Research · refreshed nightly · August 17, 2026
Europe's Top Growth Companies (October 2026)
European growth companies ranked.
Europe's top growth companies no longer run on software alone. Sixty companies made the list, and the top is a mix of Swedish, Swiss and German names. Sweden's Plejd leads at an MGI of 75, BELIMO of Switzerland follows at 73, and Rheinmetall, a $76B defense name, shares 71 with RENK.
The median MGI of 65 makes this one of the deeper lists in our coverage; quality holds well past the top ten. The strangest number sits in the per-share column: RENK compounded revenue per share 251% a year against 15% headline growth, a gap with a story behind it. Click any company for the full citation-backed analysis.
60companies qualify
67median MGI
8joined this week
The ranking
Sorted by MGI
1
Goodwin PLCGDWN.GB🇬🇧
Revenue +13%/yr · +13%/yr per share · scale economics
G 76V 58O 79Cap $2.1B
MGI
76
MVI
58
MTI
29
MOI
79
Cap
$2.1B
Growth
+15%2
Plejd ABPLEJD.SE🇸🇪
Revenue +28%/yr · +27%/yr per share · asset light
G 75V 68O 81Cap $858.6M
MGI
75
MVI
68
MTI
35
MOI
81
Cap
$858.6M
Growth
+28%3
Ascendis Pharma A/SASND🇩🇰
Revenue +167%/yr · +159%/yr per share · asset light
G 75V 55O 77Cap $18.3B
MGI
75
MVI
55
MTI
43
MOI
77
Cap
$18.3B
Growth
+144%4
Arm Holdings plcARM🇬🇧
Revenue +21%/yr · +20%/yr per share · asset light
G 74V 33O 65Cap $338.6B
MGI
74
MVI
33
MTI
46
MOI
65
Cap
$338.6B
Growth
+22%5
SN
Synektik S.A.SNT.PL🇵🇱
Revenue +48%/yr · +48%/yr per share · scale economics
G 73V 60O 76Cap $764M
MGI
73
MVI
60
MTI
46
MOI
76
Cap
$764M
Growth
+48%6
Sectra ABSECT.B.SE🇸🇪
Revenue +15%/yr · +15%/yr per share · asset light
G 71V 52O 71Cap $5.0B
MGI
71
MVI
52
MTI
28
MOI
71
Cap
$5.0B
Growth
+13%7
Frequentis AGFQT.AT🇦🇹
Revenue +15%/yr · +15%/yr per share · asset light
G 71V 72O 80Cap $994M
MGI
71
MVI
72
MTI
35
MOI
80
Cap
$994M
Growth
+21%8
argenx SEARGX🇳🇱
Revenue +58%/yr · +50%/yr per share · asset light
G 71V 57O 74Cap $55.6B
MGI
71
MVI
57
MTI
43
MOI
74
Cap
$55.6B
Growth
+60%9
Lotus Bakeries NVLOTB.BE🇧🇪
Revenue +14%/yr · +14%/yr per share · asset light
G 71V 41O 66Cap $11.3B
MGI
71
MVI
41
MTI
33
MOI
66
Cap
$11.3B
Growth
+10%10
FOPE S.p.A.FPE.IT🇮🇹
Revenue +27%/yr · +26%/yr per share · asset light
G 70V 62O 74Cap $247.5M
MGI
70
MVI
62
MTI
42
MOI
74
Cap
$247.5M
Growth
+27%11
Diploma PLCDPLM.GB🇬🇧
Revenue +15%/yr · +13%/yr per share · scale economics
G 70V 55O 73Cap $12.1B
MGI
70
MVI
