OverviewSuggest Edit

Hexagon is a company that provides information technology solutions for geospatial and industrial landscapes. It operates in two segments: Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS). The IES segment offers sensor technologies such as coordinate measurement machines (CMM), laser trackers, and scanners. It also includes software for CAD&(computer-aided design), CAM (computer-aided manufac- turing) and CAE (computer-aided engineering). The GIS segment provides sensors for capturing data from land and air, as well as for positioning through satellites. Besides, it offers GIS software for the creation of 3D maps and models used in surveying, construction, public safety, and agriculture areas.

TypePublic
Founded1992
HQStockholm, SE
Websitehexagon.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)20,250(+6%)
Job Openings1
Revenue (FY, 2019)€3.9 B(+4%)
Share Price (Jan 2021)KR753.6
Cybersecurity ratingBMore

Key People/Management at Hexagon

Ola Rollen

Ola Rollen

Member of the Board, President and CEO
Steven Cost

Steven Cost

President, Safety & Infrastructure
Robert Belkic

Robert Belkic

Chief Financial Officer and Executive Vice President
Burkhard Boeckem

Burkhard Boeckem

Chief Technology Officer
Kristin Christensen

Kristin Christensen

Chief Marketing Officer
Juergen Dold

Juergen Dold

President, GSI
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Hexagon Office Locations

Hexagon has offices in Stockholm, Madison, Tucson, Florianópolis and in 4 other locations
Stockholm, SE (HQ)
LILLA BANTORGET 15
Stockholm, SE
Jakobsbergsgatan 24
Florianópolis, BR
Rod. José Carlos Daux, 7001 - Santo Antonio de Lisboa
Calgary, CA
10921 14 St NE
Gurugram, IN
Sector 53
Heerbrugg, CH
Heinrich-Wild-Strasse 201
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Hexagon Financials and Metrics

Hexagon Revenue

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Hexagon's revenue was reported to be €3.91 b in FY, 2019 which is a 3.9% increase from the previous period.
EUR

Revenue (Q1, 2020)

889.9m

Gross profit (Q1, 2020)

571.6m

Gross profit margin (Q1, 2020), %

64.2%

Net income (Q1, 2020)

153.0m

EBIT (Q1, 2020)

192.4m

Market capitalization (15-Jan-2021)

277.0b

Closing stock price (15-Jan-2021)

753.6

Cash (31-Mar-2020)

403.6m

EV

279.0b
Hexagon's current market capitalization is kr277 b.
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.0b3.1b3.4b3.8b3.9b

Revenue growth, %

17%3%10%9%4%

Cost of goods sold

1.2b1.2b1.3b1.4b1.5b

Gross profit

1.8b1.9b2.1b2.3b2.5b
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Depreciation and Amortization

233.9m284.7m284.0m387.7m

Inventories

(6.8m)(10.8m)(19.0m)9.3m

Cash From Operating Activities

774.2m878.6m951.9m1.1b

Purchases of PP&E

(54.3m)(54.7m)(156.5m)(125.4m)
EURFY, 2015

Revenue/Employee

191.5k
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Hexagon Operating Metrics

FY, 2018FY, 2019

Countries

50 50

Patents Issued

3.70 k3.70 k
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Hexagon Acquisitions / Subsidiaries

Company NameDateDeal Size
Blast Movement TechnologyJanuary 08, 2020
BricsysOctober 23, 2018
External ArrayAugust 14, 2018
LSE SrlAugust 10, 2018
Guardvant IncAugust 07, 2018
Geosurf CorporationAugust 01, 2018
SPRING Technologies SASJune 19, 2018
AutonomouStuffJune 02, 2018
NextSense GmbHMay 15, 2018
ProCAMApril 20, 2018
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Hexagon Revenue Breakdown

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Hexagon revenue breakdown by business segment: 50.5% from INDUSTRIAL ENTERPRISE SOLUTIONS and 49.5% from GEOSPATIAL ENTERPRISE SOLUTIONS

Hexagon revenue breakdown by geographic segment: 27.5% from Asia, 35.1% from Americas and 37.4% from EMEA

Hexagon Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Hexagon Online and Social Media Presence

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Hexagon News and Updates

Hexagon strengthens capabilities to serve rapidly evolving architecture, engineering, and construction (AEC) ecosystem with the acquisition of OxBlue

NACKA STRAND, Sweden, Dec. 18, 2020 /PRNewswire/ -- Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the acquisition of OxBlue, a leader in construction visualisation technology designed to capture the life of a job site, start to finish. OxBlue's...

