Nagarro delivered a resilient performance in Q2 2025, with a revenue of EUR 252 million and strong operational efficiency, despite challenges from currency fluctuations impacting adjusted EBITDA.

• Revenue reached EUR 252 million in Q2 2025, reflecting solid underlying business improvements.
• Adjusted EBITDA margin stands at 12.1%, affected by an EUR 18 million loss due to currency revaluation of intercompany loans.
• Gross margin increased to 33.2%, up from 30.0% year-over-year, benefitting from improved productivity gains.
• The company expects full-year revenue to align with the lower end of previous guidance, adjusting it to EUR 1,020-1,080 million.
• Positive client engagement trends noted, with 188 accounts generating over EUR 1 million each, reinforcing customer loyalty amid a soft market environment.