{"success":true,"data":{"pressRelease":{"id":"119051","rtpr_id":"nPn4cSHjQa","ticker":"NA9N","exchange":"XETRA","all_tickers":["NA9N"],"title":"Nagarro presents Q2 and H1 2026 numbers, posts 2.0% and 4.2% YoY revenue growth in constant currency in Q2 and H1 2026, respectively","author":"PR Newswire","published_at":"2026-08-14T07:01:47.441Z","article_body":"Nagarro presents Q2 and H1 2026 numbers, posts 2.0% and 4.2% YoY revenue growth in constant currency in Q2 and H1 2026, respectively\n\nPR Newswire\n\nMUNICH, Aug. 14, 2026\n\nMUNICH, Aug. 14, 2026 /PRNewswire/ -- Today, Nagarro, a global AI\ntransformation and engineering leader, presented its unaudited financial\nnumbers for Q2 2026 and H1 2026, and released its half-yearly financial\nreport.\n\nQ2 results\n\nIn Q2 2026, revenue grew to €252.4 million, up from €252.0 million in\nQ2 2025. On a constant-currency basis, YoY revenue growth was 2.0%, which\ntranslated to growth of 0.2% in Euro terms. Organic YoY revenue growth for\nthe quarter was 0.6% in constant currency, which translated to negative 1.1%\nin Euro terms. Gross profit declined to €81.8 million (32.4% of revenues) in\nQ2 2026 from €83.7 million (33.2% of revenues) in Q2 2025. Adjusted EBITDA\nincreased to €37.8 million (15.0% of revenue) in Q2 2026, up from €30.5\nmillion (12.1% of revenue) in Q2 2025.\n\nEBITDA declined to €27.7 million in Q2 2026, from €32.0 million in Q2\n2025. While adjusted EBITDA grew by €7.3 million year-on-year, EBITDA\ndecreased by €4.3 million, primarily due to YoY increase in share-based\npayment arrangements cost of €12.0 million (expense of €8.1 million in\nQ2 2026, against an income of €3.9 million in Q2 2025). For the same\nreason, EBIT declined to €19.2 million in Q2 2026 from\n€23.4 million in Q2 2025. Net profit increased to €10.6 million in Q2\n2026, up from €8.3 million in Q2 2025 mainly due to absence of\nwithholding tax expense on intra-group dividends. The number of clients\ngenerating more than €1 million revenue in last 12-month period was 184 as\nof June 30, 2026, up from 179 as of March 31, 2026.\n\nOperating cash inflow in Q2 2026 increased to €29.8 million from\n€4.9 million in Q2 2025 primarily due to higher collections from trade\nreceivables and lower taxes paid.\n\nAt the Annual General Meeting held on June 29, 2026, a dividend of €1.00 per\nshare, amounting to €12.4 million and representing 14.9% of 2025 EBIT,\nwas declared. This compares with a dividend of €1.00 per share, amounting to\n€12.6 million and representing 13.1% of 2024 EBIT, declared at the AGM\nheld on June 30, 2025.\n\nH1 results\n\nIn H1 2026, Nagarro's revenues increased to €500.5 million in H1 2026,\nup from €498.9 million in H1 2025. On a constant-currency basis, YoY\nrevenue growth was 4.2%, which translated into growth of 0.3% in Euro\nterms. Organic YoY revenue growth was 2.7% in constant currency, which\ntranslated into negative 1.1% in Euro terms. Gross profit and gross margin\nremained broadly stable at €159.2 million (31.8% of revenues) in H1\n2026, compared with €159.3 million (31.9% of revenues) in H1\n2025. Adjusted EBITDA increased to €69.1 million (13.8% of revenue) in\nH1 2026, up from €60.8 million (12.2% of revenue) in H1 2025.\n\nEBITDA increased to €66.5 million in H1 2026 from €65.0 million in H1\n2025. EBIT increased to €49.2 million in H1 2026 from\n€47.5 million in H1 2025. Net profit increased to €29.8 million in H1\n2026, up from €19.6 million in H1 2025.\n\nOperating cash inflow in H1 2026 declined to €29.5 million from\n€42.4 million in H1 2025 due to pending collections from some clients,\nwhich are being collected in Q3 2026. Days of sales outstanding (DSO),\ncalculated based on the quarterly revenue, and including both contract assets\nand trade receivables, has stayed flat at 86 days on June 30, 2026 from\nMarch 31, 2026.