Nagarro SE

MUNICH, June 1, 2026 /PRNewswire/ -- Nagarro, a global AI transformation and engineering leader, has been recognized as a CX Star Performer in the 2026 ISG Star of Excellence™ Digital Engineering Services study and named a Leader in the ISG Provider Lens 2026 Digital Engineering Services Midsize Providers report. 

ISG (Information Services Group) is a global AI-centred technology research and advisory firm that works with 75 of the world's top 100 enterprises. The ISG Star of Excellence™ program is based on independent customer surveys conducted across the global technology and business services industry.

Nagarro was recognized for bringing together product strategy, experience design, engineering, data, and AI capabilities to help enterprises accelerate product innovation and modernise digital platforms, highlighting its strengths across cloud-native modernisation, AI-enhanced experience design, platform engineering, and enterprise transformation. Nagarro achieved an overall customer experience score of 93.05, well above the industry average of 86.59.

Moreover, Nagarro was named a Leader in Augmented Design and R&D Services and Integrated Platform and Application Services in ISG's report on Digital Engineering Services Midsize Providers in Europe. The recognition rests on its Fluidic Intelligence framework, advisory-led product strategy tied to quantified value mapping, AI-enhanced experience design, and a Fluidic SDLC that embeds agentic workflows into development.

Srinivasan P N, Senior Lead Analyst, ISG, said, "Nagarro stands out in Digital Engineering through its strong leadership in Augmented Design & R&D Services and Integrated Platform and Application Services. Its engineering–first DNA, combined with design–led thinking and AI–native execution, enables enterprises to build, modernize, and scale digital products and platforms with speed and resilience. Nagarro continues to challenge the market in Intelligent Operations and Connected Experience through AI–driven automation and platform–centric service models."

Rahul Mahajan, CTO, Nagarro, said, "As the industry pivots toward enterprise Agentic transformation, clients are increasingly seeking strategic partners to help them reimagine their operational decision fabric. We believe that true maturity in this space requires domain-specialized agentic advisory, deep integration with enterprise context, codified governance, and an actionable AI change-management framework—the very pillars that shape our vision for Fluidic Intelligence. An AI-native engineering DNA is critical for enterprises looking to unlock the next era of value. By combining our engineering depth with transformation advisory, we are uniquely positioned to partner with organizations driving sustainable growth."

The recognitions reflect growing enterprise demand for partners that can combine digital engineering depth with applied AI capabilities at scale. They also highlight Nagarro's continued focus on helping clients modernize platforms, accelerate product development, and build more adaptive digital businesses.

About ISG Provider Lens™

The ISG Provider Lens™ research is an independent evaluation of service providers. It evaluates providers based on data-driven analysis, market presence, innovation, and client impact, helping enterprises assess partners for digital transformation initiatives.

About Nagarro

Nagarro, a global AI transformation and engineering leader, helps clients become fluidic, innovative, AI-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 18,500 people in 40 countries. For more information, please visit www.nagarro.com.

(FRA: NA9) (SDAX/TecDAX) (ISIN: DE000A3H2200) (WKN A3H220)

To read more, refer to the full report.

For inquiries, please contact: press@nagarro.com 

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MUNICH, May 15, 2026 /PRNewswire/ -- Today, Nagarro, a global AI transformation and engineering leader, presented its unaudited financial numbers for Q1 2026 and released its three-month statement.

In Q1 2026, revenue grew to €248.1 million, up 0.9% QoQ from €245.9 million in Q4 2025 and up 1.2% QoQ in constant currency. Revenue grew 0.5% YoY from €246.9 million in Q1 2025 and was up 6.5% YoY in constant currency, while organic revenue growth was down 1.1% YoY in Euro terms but up 4.8% YoY in constant currency. Gross profit grew to €77.4 million in Q1 2026 from €75.5 million in Q1 2025. Gross margin grew to 31.2% in Q1 2026 from 30.6% in Q1 2025. Adjusted EBITDA grew by €1.0 million from €30.2 million (12.2% of revenue) in Q1 2025 to €31.2 million (12.6% of revenue) in Q1 2026.

EBITDA increased by €5.7 million from €33.0 million in Q1 2025 to €38.8 million in Q1 2026 mainly due to a relative increase in income from reversal of share-based payment arrangements cost of €4.1 million; which was adjusted for calculating Adjusted EBITDA. EBIT increased by €5.9 million from €24.1 million in Q1 2025 to €30.0 million in Q1 2026. Net profit increased by €7.9 million to €19.2 million in Q1 2026 from €11.2 million in Q1 2025. The number of clients generating more than €1 million in last 12-month revenue was 179 in Q1 2026, down from 186 in Q1 2025, as several implementation-led programs were successfully completed and converted into stable, recurring managed services engagements.

Operating cash flows in Q1 2026 declined to negative €0.3 million from positive €37.5 million in Q1 2025 mainly due to a relative increase in working capital of €32.4 million. Factoring utilization under the non-recourse factoring program was decreased slightly by €0.2 million in Q1 2026, as compared to Q1 2025. Days of sales outstanding, calculated based on the quarterly revenue and including both contract assets and trade receivables, has increased from 82 days on December 31, 2025, to 86 days on March 31, 2026.

Nagarro's cash balance at the end of March 31, 2026, was €112.6 million as against €124.6 million at the end of December 31, 2025. Nagarro's loans and borrowings at the end of March 31, 2026, were €310.9 million as against €310.1 million at the end of December 31, 2025. The company added 540 professionals (net) in Q1 2026 to 18,543.

Manas Human, co-founder and CEO of Nagarro, said, "Our Q1 year-over-year growth came in as guided. We are advancing as an AI transformation and engineering company, and strengthening our advisory capabilities to be a trusted partner for our clients' AI transformation."

The summary of Q1 2026 unaudited numbers is as follows:

Nagarro SE will hold its earnings call to discuss Q1 2026 results on May 15, 2026, at 01:00 pm CEST (04:00 am PT / 06:00 am CT / 07:00 am ET / 12:00 pm BST / 03:00 pm GST / 04:30 pm IST / 07:00 pm SGT / 08:00 pm JST).

To attend, please register in advance at https://www.nagarro.com/en/investor-relations/quarterly-statement-call-q1-2026.

About Nagarro

Nagarro, a global AI transformation and engineering leader, helps clients become fluidic, innovative, AI-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 18,500 people in 40 countries. For more information, please visit www.nagarro.com.

(FRA: NA9) (SDAX/TecDAX) (ISIN: DE000A3H2200) (WKN A3H220)

For inquiries, please contact press@nagarro.com.

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