Endava plc Q4 2025 Earnings Recap

Endava reported strong fourth-quarter results, achieving its highest-ever order book value, driven by a robust pipeline of AI-focused opportunities. Despite short-term volatility, the company remains optimistic about its transformation to an AI-native model.

Key Takeaways

• Order book value for FY 2025 reached a record high, indicating strong client relationships and engagement with transformative technology.
• More than half of Endava’s workforce is actively using AI in projects, highlighting a significant shift towards AI-driven solutions.
• The company successfully developed an AI-driven document processing platform for a U.S. healthcare provider, enhancing operational efficiency and cost management.
• Continued partnerships with industry leaders, including OpenAI, are bolstering Endava’s AI capabilities and expanding deal flow.
• The operational environment remains challenging, with clients recalibrating spending, leading to a cautious outlook for fiscal year 2026.