Welcome to our dedicated page for Nagarro news (Ticker: NGRRF), a resource for investors and traders seeking the latest updates and insights on Nagarro stock.
Nagarro SE reports news about its global digital engineering and technology consulting business, including audited and unaudited financial results, revenue growth, gross profit, Adjusted EBITDA, guidance, and client concentration metrics. Company updates also cover capital actions such as share redemption and buybacks, governance changes involving the Management Board and finance leadership, and matters affecting margins such as foreign exchange effects and labor-related obligations.
Recurring business developments include enterprise AI adoption, generative AI services, responsible deployment of OpenAI technologies, and strategic expansion in technology services. Nagarro's announcements also describe its work in quality engineering, digital commerce, retail, consumer packaged goods, and enterprise consulting for large organizations.
Nagarro (OTC:NGRRF) announced that its Management Board and Supervisory Board have issued a joint reasoned statement recommending shareholders accept the voluntary public cash takeover offer by Galaxy Germany Holding SE, a company controlled by India-based Persistent Systems. The Boards consider the EUR 81.00 per share offer price to be adequate and fair.
The offer implies a premium of about 140% over the Xetra price of EUR 33.74 on 25 June 2026, around 93% over the three-month VWAP, and about 112% over the one-month VWAP. It also exceeds the analysts’ median target price of EUR 72.00 by roughly 12.5%. The acceptance period runs from 6 August 2026 until 17 September 2026. Closing is anticipated in Q4 2026 or Q1 2027, subject to a minimum acceptance threshold of 50% plus one share and various regulatory approvals. Post-settlement, the Bidder intends to pursue a delisting of Nagarro shares from the Frankfurt Stock Exchange as part of a taking private strategy.
Nagarro (OTC:NGRRF) reported Q2 2026 revenue of €252.4 million, up 0.2% YoY in euros and 2.0% in constant currency. Organic revenue grew 0.6% in constant currency but declined 1.1% in euros. Gross profit fell to €81.8 million with a 32.4% margin.
Q2 adjusted EBITDA rose to €37.8 million (15.0% margin), while EBITDA dropped to €27.7 million and EBIT to €19.2 million, mainly due to a €12.0 million YoY swing in share-based payment costs. Net profit increased to €10.6 million, supported by the absence of withholding tax on intra-group dividends.
For H1 2026, revenue reached €500.5 million, 0.3% higher in euros and 4.2% in constant currency, with broadly stable gross margin at 31.8%. Adjusted EBITDA rose to €69.1 million, EBITDA to €66.5 million, and net profit to €29.8 million. Q2 operating cash inflow improved to €29.8 million, though H1 operating cash inflow declined to €29.5 million. Cash stood at €131.3 million against loans and borrowings of €310.5 million, and the company had 18,711 professionals and 184 clients generating over €1 million each. A €1.00 per share dividend totaling €12.4 million was approved. An earnings call is scheduled for August 14, 2026.
Nagarro (OTC:NGRRF) has been recognized by ISG as a CX Star Performer in the 2026 Star of Excellence Digital Engineering Services study and as a Leader in the ISG Provider Lens 2026 Digital Engineering Services Midsize Providers report for Europe.
Nagarro earned an overall customer experience score of 93.05, above the industry average of 86.59, supported by its Fluidic Intelligence framework, AI-enhanced experience design, and engineering-led approach to platform modernization and enterprise transformation.
Nagarro (OTC:NGRRF) reported unaudited Q1 2026 results with revenue of €248.1 million, up 0.5% YoY and 6.5% YoY in constant currency. Gross margin improved to 31.2% and adjusted EBITDA margin to 12.6%.
EBITDA rose 17.4% YoY, EBIT 24.6% YoY, and net profit 70.7% YoY to €19.2 million. Operating cash flow turned slightly negative at €-0.3 million, DSO increased to 86 days, cash fell to €112.6 million while loans and borrowings were €310.9 million. Clients above €1 million LTM revenue declined to 179; headcount grew by 540 to 18,543.
Nagarro (OTC: NGRRF) released audited FY2025 results and reaffirmed its preliminary numbers. Revenue reached €999.3m (+2.8% YoY; +6.1% constant currency). Gross profit rose to €321.3m (32.2% margin). Adjusted EBITDA was €138.2m (13.8% margin), within revised guidance. Net profit fell to €39.5m. Operating cash flow improved to €102.8m. Cash ended at €124.6m; loans were €310.1m. The company repurchased 919,421 shares for €67.8m and the board will propose a €1.00 per-share dividend.
Nagarro (OTC:NGRRF) appointed Prateek Aggarwal as Chief Financial Officer and member of the Management Board, effective May 1, 2026, for an initial three-year term. The hire establishes a dedicated CFO role to strengthen finance leadership, governance, and engagement with international capital markets.
Prateek brings over 20 years of finance experience in global technology and IT services, including prior CFO roles at HCLTech and Hexaware and a recent senior role at RPSG Group.
Nagarro (OTC: NGRRF) reported preliminary FY2025 results: revenue €999.3m (+2.8% YoY; +6.1% constant currency), gross profit €321.3m (32.2% margin), adjusted EBITDA €138.2m (13.8% margin). FY2026 guidance: revenue €1,000–€1,060m, gross margin ~32%, adjusted EBITDA margin 14.5%–15.5%. An independent investigation found no evidence of fraud or misconduct.
The company repurchased €67.8m in shares, ended 2025 with €124.6m cash, and will publish audited 2025 results on April 29, 2026.
Nagarro (OTC:NGRRF) announced on December 17, 2025 the acquisition of Charles Hudson Technology Solutions (CHTS), a Cambridge, Massachusetts technology services firm specializing in quality engineering for digital commerce and retail.
The deal brings a team of over 180 professionals across the US and India, immediate access to major US retail and CPG clients, and expands Nagarro's service portfolio in quality engineering, digital commerce, and AI-related R&D capabilities.
Nagarro (OTC: NGRRF) announced on Dec 8, 2025 that it has become an OpenAI Services Partner to support enterprise-scale adoption of OpenAI technologies including the OpenAI API and ChatGPT Enterprise across Asia Pacific.
The company said it will provide advisory, engineering and enablement services to help organisations explore, implement and scale generative AI, integrate models into core workflows, and deploy solutions responsibly across industries such as retail, financial services, healthcare, manufacturing, logistics and telecom.
Nagarro (OTC:NGRRF) received a Gold Medal from EcoVadis on Dec 2, 2025, placing the company among the top 5% of organisations worldwide across all industries.
EcoVadis assessed Nagarro on environment, labour and human rights, ethics, and sustainable procurement. Nagarro improved its rating from Bronze in 2023 to Gold in 2025, with marked score gains across all four parameters. This follows validation by the Science Based Targets initiative (SBTi) of Nagarro's target to reach net-zero greenhouse gas emissions across its value chain by 2050. The company says it integrates sustainability into client solutions, supplier engagement, and internal practices such as reducing IT footprint and training engineers in green coding.