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SD Worx records double-digit growth and strengthens European position

earnings release

SD Worx, the leading European HR and payroll solutions provider, reported strong financial results for 2025. Consolidated revenues rose by 10.7% to EUR 1.307 billion. Consolidated adjusted EBITDA increased to EUR 271.2 million (+16.5%). The consolidated net result surpassed EUR 100 million for the first time, reaching EUR 101.4 million last year (+6.9%). This solid performance enables SD Worx to continue investing in scalable digital and AI platforms and compliant, high-quality solutions for customers across Europe.

Underpinning its organic growth, SD Worx advanced its product portfolio with major technology innovations: the company introduced continuous, real-time payroll technology for German employers, and expanded SD Worx Buddy, its all-in-one HR and payroll platform for SMEs. For larger enterprises, SD Worx strengthened Innovapay, its country-specific payroll framework integrated with SAP. Adoption of SD Worx’s digital and AI solutions continued to accelerate, with nearly 1.7 million unique users relying on mysdworx for daily HR and payroll transactions. AI-powered tools, ranging from customer service chatbots over AI-enabled coding and compliance tracking to automated reporting assistants, further enhanced efficiency and improved customer experience. 

SD Worx also further reinforced its European footprint through acquisitions. With the transaction of Socialea, SD Worx strengthened its position in France, Europe’s third largest payroll market, while broadening access to the fast-growing SME segment. In Italy, SD Worx acquired Labour Consulting, with deep local payroll and labour advisory expertise in the region of Emilia-Romagna.

    2025 was a pivotal year as we scaled across Europe and accelerated innovation for our customers. With targeted acquisitions, strong local teams and a rapidly expanding digital and AI ecosystem, we are strengthening our position as Europe’s leading HR and payroll solutions provider. Our mission remains unchanged: delivering compliant, user-friendly and personal HR and payroll solutions to our customers, powered by technology and backed by people.
    SDWorx_Teams_Kobe

    Kobe Verdonck

    CEO

    SD Worx

    Filip Dierckx, chairman of the Board of Directors at SD Worx: “Despite a challenging macroeconomic environment marked by slowing growth and more cautious customer decision making, we delivered a strong year. Our core business proved resilient and our disciplined cost management, automation and standardisation efforts, supported increasingly by AI, allowed us to protect margins and strengthen profitability. These results confirm the robustness of our strategy and give us confidence for the future.

    More details can be found in this report.

      About SD Worx

      SD Worx believes that success starts with people. A thriving workforce doesn’t just ​build a thriving company, ​it also contributes to society.​ Together with its customers, SD Worx sparks successful HR​ that benefits work, life and society.​ 

      As the trusted leading European HR and payroll solutions provider for all organisations and workers, SD Worx delivers software, services and expertise across payroll & reward, human capital management and workforce management. SD Worx has deep roots across Europe and has been leading the way for eight decades together ​with its customers, employers big and small, to spark ​employee engagement that ignites success at the heart of their ​business.​ 

      About 95,000 small and large organisations across Europe place their trust in SD Worx. The almost 10,000 colleagues operate in 27 countries. SD Worx calculates the salaries of approximately 6 million employees and ranks among the top five worldwide. It achieved a revenue of EUR 1.180 billion in 2024.  

      More info on www.sdworx.com / Follow us via LinkedIn  

      Press contact

      Pieter Goetgebuer
      Pieter GoetgebuerCommunications Director+32 (0)497 45 36 73