Nagarro Posts Mixed Q2 and H1 Results Amid Revenue Growth
Nagarro SE, a global AI transformation and engineering leader, published its unaudited financial numbers for Q2 2026 and H1 2026. The company's revenue in constant currency grew by 2.0% year-over-year (YoY) in Q2 2026, reaching €252.4 million. On the other hand, gross profit declined to €81.8 million, resulting in a negative 2.3% YoY change.
In H1 2026, Nagarro's revenues increased by 4.2% YoY in constant currency, amounting to €500.5 million. Adjusted EBITDA margin improved significantly, rising from 12.2% to 13.8%. The company also reported a net profit of €29.8 million for the first half of 2026.
Nagarro's cash balance as of June 30, 2026, was €131.3 million, while its loans and borrowings remained stable at €310.5 million. The company employs around 18,700 people across 39 countries and is guided by its CARING values.