{"id":588091,"date":"2026-09-02T16:02:17","date_gmt":"2026-09-02T16:02:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/588091\/"},"modified":"2026-09-02T16:02:17","modified_gmt":"2026-09-02T16:02:17","slug":"bumper-year-of-profits-for-nzs-top-tech-companies","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/588091\/","title":{"rendered":"Bumper year of profits for NZ’s top tech companies"},"content":{"rendered":"

New Zealand’s top 200 tech companies are on track for another year of double-digit global growth.<\/p>\n

The Technology Investment Network TIN200 annual report on New Zealand’s 200 largest globally focused technology companies, indicates continued export momentum across a range of sectors.<\/p>\n

TIN managing director Greg Shanahan said the global economy’s shift away from fossil fuels was changing trading patterns and positioned New Zealand’s technology exporters to take advantage of emerging opportunities.<\/p>\n

“The world economy is going through a major transition. That creates a significant opportunity for globally ambitious New Zealand technology companies to step forward, lead in emerging sectors, and strengthen their position in global markets,” he said.<\/p>\n

\"pollution<\/p>\n

The move away from fossil fuels is among key factors, Greg Shanahan says.<\/p>\n

123RF<\/p>\n

The growth was across a range of companies operating across information and communications technology (ICT), high-tech manufacturing and biotech.<\/p>\n

TIN200 companies increased revenues by NZ$1.8 billion or 10 percent in 2025 over 2024.<\/p>\n

The report says growth among larger companies was notable, with the ten highest revenue growth companies seeing combined revenues in 2025 up $1.4b, which was more than triple the $400 million growth recorded by the top ten growth companies a decade earlier (2015).<\/p>\n

‘Growing maturity’<\/p>\n

BNZ technology industries development manager Josh Starkey said the growing maturity was an important development for the wider New Zealand economy.<\/p>\n

“From BNZ’s perspective, this growing maturity reinforces the importance of technology industries to the New Zealand economy. We are proud to support many of our country’s technology companies as they grow, innovate, and expand into international markets,” Starkey said.<\/p>\n

“This trend reflects the increasing maturity of the sector, with more New Zealand technology companies reaching meaningful global scale.”<\/p>\n

\"Close-up<\/p>\n

Some companies are “reaching meaningful global scale”, a BNZ manager says.<\/p>\n

d3sign<\/p>\n

While the report indicates ongoing global political and economic uncertainty, it points to several factors supporting continued expansion for New Zealand’s globally focused technology companies, as follows:<\/p>\n

Market disruption creates opportunityCurrency advantageGreater scale across the sectorExpansion in emerging marketsUS market resilienceInvestment recoveryMore funding options availableEvolving business models<\/p>\n

The report said the strengthening investment environment was another important part of the sector’s growth story.<\/p>\n

“Our ecosystem has created world-leading value from a modest capital base,” NZ Growth Partners investment director Jacques Richter said.<\/p>\n

TIN head of research Narjis Adnan said current conditions provide a strong foundation for continued growth across the technology sector.<\/p>\n

“We expect TIN200 revenues to continue their strong growth in 2026,” he said.<\/p>\n

“More companies are reaching meaningful global scale, creating a stronger and more resilient technology sector with the capacity to compete and grow across international markets.”<\/p>\n

Maintaining access to the right talent will therefore be critical to sustaining this growth.<\/p>\n

“The growth forecast for the TIN200 is another strong signal of the opportunity ahead for New Zealand’s technology sector, which continues to punch above its weight globally,” Adnan said.<\/p>\n

The full 2026 TIN report is expected to be released on 5 November.<\/p>\n","protected":false},"excerpt":{"rendered":"New Zealand’s top 200 tech companies are on track for another year of double-digit global growth. The Technology…\n","protected":false},"author":2,"featured_media":588092,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138,111,139,69],"class_list":["post-588091","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/588091","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=588091"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/588091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/588092"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=588091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=588091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=588091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}