\n\nNagarro's cash balance as of June 30, 2026 was €131.3 million, up from\n€124.6 million at the end of December 31, 2025. Nagarro's loans and\nborrowings remained broadly stable at €310.5 million as of June 30, 2026,\ncompared with €310.1 million as of December 31, 2025. The company reported\n18,711 professionals as of June 30, 2026.\n\nThe summarized table for the three-month period ended June 30, 2026 is as\nfollows:\n                           Q2 2026    Q2 2025    Growth\n                           mEUR       mEUR\n Revenue                   252.4      252.0      0.2% YoY in Euro\n                                                 2.0% YoY in constant currency\n Gross profit              81.8       83.7       Negative 2.3% YoY\n Gross margin              32.4 %     33.2 %\n Adjusted EBITDA           37.8       30.5       23.9% YoY\n Adjusted EBITDA margin    15.0 %     12.1 %\n EBITDA                    27.7       32.0       Negative 13.4% YoY\n EBIT                      19.2       23.4       Negative 17.9% YoY\n Net profit                10.6       8.3        27.7% YoY\n\nThe summarized table for the six-month period ended June 30, 2026 is as\nfollows:\n                           H1 2026    H1 2025    Growth\n                           mEUR       mEUR\n Revenue                   500.5      498.9      0.3% YoY in Euro\n                                                 4.2% YoY in constant currency\n Gross profit              159.2      159.3      Negative 0.1% YoY\n Gross margin              31.8 %     31.9 %\n Adjusted EBITDA           69.1       60.8       13.7% YoY\n Adjusted EBITDA margin    13.8 %     12.2 %\n EBITDA                    66.5       65.0       2.3% YoY\n EBIT                      49.2       47.5       3.6% YoY\n Net profit                29.8       19.6       52.0% YoY\n\nNagarro SE will hold its earnings call to discuss half-yearly financial report\n2026 on August 14, 2026, at 01:00 pm CEST (04:00 am PT / 06:00 am CT / 07:00\nam ET / 12:00 pm BST / 03:00 pm GST / 04:30 pm IST / 07:00 pm SGT / 08:00 pm\nJST).\n\nTo attend, please register in advance at\nhttps://www.nagarro.com/en/investor-relations/half-yearly-q2-statements-call-2026\n(https://www.nagarro.com/en/investor-relations/half-yearly-q2-statements-call-2026)\n.\n\nAbout Nagarro\n\nNagarro is a global AI-native engineering and transformation company that\nengineers intelligence into enterprises securely, responsibly, and at scale.\nDistinguished by its entrepreneurial, agile, and global character, Nagarro is\nguided by its CARING values. The company employs around 18,700 people across\n39 countries. For more information, visit www.nagarro.com\n(http://www.nagarro.com/) .\n\n(FRA: NA9) (SDAX) (ISIN: DE000A3H2200) (WKN: A3H220)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/nagarro-presents-q2-and-h1-2026-numbers-posts-2-0-and-4-2-yoy-revenue-growth-in-constant-currency-in-q2-and-h1-2026--respectively-302851669.html\n(https://www.prnewswire.com/news-releases/nagarro-presents-q2-and-h1-2026-numbers-posts-2-0-and-4-2-yoy-revenue-growth-in-constant-currency-in-q2-and-h1-2026--respectively-302851669.html)\n\nSOURCE Nagarro\n\n\n\nFor inquiries, please contact: Michael Knapp | michael.knapp@nagarro.com | +1 415 377 012 | press@nagarro.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1165877/Nagarro-Logo.jpg?id=OA2886928\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn4cSHjQa","title":"Nagarro presents Q2 and H1 2026 numbers, posts 2.0% and 4.2% YoY revenue growth in constant currency in Q2 and H1 2026, respectively","author":"PR Newswire","ticker":"NA9N","created":"2026-08-14T07:01:47.441Z","tickers":["NA9N"],"exchange":"XETRA","article_body":"Nagarro presents Q2 and H1 2026 numbers, posts 2.0% and 4.2% YoY revenue growth in constant currency in Q2 and H1 2026, respectively\n\nPR Newswire\n\nMUNICH, Aug. 14, 2026\n\nMUNICH, Aug. 14, 2026 /PRNewswire/ -- Today, Nagarro, a global AI\ntransformation and engineering leader, presented its unaudited financial\nnumbers for Q2 2026 and H1 2026, and released its half-yearly financial\nreport.