Business
Nagarro releases audited financial statements and annual report for FY 2025, reaffirms the preliminary numbers
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
About this update from Nagarro Se
[{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of €999 million (+2.8%) represents 6.1% constant currency growth;","length":73,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit of €321 million (+8.6%);","length":37,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA margin of 13.8% is within forecast range","length":56,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":166,"olType":false},{"type":"text","content":"MUNICH, April 29, 2026 /PRNewswire/ -- 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.","length":668,"tagName":"p"},{"type":"image","alt":"Nagarro Logo","displaySize":"","headline":null,"caption":"Nagarro Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":175,"url":"https://media.zenfs.com/en/prnewswire.com/196dcfd409fe2ba75187c989362c3626"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/uPUwM7h8PgkQMShZNdEQZg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMwOA--/https://media.zenfs.com/en/prnewswire.com/196dcfd409fe2ba75187c989362c3626","width":400,"height":175}}},{"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 labor codes in India, which have increased the defined benefit obligations from past service costs.","length":390,"tagName":"p"},{"type":"text","content":"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 implemen...