Endava plc Q2 2026 Earnings Recap

Endava plc reported a revenue of £184.1 million in Q2 FY 2026, reflecting a 5.9% year-over-year decline but a 3.3% increase sequentially, driven by strong initial demand for its AI-native solutions.

Key Takeaways

• Continued investment in AI initiatives, enhancing staffing and operational capabilities to position Endava as a leader in AI-native solutions.
• Dava Flow, the company's AI-native engagement lifecycle, is gaining traction among clients, yielding faster delivery and improved productivity.
• New strategic partnerships, including a joint venture with PayNetNets, reinforce Endava's presence in the payments sector.
• Successful enterprise-wide AI projects underway, demonstrating significant potential to streamline operations and enhance decision-making efficiency for clients.
• Expectations to expand Dava Flow's delivery portfolio and convert client interest into substantial, outcome-driven programs in the upcoming quarter.