Business
Nagarro announces preliminary numbers for FY 2025, guidance for FY 2026, and conclusion of independent investigation
Based on preliminary 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 guida
About this update from Nagarro Se
[{"type":"text","content":"Revenue of €999 million (+2.8%) represents 6.1% constant currency growth; gross profit was €321 million (+8.6%); Adjusted EBITDA margin of 13.8% is within forecast range","length":174,"tagName":"p","attribs":{}},{"type":"text","content":"2026 revenue expected between €1,000 and €1,060 million at current FX rates, gross margin near 32%, Adjusted EBITDA margin between 14.5% and 15.5%","length":146,"tagName":"p","attribs":{}},{"type":"text","content":"Independent investigation finds no evidence of fraud or misconduct; prior allegations unsubstantiated","length":101,"tagName":"p","attribs":{}},{"type":"text","content":"MUNICH, March 24, 2026 /PRNewswire/ -- Based on preliminary 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.","length":782,"tagName":"p"},{"type":"image","alt":"Nagarro Logo","displaySize":"","headline":null,"caption":"Nagarro Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":300,"url":"https://media.zenfs.com/en/cnwgroup.com/9e35894697f42eeff290d8bdf69b8ee0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/e4OiBFEkMvEx2RBWKPKgKA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyOQ--/https://media.zenfs.com/en/cnwgroup.com/9e35894697f42eeff290d8bdf69b8ee0","width":400,"height":300}}},{"type":"text","content":"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 Labour Codes in India, which have increased the defined benefit obligations from past service costs.","length":401,"ta...