Openapi 2025: International scalability and recurring revenues drive growth.

Throughout 2025, Openapi further strengthened its position as a leading player in the API market, recording significant growth in its customer base both in Italy and internationally. This result not only confirms the validity of the business model, but also highlights the increasing demand for scalable and integrated data-driven solutions.

Growth indicators

With 2025 data and Q1 2026 figures, we have confirmed results above expectations, even within a strategy focused on investments and pricing aimed at growth and entering new markets.

Growth Rate= 52.3%*

FCF= 17.1%

FCF is intentionally reduced due to investment policies for entering international markets and a low-price strategy to expand the user base.

The company therefore positions itself with a combined Growth Rate + FCF index of 69.4%.

* The first 3 months of 2026 confirm this growth, with a Growth Rate of 57.9%.

A continuously expanding customer base

By the end of 2025, Openapi surpassed the milestone of 125,000 total recurring customers. This achievement reflects the company’s ability to meet a wide range of needs: from SMEs undergoing digital transformation to large organizations (Enterprise), as well as developers and system integrators.

Growth is not only quantitative but also qualitative: the integration of Openapi APIs into clients’ core processes increases their strategic reliance on our services, creating a natural lock-in effect that ensures stability and continuity over time.

Average revenue per customer is increasing, rising from €39.4 per customer to €55.2 per customer. This growth is mainly driven by the onboarding of some high-volume clients, significantly diluted by the large number of new small-sized customers approaching our services. However, no single customer accounts for more than 2% of total revenue.

Strong growth in the Italian market

The domestic market continues to be a key pillar. In 2025, over 42,000 new Italian companies chose Openapi to access data and services via APIs.

This figure confirms three structural trends:

• the acceleration of the digital transformation of the Italian business ecosystem
• the need to efficiently automate complex processes
• once adopted, API infrastructure becomes a structural component of the client’s IT architecture.

Openapi positions itself as a technology partner for digital transformation, offering easily integrable, high value-added solutions.

International expansion: a globally scalable model

2025 marked a significant acceleration in international markets, with over 3,700 new international companies across 49 countries adopting Openapi services.

This result is strategically highly relevant as it confirms:

• Scalability with increasing margins: the Openapi model enables geographic expansion without the need for heavy local infrastructure investments.
• Global competitiveness: the offering proves strong and attractive beyond national borders, confirming APIs as a universal standard for data exchange.
• Risk diversification: international growth contributes to overall business resilience, reducing exposure to a single market.

A “sticky” model based on recurring customers

One of the key elements of Openapi’s growth is the high share of recurring customers. Companies that integrate APIs into their processes tend to use the services continuously, generating stable and predictable revenue streams.

This model translates into:

• Visibility on future revenues: a “SaaS-like” business model with consistent income.
• High customer retention: the essential nature of the services minimizes churn rate.
• Growth in customer value: the continuous expansion of the API catalog enables effective cross-selling strategies across the existing customer base.

Outlook and Value Creation

The 2025 results reinforce Openapi’s growth trajectory and open up new opportunities for the future. The company will continue to invest in the development of new API services, international expansion, and the improvement of customer experience.

In a global landscape increasingly driven by automation and AI, Openapi confirms itself as a strategic technology asset, with a constantly growing customer base and a solid, profitable, and highly scalable business model.