Nagarro Q3 adjusted EBITDA falls 13% to €38.3 million
Nagarro's third-quarter revenue was nearly flat, but adjusted EBITDA and net profit declined. Nine-month figures improved year on year.
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what happened
According to TradingView, Nagarro's revenue for the third quarter of 2026 was €255.0 million, compared with €254.6 million a year earlier. Adjusted EBITDA dropped to €38.3 million from €44.0 million, and net profit fell to €12.7 million from €21.4 million.
For the first nine months of 2026, revenue rose to €755.5 million from €753.4 million, and adjusted EBITDA reached €107.3 million against €104.8 million. Reported EBITDA in the third quarter declined to €99.0 million from €108.5 million, as net expenses from special items grew by €12.1 million. Operating cash flow, by contrast, increased to €48.2 million from €34.7 million, helped by better customer collections and lower taxes on intra-group dividends.
why it matters
For markets, this is a weak quarterly report given almost no revenue growth in constant currency, although the nine-month numbers remain positive. Investors will watch whether revenue returns to growth and whether quarterly adjusted EBITDA improves.
tags
instruments
sources
- Nagarro (NA9) Q3 Adjusted EBITDA Fell 13% to €38.3M — TradingView, 13 November 2026 at 09:11 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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