Technogym stock holds after 2025 sales rose 14.5%

Technogym stock combines 2025 revenue growth of 14.5% with an adjusted EBITDA margin of 23.4% and net profit of EUR 68.2 million. The sports-equipment maker also reported net financial debt of EUR 150.8 million at year-end 2025.

Technogym (IT0005162406) has a 2025 revenue base of EUR 891.3 million, up 14.5% year on year, while adjusted EBITDA reached EUR 208.9 million and the adjusted EBITDA margin improved to 23.4%. Net profit for 2025 came in at EUR 68.2 million, and net financial debt stood at EUR 150.8 million at 31 December 2025.

2025 margin improved

The 14.5% revenue increase and the 23.4% adjusted EBITDA margin matter because they show that growth translated into profitability rather than volume alone. In the same 2025 report, Technogym said revenue reached EUR 891.3 million, giving investors a full-year base that is larger than the prior year by EUR 112.7 million.

That comparison is useful because it links the top line to the operating result: adjusted EBITDA of EUR 208.9 million produced EUR 68.2 million of net profit in 2025. Net financial debt of EUR 150.8 million at year-end also keeps the balance sheet in view.

Debt stayed contained

Net financial debt of EUR 150.8 million at 31 December 2025 was modest relative to EUR 891.3 million in revenue. That ratio suggests the company entered 2026 with room to keep investing in product, distribution, and brand without a stretched capital structure.

The operating mix also improved: a 23.4% adjusted EBITDA margin on 2025 sales of EUR 891.3 million indicates more efficient conversion of revenue into operating profit. For investors, the margin now matters more than the growth rate alone.

Treadmills and bikes

Technogym sells connected fitness and wellness equipment across home, professional, and medical channels, with treadmills, bikes, strength systems, and digital services forming the core range. Those product lines matter because the company’s 2025 revenue growth and margin expansion were built on a business mix that reaches both consumer and institutional buyers.

The product angle is relevant to the financial profile: higher-margin connected equipment and services can support the 23.4% adjusted EBITDA margin recorded in 2025. The mix also helps explain why a company with EUR 891.3 million of revenue can still post EUR 68.2 million of net profit and keep net debt at EUR 150.8 million.

Shares and valuation

Technogym stock traded in Milan, but a dated live quote was not available in the material used for this article, so the focus stays on the 2025 financial metrics and balance-sheet position. The stock story is therefore anchored to the company’s full-year 2025 report, not to a short-term price move.

For market readers, the key point is that Technogym combined EUR 891.3 million of sales, EUR 208.9 million of adjusted EBITDA, and EUR 68.2 million of net profit in 2025, while net financial debt ended the year at EUR 150.8 million. That is the data set that best frames the share case until a fresh market move provides a new catalyst.

Technogym stock facts

Technogym stock facts

• Company: Technogym S.p.A.
• ISIN: IT0005162406
• Ticker: BIT: TGYM
• Trading venue: Borsa Italiana
• Sector / Industry: Consumer Discretionary / Leisure Products
• Index membership: FTSE Italia Mid Cap