\n\nQ2 results\n\nIn Q2 2026, revenue grew to €252.4 million, up from €252.0 million in\nQ2 2025. On a constant-currency basis, YoY revenue growth was 2.0%, which\ntranslated to growth of 0.2% in Euro terms. Organic YoY revenue growth for\nthe quarter was 0.6% in constant currency, which translated to negative 1.1%\nin Euro terms. Gross profit declined to €81.8 million (32.4% of revenues) in\nQ2 2026 from €83.7 million (33.2% of revenues) in Q2 2025. Adjusted EBITDA\nincreased to €37.8 million (15.0% of revenue) in Q2 2026, up from €30.5\nmillion (12.1% of revenue) in Q2 2025.\n\nEBITDA declined to €27.7 million in Q2 2026, from €32.0 million in Q2\n2025. While adjusted EBITDA grew by €7.3 million year-on-year, EBITDA\ndecreased by €4.3 million, primarily due to YoY increase in share-based\npayment arrangements cost of €12.0 million (expense of €8.1 million in\nQ2 2026, against an income of €3.9 million in Q2 2025). For the same\nreason, EBIT declined to €19.2 million in Q2 2026 from\n€23.4 million in Q2 2025. Net profit increased to €10.6 million in Q2\n2026, up from €8.3 million in Q2 2025 mainly due to absence of\nwithholding tax expense on intra-group dividends. The number of clients\ngenerating more than €1 million revenue in last 12-month period was 184 as\nof June 30, 2026, up from 179 as of March 31, 2026.\n\nOperating cash inflow in Q2 2026 increased to €29.8 million from\n€4.9 million in Q2 2025 primarily due to higher collections from trade\nreceivables and lower taxes paid.\n\nAt the Annual General Meeting held on June 29, 2026, a dividend of €1.00 per\nshare, amounting to €12.4 million and representing 14.9% of 2025 EBIT,\nwas declared. This compares with a dividend of €1.00 per share, amounting to\n€12.6 million and representing 13.1% of 2024 EBIT, declared at the AGM\nheld on June 30, 2025.\n\nH1 results\n\nIn H1 2026, Nagarro's revenues increased to €500.5 million in H1 2026,\nup from €498.9 million in H1 2025. On a constant-currency basis, YoY\nrevenue growth was 4.2%, which translated into growth of 0.3% in Euro\nterms. Organic YoY revenue growth was 2.7% in constant currency, which\ntranslated into negative 1.1% in Euro terms. Gross profit and gross margin\nremained broadly stable at €159.2 million (31.8% of revenues) in H1\n2026, compared with €159.3 million (31.9% of revenues) in H1\n2025. Adjusted EBITDA increased to €69.1 million (13.8% of revenue) in\nH1 2026, up from €60.8 million (12.2% of revenue) in H1 2025.\n\nEBITDA increased to €66.5 million in H1 2026 from €65.0 million in H1\n2025. EBIT increased to €49.2 million in H1 2026 from\n€47.5 million in H1 2025. Net profit increased to €29.8 million in H1\n2026, up from €19.6 million in H1 2025.\n\nOperating cash inflow in H1 2026 declined to €29.5 million from\n€42.4 million in H1 2025 due to pending collections from some clients,\nwhich are being collected in Q3 2026. Days of sales outstanding (DSO),\ncalculated based on the quarterly revenue, and including both contract assets\nand trade receivables, has stayed flat at 86 days on June 30, 2026 from\nMarch 31, 2026.\n\nNagarro's cash balance as of June 30, 2026 was €131.3 million, up from\n€124.6 million at the end of December 31, 2025. Nagarro's loans and\nborrowings remained broadly stable at €310.5 million as of June 30, 2026,\ncompared with €310.1 million as of December 31, 2025. The company reported\n18,711 professionals as of June 30, 2026.