Revenue of €999 million (+2.8%) represents 6.1% constant currency growth;

Gross profit of €321 million (+8.6%);

Adjusted EBITDA margin of 13.8% is within forecast range

MUNICH, April 29, 2026 /CNW/ -- 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.

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.