Charging Services Revenues was NaaS Technology’s largest revenue line in fiscal 2025, bringing in $118.82M of $125.14M (95%).
| Products and services [axis] | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Charging Services Revenues | $82.59M | $129.43M | $169.09M | $118.82M | ||
| Charging Services | — | — | — | — | ||
| Energy Solutions Revenues | $8.12M | $100.55M | $25.52M | $765.00K | ||
| Online Ev Charging Solutions | — | — | — | — | ||
| New Initiatives Revenues | $2.11M | $3.38M | $6.37M | $5.56M | ||
| Offline Ev Charging Solutions | — | — | — | — | ||
| Innovative & Other Businesses | — | — | — | — | ||
| Total | $92.81M | $233.36M | $200.98M | $125.14M |
NaaS Technology brought in $125.14M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 37.7% from $200.98M in fiscal 2024. Charging Services Revenues was the largest at $118.82M (94.9%), ahead of New Initiatives Revenues at $5.56M (4.4%) and Energy Solutions Revenues at $765.00K (0.6%).
Compared with fiscal 2024, New Initiatives Revenues fell 12.7% to $5.56M and Charging Services Revenues fell 29.7% to $118.82M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $92.81M to $125.14M, a compound annual growth rate of 10.5%. Charging Services Revenues' share of the total rose from 89.0% to 94.9%.
Goods & Services Transferred At A Point In Time was NaaS Technology’s largest revenue line in fiscal 2025, bringing in $124.73M of $125.14M (100%).
| Timing of transfer of goods or services [axis] | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Goods & Services Transferred At A Point In Time | — | $145.64M | $190.20M | $124.73M | |
| Goods Or Services Transferred At Point In Time | $92.81M | — | — | — | |
| Goods & Services Transferred Over Time | — | $87.72M | $10.77M | $410.00K | |
| Total | $92.81M | $233.36M | $200.98M | $125.14M |
NaaS Technology brought in $125.14M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 37.7% from $200.98M in fiscal 2024. Goods & Services Transferred At A Point In Time was the largest at $124.73M (99.7%), ahead of Goods & Services Transferred Over Time at $410.00K (0.3%).
NaaS Technology began breaking out Goods & Services Transferred At A Point In Time in fiscal 2023 and Goods & Services Transferred Over Time in fiscal 2023. NaaS Technology stopped reporting Goods Or Services Transferred At Point In Time as a separate revenue line after fiscal 2022, when it brought in $92.81M.
As Filed was NaaS Technology’s largest revenue line in fiscal 2021, bringing in $17.77M of $33.45M (53%).
| Retrospective application and retrospective restatement [axis] | FY 2020 | FY 2021 |
|---|---|---|
| As Filed | $5.83M | $17.77M |
| Restatement Adjustments | $331.00K | $15.68M |
| Total | $6.16M | $33.45M |
NaaS Technology brought in $33.45M from its two revenue lines in fiscal 2021, the year ended December 31, 2021. That was up 442.8% from $6.16M in fiscal 2020. As Filed was the largest at $17.77M (53.1%), ahead of Restatement Adjustments at $15.68M (46.9%).
Compared with fiscal 2020, Restatement Adjustments grew 4,636.9% to $15.68M and As Filed grew 204.8% to $17.77M.
NaaS Technology (NAAS) reports its revenue by products and services [axis], by timing of transfer of goods or services [axis] and by retrospective application and retrospective restatement [axis]. In fiscal 2025, Charging Services Revenues was its largest revenue line, bringing in $118.82M (94.9% of the total), followed by New Initiatives Revenues at $5.56M (4.4%).
Charging Services Revenues was NaaS Technology's largest revenue line in fiscal 2025, bringing in $118.82M, or 94.9% of the $125.14M total across its three revenue lines.
Restatement Adjustments grew faster than As Filed in fiscal 2021, up 4,636.9% from $331.00K to $15.68M. As Filed grew 204.8% to $17.77M.
Every figure comes from NaaS Technology's annual financial filings, as reported. Each line keeps the name NaaS Technology gives it, and years follow its fiscal calendar.
NaaS Technology's revenue by products and services [axis] goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.