\n\nThe summarized table for the three-month period ended June 30, 2026 is as\nfollows:\n                           Q2 2026    Q2 2025    Growth\n                           mEUR       mEUR\n Revenue                   252.4      252.0      0.2% YoY in Euro\n                                                 2.0% YoY in constant currency\n Gross profit              81.8       83.7       Negative 2.3% YoY\n Gross margin              32.4 %     33.2 %\n Adjusted EBITDA           37.8       30.5       23.9% YoY\n Adjusted EBITDA margin    15.0 %     12.1 %\n EBITDA                    27.7       32.0       Negative 13.4% YoY\n EBIT                      19.2       23.4       Negative 17.9% YoY\n Net profit                10.6       8.3        27.7% YoY\n\nThe summarized table for the six-month period ended June 30, 2026 is as\nfollows:\n                           H1 2026    H1 2025    Growth\n                           mEUR       mEUR\n Revenue                   500.5      498.9      0.3% YoY in Euro\n                                                 4.2% YoY in constant currency\n Gross profit              159.2      159.3      Negative 0.1% YoY\n Gross margin              31.8 %     31.9 %\n Adjusted EBITDA           69.1       60.8       13.7% YoY\n Adjusted EBITDA margin    13.8 %     12.2 %\n EBITDA                    66.5       65.0       2.3% YoY\n EBIT                      49.2       47.5       3.6% YoY\n Net profit                29.8       19.6       52.0% YoY\n\nNagarro SE will hold its earnings call to discuss half-yearly financial report\n2026 on August 14, 2026, at 01:00 pm CEST (04:00 am PT / 06:00 am CT / 07:00\nam ET / 12:00 pm BST / 03:00 pm GST / 04:30 pm IST / 07:00 pm SGT / 08:00 pm\nJST).\n\nTo attend, please register in advance at\nhttps://www.nagarro.com/en/investor-relations/half-yearly-q2-statements-call-2026\n(https://www.nagarro.com/en/investor-relations/half-yearly-q2-statements-call-2026)\n.\n\nAbout Nagarro\n\nNagarro is a global AI-native engineering and transformation company that\nengineers intelligence into enterprises securely, responsibly, and at scale.\nDistinguished by its entrepreneurial, agile, and global character, Nagarro is\nguided by its CARING values. The company employs around 18,700 people across\n39 countries. For more information, visit www.nagarro.com\n(http://www.nagarro.com/) .\n\n(FRA: NA9) (SDAX) (ISIN: DE000A3H2200) (WKN: A3H220)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/nagarro-presents-q2-and-h1-2026-numbers-posts-2-0-and-4-2-yoy-revenue-growth-in-constant-currency-in-q2-and-h1-2026--respectively-302851669.html\n(https://www.prnewswire.com/news-releases/nagarro-presents-q2-and-h1-2026-numbers-posts-2-0-and-4-2-yoy-revenue-growth-in-constant-currency-in-q2-and-h1-2026--respectively-302851669.html)\n\nSOURCE Nagarro\n\n\n\nFor inquiries, please contact: Michael Knapp | michael.knapp@nagarro.com | +1 415 377 012 | press@nagarro.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1165877/Nagarro-Logo.jpg?id=OA2886928\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-08-14T07:01:47.514240578Z","server_sent_at_ms":1786690907514},"received_at":"2026-08-14T07:01:47.577Z","source_url":"https://www.prnewswire.com/news-releases/nagarro-presents-q2-and-h1-2026-numbers-posts-2-0-and-4-2-yoy-revenue-growth-in-constant-currency-in-q2-and-h1-2026--respectively-302851669.html"},"analysis":{"id":"108039","press_release_id":"119051","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":["Reported revenue growth is stagnant (0.2% Q2, 0.3% H1)","Organic revenue growth in Euro terms was negative (-1.1%)","Q2 EBITDA declined due to a €12.0 million year-over-year increase in share-based payment costs"],"eventType":"earnings","narrative":"Nagarro reported Q2 2026 revenue of €252.4 million, a 0.2% increase in reported terms or 2.0% in constant currency, with organic growth flat to slightly negative in Euro terms.