55
MTI
37
MOI
73
Cap
$12.1B
Growth
+12%12
Eagle Eye Solutions Group plcEYE.GB🇬🇧
Revenue +17%/yr · +11%/yr per share · asset light
G 70V 66O 75Cap $203.5M
MGI
70
MVI
66
MTI
42
MOI
75
Cap
$203.5M
Growth
+11%13
On Holding AGONON🇨🇭
Revenue +35%/yr · +31%/yr per share · asset light
G 70V 64O 75Cap $12.7B
MGI
70
MVI
64
MTI
40
MOI
75
Cap
$12.7B
Growth
+35%14
Kuros Biosciences LtdKURN.CH🇨🇭
Revenue +63%/yr · +56%/yr per share · asset light
G 70V 58O 73Cap $1.1B
MGI
70
MVI
58
MTI
43
MOI
73
Cap
$1.1B
Growth
+72%15
AL
Allegro.eu S.A.ALE.PL🇵🇱
Revenue +17%/yr · +17%/yr per share · asset light
G 70V 75O 78Cap $7.2B
MGI
70
MVI
75
MTI
44
MOI
78
Cap
$7.2B
Growth
+17%16
ASM International N.V.ASM.NL🇳🇱
Revenue +14%/yr · +14%/yr per share · asset light
G 70V 45O 68Cap $53.8B
MGI
70
MVI
45
MTI
42
MOI
68
Cap
$53.8B
Growth
+7%17
Trainline plcTRN.GB🇬🇧
Revenue +25%/yr · +28%/yr per share · asset light
G 69V 69O 75Cap $1.1B
MGI
69
MVI
69
MTI
53
MOI
75
Cap
$1.1B
Growth
+2%18
tonies SETNIE.DE🇩🇪
Revenue +36%/yr · +9%/yr per share · asset light
G 69V 65O 75Cap $1.6B
MGI
69
MVI
65
MTI
40
MOI
75
Cap
$1.6B
Growth
+31%19
Adyen N.V.ADYEN.NL🇳🇱
Revenue +21%/yr · +20%/yr per share · asset light
G 69V 60O 73Cap $34.4B
MGI
69
MVI
60
MTI
45
MOI
73
Cap
$34.4B
Growth
+19%20
Tatton Asset Management plcTAM.GB🇬🇧
Revenue +14%/yr · +14%/yr per share · scale economics
G 69V 65O 74Cap $527.6M
MGI
69
MVI
65
MTI
37
MOI
74
Cap
$527.6M
Growth
+20%21
Wise Group plcWSE🇬🇧
Revenue +29%/yr · +22%/yr per share · asset light
G 69V 58O 72Cap $12.5B
MGI
69
MVI
58
MTI
46
MOI
72
Cap
$12.5B
Growth
+20%22
Nordrest Holding ABNREST.SE🇸🇪
Revenue +38%/yr · +31%/yr per share · scale economics
G 69V 68O 74Cap $383.6M
MGI
69
MVI
68
MTI
45
MOI
74
Cap
$383.6M
Growth
+30%23
Anpario plcANP.GB🇬🇧
Revenue +9%/yr · +13%/yr per share · asset light
G 69V 63O 73Cap $112.1M
MGI
69
MVI
63
MTI
33
MOI
73
Cap
$112.1M
Growth
+24%24
RENK Group AGR3NK.DE🇩🇪
Revenue +15%/yr · +252%/yr per share · asset light
G 68V 59O 72Cap $5.4B
MGI
68
MVI
59
MTI
34
MOI
72
Cap
$5.4B
Growth
+4%25
Exosens S.A.EXENS.FR🇫🇷
Revenue +20%/yr · +1%/yr per share · asset light
G 68V 54O 70Cap $3.7B
MGI
68
MVI
54
MTI
44
MOI
70
Cap
$3.7B
Growth
-18%26
STIF S.A.ALSTI.FR🇫🇷
Revenue +42%/yr · -73%/yr per share · asset light
G 68V 60O 71Cap $314.6M
MGI
68
MVI
60
MTI
38
MOI
71
Cap
$314.6M
Growth
+48%27
AutoStore Holdings Ltd.AUTO.NO🇳🇴
Revenue +16%/yr · +14%/yr per share · asset light
