology export sector posted record revenues of NZD $20 billion in the financial year 2025, an…\n","protected":false},"author":2,"featured_media":123878,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1402,6160,51,19585,1646,35352,111,13097,43,139,69,86497,14892,8183,86496,1287,52,86495],"class_list":["post-123877","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-zealand","tag-aerospace","tag-artificial-intelligence-ai","tag-auckland","tag-clean-technologies","tag-fintech","tag-ict-sector","tag-new-zealand","tag-new-zealand-nz","tag-news","tag-newzealand","tag-nz","tag-research-and-development-rd","tag-rocket-lab","tag-software","tag-technology-investment-network","tag-venture-capital","tag-wellington","tag-xero"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/123877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=123877"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/123877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/123878"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=123877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=123877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=123877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}