Nagarro Reports Q3 and Nine-Month 2026 Financial Results with Steady Revenue Growth
Nagarro has released its unaudited financial results for the first nine months of 2026, reporting a total revenue of €755.5 million. This represents a 2.7% increase in constant currency compared to the same period in 2025, though growth on a Euro basis was more modest at 0.3%. The company's adjusted EBITDA rose to €107.3 million with a margin of 14.2%, up from €104.8 million in the previous year. Despite the rise in adjusted earnings, reported EBITDA and EBIT saw declines due to non-recurring items, specifically a €12.1 million increase in net special effects driven largely by higher stock-based compensation expenses. However, the period's net income increased slightly to €42.5 million, aided by lower withholding taxes on intra-group dividend payments. The company maintained stable gross profit margins throughout the nine-month period.
Topics: EBITDA financial results profit margin revenue growth