Nagarro: nine-month revenue up 0.3%, reported EBITDA down 8.8%
Nagarro released unaudited results for nine months and Q3 2026: revenue was nearly flat while EBITDA and net profit moved in different directions.
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what happened
According to Nagarro, published via PRNewswire and carried by TradingView, revenue for the nine months of 2026 reached €755.5 million, versus €753.4 million a year earlier. In constant currency growth was 2.7%, while in euro terms it was 0.3%. Organic revenue growth in constant currency was 1.2%.
Adjusted EBITDA rose to €107.3 million, but reported EBITDA fell to €99.0 million from €108.5 million. The main drag was higher share-based payment expenses. EBIT declined to €73.0 million, while net profit grew to €42.5 million, helped by lower withholding taxes on intra-group dividends.
In the third quarter revenue was €255.0 million, and net profit fell almost 40% to €12.7 million. Loans and borrowings decreased to €278.0 million.
why it matters
For investors this is a mid-level report: revenue is essentially stable, and the drop in third-quarter reported profit stands out more than the nine-month totals. The key question is whether the company can restore organic growth.
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sources
- Nagarro releases unaudited Q3 2026 results, posts 2.7% constant currency growth for 9 months ended September 2026 — TradingView, 13 November 2026 at 09:18 UTC
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