EQS-News: Nagarro releases audited financial statements and annual report for FY 2025, reaffirms the preliminary numbers

Summary by AI ^BETAClose X

Nagarro SE has released its audited financial statements for FY 2025, reporting revenue of €999.3 million, a 2.8% year-over-year increase, with constant currency growth at 6.1%. Gross profit rose by 8.6% to €321.3 million, improving the gross margin to 32.2%. However, adjusted EBITDA decreased to €138.2 million, resulting in an adjusted EBITDA margin of 13.8%, which was within the guided range but down from 15.2% in 2024. Net profit declined to €39.5 million from €49.2 million in the prior year, impacted by a €15.5 million unrealized foreign exchange loss and a €12.4 million one-time expense related to Indian labor code implementation. Operating cash flows improved to €102.8 million, and the company proposed a dividend of €1.00 per share.

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EQS-News: Nagarro SE / Key word(s): Annual Results/Dividend
Nagarro releases audited financial statements and annual report for FY 2025, reaffirms the preliminary numbers

29.04.2026 / 06:49 CET/CEST
The issuer is solely responsible for the content of this announcement.

Revenue of €999 million (+2.8%) represents 6.1% constant currency growth;
Gross profit of €321 million (+8.6%);
Adjusted EBITDA margin of 13.8% is within forecast range

April 29, 2026 – Based on audited figures for the 2025 financial year, Nagarro’s revenue grew to €999.3 million in 2025, up from €972.0 million in 2024, representing YoY growth of 2.8%. The constant currency growth in annual revenue was 6.1%. Gross profit in 2025 grew to €321.3 million (32.2% gross margin), up from €295.8 million (30.4% gross margin) in 2024. Adjusted EBITDA declined to €138.2 million in 2025 from €147.5 million in 2024. Adjusted EBITDA margin was 13.8% in 2025, thus within the revised guidance of 13.5% to 14.5%, and declined from 15.2% in 2024. EBITDA was €118.7 million in 2025, down from €134.0 million in 2024.

2025 EBITDA was impacted by unrealized foreign exchange loss of €15.5 million on intra-group loans within Nagarro group; this amount was not adjusted. One-off items incorporated in the adjustment to EBITDA include a one-time expense of €12.4 million related to the implementation of the new labor codes in India, which have increased the defined benefit obligations from past service costs.

2025 EBIT was €83.0 million, down from €96.7 million in 2024. 2025 net profit was €39.5 million, down from €49.2 million in 2024. The number of clients generating more than €1 million in annual revenue was 180 in 2025, down from 186 in 2024, as several implementation‑led programs were successfully completed and converted into stable, recurring managed services engagements.

2025 operating cash flows grew to €102.8 million from €86.5 million in 2024. Factoring utilization under the non-recourse factoring program was increased by €8.8 million in 2025. Days of sales outstanding, calculated based on the quarterly revenue and including both contract assets and trade receivables, improved from 88 days on December 31, 2024, to 82 days on December 31, 2025.

Nagarro’s cash balance at the end of 2025 was €124.6 million as against €192.6 million at the end of 2024. Nagarro’s loans and borrowings at the end of 2025 were €310.1 million as against €329.6 million at the end of 2024. The company repurchased 919,421 shares during FY2025 for a total of €67.8 million. The company reported 18,003 professionals as of December 31, 2025.

The Management Board and Supervisory Board will propose to the Annual General Meeting the distribution of a dividend of €1.00 per share. This continues to underline the company's long-term value creation strategy.

The summary of 2025 audited numbers is as follows:


	2025	2024	Growth
	mEUR	mEUR
Revenue	999.3	972.0	2.8% YoY 6.1% YoY in constant currency
Gross profit	321.3	295.8	8.6% YoY
Gross margin	32.2%	30.4%
Adjusted EBITDA	138.2	147.5	Negative 6.3% YoY
Adjusted EBITDA margin	13.8%	15.2%
EBITDA	118.7	134.1	Negative 11.5% YoY
EBIT	83.0	96.7	Negative 14.2% YoY
Net profit	39.5	49.2	Negative 19.7% YoY

About Nagarro

Nagarro, a global digital engineering leader, helps clients become fluidic, innovative, digital-first companies and thus win in their markets. The company is distinguished by its entrepreneurial, agile, and global character, its CARING mindset, and its Fluidic Intelligence vision. Nagarro employs around 18,000 people in 38 countries. For more information, please visit www.nagarro.com.

FRA: NA9 (SDAX/TecDAX, ISIN DE000A3H2200, WKN A3H220)

For inquiries, please contact press@nagarro.com.

29.04.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	Nagarro SE
	Baierbrunner Straße 15
	81379 München
	Germany
Phone:	089 / 785 000 282
E-mail:	ir@nagarro.com
Internet:	www.nagarro.com
ISIN:	DE000A3H2200
WKN:	A3H220
Indices:	TecDAX, SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate BSX
EQS News ID:	2317134