Nagarro releases Q3 2025 results with 9.4% YoY revenue growth in constant currency and 27.2% YoY increase in Adjusted EBITDA; announces share redemption and buyback
Nagarro (OTC:NGRRF) reported Q3 2025 results: revenue €254.6m (+4.8% YoY; +9.4% in constant currency) and adjusted EBITDA €44.0m (+27.2% YoY; 17.3% margin).
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Rhea-AI Summary
Nagarro (OTC:NGRRF) reported Q3 2025 results: revenue €254.6m (+4.8% YoY; +9.4% in constant currency) and adjusted EBITDA €44.0m (+27.2% YoY; 17.3% margin). Gross margin rose to 33.1% and net profit was €21.4m (+68% YoY). Nine‑month revenue reached €753.4m (+3.9% YoY; +6.3% cc); 9M adjusted EBITDA declined to €104.8m due to a €19.7m negative currency revaluation and FX forward impact. Cash was €129.4m at Sept 30, 2025; headcount 17,680. The company maintained 2025 guidance and announced redemption of 853,688 treasury shares and a buyback program of up to 450,000 shares (€20m limit).
Positive
- Q3 revenue €254.6m (+4.8% YoY; +9.4% cc)
- Q3 adjusted EBITDA €44.0m (+27.2% YoY; 17.3% margin)
- Gross margin improved to 33.1% from 31.5%
- 9M operating cash inflow €77.1m (up from €64.9m)
- Company maintained full‑year 2025 guidance
Negative
- 9M adjusted EBITDA down to €104.8m (−4.1% YoY) due to FX
- Currency revaluation and FX forwards hit EBITDA by €19.7m
- Cash balance declined to €129.4m from €192.6m at year‑end
- 9M net profit marginally down to €41.0m (−0.8% YoY)
Details
News Market Reaction – NGRRF
On Nov 14, the day this news came out, NGRRF closed 29.63% above the previous close.
Data tracked by StockTitan Argus for the Nov 14 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
In Q3 2025, revenue grew to
Adjusted EBITDA for Q3 2025 grew to
The company's headcount increased by 233 professionals during Q3 2025.
Guidance 2025 maintained
The company maintains its previous guidance regarding full year 2025.
Redemption of treasury shares and share buyback
The company today resolved to redeem 853,688 treasury shares (
9M results
Revenue grew to
Despite excellent operational efficiency in 9M 2025, Adjusted EBITDA was significantly impacted by the revaluation loss on intra-group loans within the Nagarro group due to the weakening of the US dollar against the Euro. Across 9M 2025, the total impact on Adjusted EBITDA of currency revaluation plus foreign exchange forward transactions was a negative
Consequently, Adjusted EBITDA for 9M 2025 declined to
Operating cash inflow in 9M 2025 increased to
Nagarro's cash balance at the end of September 30, 2025, was
The summarized table for the three-month period ended September 30, 2025, is as follows:
|
|
|
Q3 2025 |
|
Q3 2024 |
|
Growth |
|
|
|
mEUR |
|
mEUR |
|
|
|
Revenue |
|
254.6 |
|
242.9 |
|
|
|
Gross profit |
|
84.2 |
|
76.5 |
|
|
|
Gross margin |
|
33.1 % |
|
31.5 % |
|
|
|
Adjusted EBITDA |
|
44.0 |
|
34.6 |
|
|
|
Adjusted EBITDA margin |
|
17.3 % |
|
14.3 % |
|
|
|
EBITDA |
|
43.5 |
|
31.9 |
|
|
|
EBIT |
|
34.9 |
|
22.5 |
|
|
|
Net profit |
|
21.4 |
|
12.7 |
|
|
|
|
|
|
|
|
|
|
The summarized table for the nine-month period ended September 30, 2025, is as follows:
|
|
|
9M 2025 |
|
9M 2024 |
|
Growth |
|
|
|
mEUR |
|
mEUR |
|
|
|
Revenue |
|
753.4 |
|
725.4 |
|
|
|
Gross profit |
|
243.5 |
|
223.5 |
|
|
|
Gross margin |
|
32.3 % |
|
30.8 % |
|
|
|
Adjusted EBITDA |
|
104.8 |
|
109.3 |
|
Negative |
|
Adjusted EBITDA margin |
|
13.9 % |
|
15.1 % |
|
|
|
EBITDA |
|
108.5 |
|
100.7 |
|
|
|
EBIT |
|
82.3 |
|
72.2 |
|
|
|
Net profit |
|
41.0 |
|
41.3 |
|
Negative |
|
|
|
|
|
|
|
|
Nagarro SE will hold its analyst and investor earnings call to discuss the Q3 2025 financial statement on November 14, 2025, at 01:00 pm CET (04:00 am PT / 06:00 am CT / 07:00 am ET / 12:00 pm GMT / 04:00 pm GST / 05:30 pm IST / 08:00 pm SGT / 09:00 pm JST).
To attend, please register in advance at https://www.nagarro.com/en/investor-relations/quarterly-statement-call-q3-2025.
About Nagarro
Nagarro, a global digital engineering leader, helps clients become fluidic, innovative, digital-first companies and thus win in their markets. The company is distinguished by its entrepreneurial, agile, and global character, its CARING mindset, and its Fluidic Intelligence vision. Nagarro employs around 17,700 people in 39 countries.
For more information, visit www.nagarro.com.
(FRA: NA9) (SDAX/TecDAX: DE000A3H2200) (ISIN: DE000A3H2200) (WKN A3H220)
For inquiries, please contact press@nagarro.com.
Logo: https://mma.prnewswire.com/media/844192/3850575/Nagarro_Logo.jpg
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