G 67V 52O 68Cap $5.3B
MGI
67
MVI
52
MTI
46
MOI
68
Cap
$5.3B
Growth
-89%28
Volution Group plcFAN.GB🇬🇧
Revenue +10%/yr · +10%/yr per share · asset light
G 67V 56O 70Cap $1.8B
MGI
67
MVI
56
MTI
35
MOI
70
Cap
$1.8B
Growth
+6%29
NKT A/SNKT.DK🇩🇰
Revenue +14%/yr · +9%/yr per share · scale economics
G 67V 49O 67Cap $7.3B
MGI
67
MVI
49
MTI
38
MOI
67
Cap
$7.3B
Growth
+3%30
Indra Sistemas, S.A.IDR.ES🇪🇸
Revenue +13%/yr · +15%/yr per share · asset light
G 67V 58O 70Cap $11.4B
MGI
67
MVI
58
MTI
38
MOI
70
Cap
$11.4B
Growth
-47%31
Safran SASAF.FR🇫🇷
Revenue +17%/yr · +19%/yr per share · scale economics
G 67V 49O 67Cap $169.6B
MGI
67
MVI
49
MTI
38
MOI
67
Cap
$169.6B
Growth
+13%32
Saab ABSAAB.B.SE🇸🇪
Revenue +18%/yr · +17%/yr per share · scale economics
G 67V 56O 69Cap $32.4B
MGI
67
MVI
56
MTI
38
MOI
69
Cap
$32.4B
Growth
+61%33
CVC Capital Partners plcCVC.GB🇬🇧
Revenue +26%/yr · +10%/yr per share · asset light
G 66V 56O 68Cap $17.7B
MGI
66
MVI
56
MTI
38
MOI
68
Cap
$17.7B
Growth
+19%34
innoscripta SE1INN.DE🇩🇪
Revenue +43%/yr · +13%/yr per share · asset light
G 66V 70O 73Cap $867.5M
MGI
66
MVI
70
MTI
53
MOI
73
Cap
$867.5M
Growth
+58%35
IVU Traffic Technologies AGIVU.DE🇩🇪
Revenue +10%/yr · +11%/yr per share · asset light
G 66V 62O 70Cap $455.5M
MGI
66
MVI
62
MTI
38
MOI
70
Cap
$455.5M
Growth
+10%36
Rheinmetall AGRHM.DE🇩🇪
Revenue +13%/yr · +11%/yr per share · asset light
G 66V 57O 70Cap $59.2B
MGI
66
MVI
57
MTI
35
MOI
70
Cap
$59.2B
Growth
-16%37
Halma plcHLMA.GB🇬🇧
Revenue +12%/yr · +12%/yr per share · asset light
G 66V 47O 65Cap $19.2B
MGI
66
MVI
47
MTI
40
MOI
65
Cap
$19.2B
Growth
+15%38
Planisware SAPLNW.FR🇫🇷
Revenue +14%/yr · +14%/yr per share · asset light
G 66V 55O 68Cap $2.1B
MGI
66
MVI
55
MTI
42
MOI
68
Cap
$2.1B
Growth
+8%39
ChemoMetec A/SCHEMM.DK🇩🇰
Revenue +15%/yr · +15%/yr per share · asset light
G 66V 39O 62Cap $1.9B
MGI
66
MVI
39
MTI
42
MOI
62
Cap
$1.9B
Growth
+22%40
Paxman ABPAX.GB🇬🇧
Revenue +27%/yr · +20%/yr per share · asset light
G 65V 62O 69Cap $127.1M
MGI
65
MVI
62
MTI
24
MOI
69
Cap
$127.1M
Growth
+33%41
LB
Lubawa S.A.LBW.PL🇵🇱
Revenue +19%/yr · +19%/yr per share · scale economics
G 65V 68O 71Cap $351.2M
MGI
65
MVI
68
MTI
33
MOI
71
Cap
$351.2M
Growth
+19%42
Addtech ABADDT.B.SE🇸🇪
Revenue +12%/yr · +12%/yr per share · scale economics
G 65O 65Cap $9.5B
MGI
65
MTI
38
MOI
65
Cap
$9.5B
Growth
+7%43
PharmaNutra S.p.A.PHN.IT🇮🇹
Revenue +16%/yr · +16%/yr per share · asset light
