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Nagarro Reports Q1 2026 Financial Performance
Nagarro, a global AI transformation firm, announced its Q1 2026 financial results, showcasing a revenue growth of 6.5% year-over-year in constant currency. Revenue reached €248.1 million, marking a 0.9% increase from Q4 2025. Gross profit rose to €77.4 million, and the gross margin edged up to 31.2%. The company’s net profit increased significantly by €7.9 million, totaling €19.2 million.
Despite the revenue growth, operating cash flows declined to negative €0.3 million due to a surge in working capital requirements. Days of sales outstanding grew from 82 to 86 days between December 2025 and March 2026. Nagarro's cash balance dropped to €112.6 million by the end of March.
The CEO, Manas Human, affirmed the company's commitment to advancing its capabilities in AI transformation and engineering. The company is set to discuss its results in a call on May 15, 2026.
R. H.
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