Is Tom Tom Still In Business | The Truth In 2026
Remember when almost every car had a TomTom sat nav stuck to the windshield? Then Google Maps arrived on phones, and the little boxes started to vanish.
Because of that, many people now believe the Dutch navigation brand quietly shut down. That is not the full story.
Yes, TomTom is still in business in 2026. The Amsterdam company has about 3,300 staff and now earns most of its money selling maps and navigation tech to carmakers and businesses.
Still, 2026 has been a year of big change. TomTom named a new CEO, plans to cut around 200 jobs and trimmed its revenue outlook.
Its famous sat nav devices are still on sale, but that consumer side keeps shrinking as phone apps take over.
Today, we will go through it all, so let’s dive in.
Quick Answer: Is TomTom Still In Business?
TomTom is still operating, still listed on the Amsterdam stock exchange and still selling maps, apps and sat navs. Here are the key facts.
| Question | Answer |
| Is TomTom still in business? | Yes, as of November 2026 |
| Headquarters | Amsterdam, Netherlands |
| Founded | 1991 |
| CEO | Mike Schoofs |
| Employees | About 3,300 |
| Main business | Maps and navigation tech for carmakers and companies |
| Does it still sell sat navs? | Yes, but sales keep falling |
So the brand is alive. It has simply changed from a gadget maker into a quiet supplier of map data and software.
What Happened To TomTom?
TomTom was founded in Amsterdam in 1991 by Harold Goddijn, Corinne Vigreux, Peter-Frans Pauwels and Pieter Geelen. Its TomTom Go sat nav, launched in 2004, made it a household name.
The company joined the Amsterdam stock exchange in 2005. In 2007 it bought map maker Tele Atlas for about €2.9 billion, according to New Mobility.
Then smartphones arrived with free maps. Within a year of the Tele Atlas deal, TomTom’s share price fell by around 90 percent.
Instead of closing, TomTom moved away from gadgets and toward selling map data and software to other companies.
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Does TomTom Still Exist In 2026?
Yes, TomTom still exists in 2026 and is still headquartered near Amsterdam’s Central Station. It trades on the Amsterdam exchange under the ticker TOM2.
Today, most of its revenue comes from carmakers and corporate clients rather than from shoppers. New Mobility says it now works with a few hundred large business customers.
Its main products include TomTom Orbis Maps, automotive navigation, traffic data, routing APIs and a Navigation SDK for apps.
In October 2026, TomTom said it was reorganising into three divisions: Automated Driving, Location Intelligence and Navigation. That shows a company that is planning ahead, not closing down.
Is TomTom Going Out Of Business After The 2026 Job Cuts?
No, TomTom is not going out of business, but it is cutting costs. On 15 October 2026, it announced plans to cut approximately 200 roles, roughly 6% of its workforce.
According to NL Times, the cuts aim to remove management layers and should save about €21 million a year.
Third quarter revenue was €129 million. Yet operating profit doubled from a year earlier to €6 million, Investing.com reported.
TomTom shares fell more than 5% on the news. Job cuts hurt, but a profitable company trimming staff is very different from one shutting down.
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Who Runs TomTom Now?
Mike Schoofs is TomTom’s CEO. He joined the company in 2005 and was its chief revenue officer before being nominated to lead it in March 2026.
Co-founder Harold Goddijn, who had led TomTom since 2001, was set to step down as chief executive after the annual shareholder meeting on 16 April 2026.
On 5 March 2026, TomTom announced that co-founder and marketing chief Corinne Vigreux would also step down from her executive role after more than three decades.
This handover marks the end of the founder era. It does not mark the end of the company.
Does TomTom Still Make GPS Devices?
Yes, TomTom still sells personal and professional sat navs, and its website still lists them alongside in-dash navigation and phone apps.
However, this part of the business keeps shrinking. Investing.com reported that consumer revenue fell to €14 million in the third quarter of 2026, down from €19 million a year earlier.
TomTom blamed the continued contraction of the sat nav market and memory supply constraints. Fewer people buy a separate box when their phone already has maps.
If you still own a TomTom device, updates and support are still offered on its official website.
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What Is TomTom’s Revenue Outlook For 2026?
According to Investing.com, TomTom now expects full-year 2026 revenue of €505 million to €530 million. Its earlier range was €495 million to €555 million.
It also raised its operating margin forecast to around 4%, from around 3%. Without the roughly €15 million restructuring charge, the margin would be about 7%.
NL Times reported that revenue so far in 2026 reached €392.7 million, compared with €423.5 million in the same period a year ago, a drop of about 7%.
Sales are slipping, mainly in automotive. Still, TomTom remains profitable and is planning for the years ahead.
Conclusion
TomTom is still in business in 2026. It has simply moved from selling sat navs to shoppers toward selling maps and navigation tech to carmakers and companies.
The year brought a new CEO, the exit of two founders, around 200 planned job cuts and a lower revenue range. These are signs of a company resetting itself.
Its sat navs and apps are still available, though the device market keeps getting smaller every year.
So if you heard TomTom shut down, that rumor is false. The brand is quieter than before, but it is still very much on the map.