G 65V 56O 67Cap $753.3M
MGI
65
MVI
56
MTI
35
MOI
67
Cap
$753.3M
Growth
+25%44
Carel Industries S.p.A.CRL.IT🇮🇹
Revenue +10%/yr · +8%/yr per share · asset light
G 65V 54O 67Cap $3.7B
MGI
65
MVI
54
MTI
42
MOI
67
Cap
$3.7B
Growth
+9%45
ALK-Abelló A/SALK.B.DK🇩🇰
Revenue +11%/yr · +11%/yr per share · asset light
G 65V 55O 68Cap $7.4B
MGI
65
MVI
55
MTI
32
MOI
68
Cap
$7.4B
Growth
+16%46
INVISIO ABIVSO.DK🇩🇰
Revenue +26%/yr · +26%/yr per share · asset light
G 65V 53O 66Cap $1.4B
MGI
65
MVI
53
MTI
31
MOI
66
Cap
$1.4B
Growth
+53%47
Friedrich Vorwerk Group SEVH2.DE🇩🇪
Revenue +22%/yr · +22%/yr per share · asset light
G 65V 69O 73Cap $1.6B
MGI
65
MVI
69
MTI
37
MOI
73
Cap
$1.6B
Growth
+5%48
LIMES Schlosskliniken AGLIK.DE🇩🇪
Revenue +37%/yr · +37%/yr per share · asset light
G 65V 64O 70Cap $202.3M
MGI
65
MVI
64
MTI
27
MOI
70
Cap
$202.3M
Growth
+34%49
AJ Bell plcAJB.GB🇬🇧
Revenue +19%/yr · +19%/yr per share · asset light
G 65V 53O 66Cap $2.9B
MGI
65
MVI
53
MTI
50
MOI
66
Cap
$2.9B
Growth
+18%50
Sportradar Group AGSRAD🇨🇭
Revenue +20%/yr · +14%/yr per share · asset light
G 65V 73O 78Cap $4.6B
MGI
65
MVI
73
MTI
45
MOI
78
Cap
$4.6B
Growth
+19%51
ATOSS Software SEAOF.DE🇩🇪
Revenue +16%/yr · +16%/yr per share · asset light
G 65V 61O 69Cap $1.5B
MGI
65
MVI
61
MTI
32
MOI
69
Cap
$1.5B
Growth
+11%52
Partners Group Holding AGPGHN.CH🇨🇭
Revenue +13%/yr · +13%/yr per share · asset light
G 65V 54O 66Cap $27.2B
MGI
65
MVI
54
MTI
47
MOI
66
Cap
$27.2B
Growth
+22%53
3i Group plcIII.GB🇬🇧
Revenue +9%/yr · +9%/yr per share · asset light
G 65V 55O 68Cap $35.7B
MGI
65
MVI
55
MTI
40
MOI
68
Cap
$35.7B
Growth
+5%54
ActiveOps PLCAOM.GB🇬🇧
Revenue +13%/yr · -46%/yr per share · asset light
G 64V 65O 68Cap $186.4M
MGI
64
MVI
65
MTI
42
MOI
68
Cap
$186.4M
Growth
+14%55
Axon Partners Group S.A.APG.ES🇪🇸
Revenue +20%/yr · +19%/yr per share · asset light
G 64V 66O 68Cap $96.6M
MGI
64
MVI
66
MTI
42
MOI
68
Cap
$96.6M
Growth
+17%56
Stille ABSTIL.SE🇸🇪
Revenue +27%/yr · +13%/yr per share · asset light
G 64V 63O 67Cap $192.5M
MGI
64
MVI
63
MTI
36
MOI
67
Cap
$192.5M
Growth
+45%57
Photocure ASAPHO.NO🇳🇴
Revenue +13%/yr · +14%/yr per share · asset light
G 64V 62O 67Cap $193.3M
MGI
64
MVI
62
MTI
46
MOI
67
Cap
$193.3M
Growth
+14%58
ASML Holding N.V.ASML🇳🇱
Revenue +14%/yr · +15%/yr per share · asset light
G 64V 42O 59Cap $794.8B
MGI
64
MVI
42
MTI
42
MOI
59
Cap
$794.8B
Growth
+21%
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