\n\nProfitability metrics expanded significantly, as Adjusted EBITDA rose 23.9% year-over-year to €37.8 million and Q2 net income grew 27.7% to €10.6 million.\n\nThe company declared a dividend of €1.00 per share and ended the half-year with a cash balance of €131.3 million, though operating cash flow for H1 declined due to pending client collections.","sentiment":"mixed","agentHooks":{"shouldPost":false,"suggestedAngle":"Flat top-line masks margin expansion as Adjusted EBITDA margin hits 15%."},"keyFigures":{"revenue":252400000,"revenueYoy":"0.2%","customDimensions":{"adj_ebitda":37800000,"h1_revenue":500500000,"net_profit":10600000,"h1_net_profit":29800000,"h1_revenue_yoy":"0.3%","adj_ebitda_margin":"15.0%","h1_cc_revenue_yoy":"4.2%","q2_cc_revenue_yoy":"2.0%","dividend_per_share":"€1.00","operating_cash_flow":29800000}},"quotedText":"","namedEntities":{"people":[{"name":"Michael Knapp","role":"Press Contact"}],"products":[],"companies":[{"name":"Nagarro","ticker":"NA9N"}],"dollarAmounts":[{"amount":"€252.4 million","context":"Q2 2026 revenue"},{"amount":"€500.5 million","context":"H1 2026 revenue"},{"amount":"€37.8 million","context":"Q2 2026 Adjusted EBITDA"},{"amount":"€10.6 million","context":"Q2 2026 Net profit"},{"amount":"€12.4 million","context":"Total dividend declared"},{"amount":"€1.00 per share","context":"Dividend per share"}]},"materialImpact":{"score":3,"reasoning":"Strong margin expansion and net profit growth (+52% in H1) are offset by stagnant reported revenue growth (0.2% in Q2, 0.3% in H1) and negative organic growth in Euro terms."},"tickerRelevance":{"others":[],"primary":"NA9N"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":["dividend"],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"earnings_with_mixed_signals","sectorWeight":"neutral"}},"event_type":"earnings","event_type_secondary":["dividend"],"sentiment":"mixed","material_impact_score":3,"narrative":"Nagarro reported Q2 2026 revenue of €252.4 million, a 0.2% increase in reported terms or 2.0% in constant currency, with organic growth flat to slightly negative in Euro terms.\n\nProfitability metrics expanded significantly, as Adjusted EBITDA rose 23.9% year-over-year to €37.8 million and Q2 net income grew 27.7% to €10.6 million.\n\nThe company declared a dividend of €1.00 per share and ended the half-year with a cash balance of €131.3 million, though operating cash flow for H1 declined due to pending client collections.","key_figures":{"revenue":252400000,"revenueYoy":"0.2%","customDimensions":{"adj_ebitda":37800000,"h1_revenue":500500000,"net_profit":10600000,"h1_net_profit":29800000,"h1_revenue_yoy":"0.3%","adj_ebitda_margin":"15.0%","h1_cc_revenue_yoy":"4.2%","q2_cc_revenue_yoy":"2.0%","dividend_per_share":"€1.00","operating_cash_flow":29800000}},"named_entities":{"people":[{"name":"Michael Knapp","role":"Press Contact"}],"products":[],"companies":[{"name":"Nagarro","ticker":"NA9N"}],"dollarAmounts":[{"amount":"€252.4 million","context":"Q2 2026 revenue"},{"amount":"€500.5 million","context":"H1 2026 revenue"},{"amount":"€37.8 million","context":"Q2 2026 Adjusted EBITDA"},{"amount":"€10.6 million","context":"Q2 2026 Net profit"},{"amount":"€12.4 million","context":"Total dividend declared"},{"amount":"€1.00 per share","context":"Dividend per share"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-14T07:06:09.097Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap","eventGravity":"earnings_with_mixed_signals","sectorWeight":"neutral"}},"durationMs":261505,"modelName":"glm-4.7"}}