Nagarro Reports Q3 2026 Results with 2.7% Constant Currency Revenue Growth for Nine Months
Nagarro has released its unaudited financial results for the nine months ended September 2026, reporting revenue of €755.5 million. This represents a 2.7% growth on a constant currency basis compared to the same period in 2025, though Euro-denominated growth was more modest at 0.3%. While adjusted EBITDA saw an increase to €107.3 million, actual EBITDA declined to €99.0 million due to significant special items, primarily a €14.4 million increase in share-based payment expenses. The third quarter specifically showed flat revenue performance with organic growth turning negative at 1.6% on a constant currency basis. Despite the decline in EBIT and EBITDA caused by non-operational expenses and takeover offer costs, net profit for the nine-month period rose slightly to €42.5 million. The company's client base remains stable, with large clients generating over €1 million in revenue increasing slightly to 186.
Topics: EBITDA net profit operating cash flow revenue growth