Worldwide Remote Sensing Technology Industry to 2026 - Featuring General Dynamics, Hexagon and Lockheed Martin Among Others

Dublin, Dec. 14, 2020 (GLOBE NEWSWIRE) -- The "Global Remote Sensing Technology Market By Technology, By Platform, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. The Global Remote Sensing Technology Market size is …

Polyimide Hexagon Nuts Market Size, Share, Development by 2025

According to this study, over the next five years the Polyimide Hexagon Nuts market will register a xx%% CAGR in terms of revenue, the global market size will reach $ xx million by 2025, from $ xx million in 2019. In particular, this report presents the global revenue market share of key companies i…

Global PFA Hexagon Nuts Market Status Report COVID 19 Impact Analysis

The PFA Hexagon Nuts market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, r…

Global PTFE Hexagon Nuts Revenue, Gross Margin and Market Share (2020-2025)

The PTFE Hexagon Nuts market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, …
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Hexagon Blogs

Streamline Your Vessel Design & Analysis with PV Elite 23

Hexagon’s PPM division announces the release of PV Elite 23, a complete solution for vessel and heat exchanger design, analysis and evaluation. Fabricators, owner operators, EPCs and engineering consultants have used PV Elite to confidently design equipment for the most extreme uses and have done so…

Prokon Refurbishes Oil & Gas Facility in Record Time with Hexagon

Prokon LLC – a full-service Azerbaijani construction, engineering, procurement and project management company – was hired by a client to reconstruct and modernize an existing oil refinery. The project’s goal was to maximize efficiency and shorten the facility’s downtime. This blog post features the …

In Difficult Times, ‘Together’ is the Way to Go

Every January, I bring the PPM sales and marketing teams together for an internal event we call Sales Kickoff. Usually, we all meet in person and have a great time learning and sharing. As one would expect, we did it differently this year … virtually, just as we’ve done most of life the past ten [..…

AI’s prevalence in daily life is increasing

Anyone who’s ever watched movies where artificial intelligence (AI) plays a key role might have a reason to fear it. There are dozens of “technology gone wrong” examples in books and movies, but they are strictly imaginative works of science fiction, with an emphasis on fiction. You may not realize …

Five steps to improve your automation preparedness in metrology

According to the World Economic Forum, 29% of work tasks are performed by machines. The organisation estimates this will grow to 52% in 2025. In a recent blog, we discussed how COVID-19 has accelerated the adoption of automation. There’s no doubt that automation is happening right now. It may alread…

The importance of software maintenance

When organisations want to drive manufacturing efficiency, what ideas typically enter the discussion?  No doubt a number of initiatives will be near the top of many manufacturers’ must-have lists: automating processes; connecting data across different departments and eliminating silos; investing in …
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Hexagon Frequently Asked Questions

  • When was Hexagon founded?

    Hexagon was founded in 1992.

  • Who are Hexagon key executives?

    Hexagon's key executives are Ola Rollen, Steven Cost and Robert Belkic.

  • How many employees does Hexagon have?

    Hexagon has 20,250 employees.

  • What is Hexagon revenue?

    Latest Hexagon annual revenue is €3.9 b.

  • What is Hexagon revenue per employee?

    Latest Hexagon revenue per employee is €193 k.

  • Who are Hexagon competitors?

    Competitors of Hexagon include Analytical Graphics, TE Connectivity and Raytheon Technologies.

  • Where is Hexagon headquarters?

    Hexagon headquarters is located at LILLA BANTORGET 15, Stockholm.

  • Where are Hexagon offices?

    Hexagon has offices in Stockholm, Madison, Tucson, Florianópolis and in 4 other locations.

  • How many offices does Hexagon have?

    Hexagon has 9 offices.