Swiss Lions rankings | 2026 edition
Kudelski
Kudelski is No. 13 in the Technology and Software ranking, with a score of 28.0 out of 100. It is not among the Swiss Lions 100 for 2026. Registered office: Cheseaux-sur-Lausanne, canton of Vaud.

- Swiss Lions score
- 28.0
- Swiss Lions 100
- Not in the 100 for 2026
- Technology and Software
- 13of 15
About
Cheseaux-sur-Lausanne-based digital security group, operating as NAGRA, that protects pay-TV and digital media content and provides cybersecurity and Internet of Things security, with offices in over 20 countries.
The Kudelski Group, which trades under the NAGRA name, provides digital security technology. Its Core Digital Security business supplies digital security and content protection to pay-TV operators, broadcasters and media companies. Kudelski Security, its cybersecurity division, offers managed detection and response and other security services to businesses, while Kudelski IoT secures connected devices. The company was founded in 1951 when Stefan Kudelski built the first Nagra tape recorder, and his son André Kudelski has led it as chairman and chief executive since 1991. It has dual headquarters in Cheseaux-sur-Lausanne and Phoenix, Arizona, reports in US dollars and is listed on the SIX Swiss Exchange.
- Content protection for pay-TV and digital media (NAGRA)
- Pay-TV and streaming security services
- Cybersecurity services (Kudelski Security)
- Managed detection and response
- IoT security (Kudelski IoT)
Links
How the score is made
Global scale
CHF 304m revenue.
Swiss value
Founded in Switzerland.
Global visibility
Online attention across languages, and worldwide search interest.
Impact
No current SBTi target. Not a certified B Corp.
Philanthropy
No charitable foundation found.
Impact and philanthropy together make up the impact measure. How the ranking works.
Key figures
- Revenue used in the ranking
- CHF 304m2025, company
Shares and listing
- Stock exchange
- SIX Swiss ExchangeTicker KUD (bearer shares)
- ISIN
- CH0012268360
- Market value
- CHF 78 millionAt the close on 23 October 2026. Source: stockanalysis.com.
- Free float
- 72.0%Of the listed bearer shares. The family holds unlisted registered shares with more votes. Source: nagra.com.
Profit, dividends and employee numbers are published in the company's annual report.
We have not found a published figure for employees in Switzerland for 2025 or 2026, and dividends paid to Swiss shareholders are not published, so neither is shown.
Profile
- Registered office
- Cheseaux-sur-LausanneCanton of Vaud
- Language region
- French-speaking
- Category
- Technology and Software
- Ownership
- Listed, family-controlledKudelski family
- Chief executive
- André KudelskiSince 1991. Source
- Chair
- André KudelskiSource
- Global reach
- Presence in 24 countriesSource
- Founded
- 1951
In Switzerland
- Cheseaux-sur-Lausanne VDHeadquarters
Over time
| Year | Revenue | Employees |
|---|---|---|
| 2025 | USD 371m | 1,600 |
| 2024 | USD 393m | – |
| 2023 | USD 419m | – |
As reported by the company, in its own reporting currency.
Milestones
- 1951Stefan Kudelski founds the company on building his first Nagra tape recorder.
- 1991André Kudelski succeeds his father as chairman and chief executive.
- 2024David Chétrit is appointed chief executive of Kudelski Security.
Also in Technology and Software
See all 15 brands in Technology and Software. Read the 2026 data story for Technology and Software.
Sources
- Revenue used in the ranking: Kudelski Group financial report 2025 (USD 366.6m) (2025).
- Company profile, sites, history and milestones: finanzen.net, nagra.com, thelocal.com, kudelskisecurity.com.
- Climate target: Science Based Targets initiative dashboard, status at 30 June 2026. Foundations: Swiss commercial register. B Corp: B Lab directory.
Something out of date?
If a figure is wrong, or Kudelski can publish figures for the next edition, tell us. Corrections are recorded with their source.


