Nagarro SE Stock (DE000A3H2200): Releases FY 2025 Results with €999M Revenue, Proposes €1.00 Dividend

Nagarro SE released its audited FY 2025 financial statements on April 29, 2026, reporting revenue of €999 million, up 2.8% from prior year. U.S. investors can access the stock via OTC Markets under NGRRF, with continued dividend strategy amid digital engineering demand.

Nagarro SE, a Munich-based digital engineering firm, published its audited financial statements and annual report for fiscal year 2025 on April 29, 2026. The release confirms preliminary figures announced earlier, showing revenue of €999 million, a 2.8% increase from FY 2024, or 6.1% growth at constant currencies, according to the company release dated April 29, 2026. Gross profit rose 8.6% to €321 million in the period.

This earnings update highlights steady demand for Nagarro SE's technology consulting services amid global digital transformation trends. U.S. retail investors follow the stock through its OTC quotation as NGRRF, gaining exposure to European tech growth without direct Frankfurt listing.

As of 29.04.2026

By the AD HOC NEWS editorial team – specialist desk for technology stocks.

At a glance

• Name: Nagarro SE
• ISIN: DE000A3H2200
• Sector/industry: Digital engineering and technology consulting
• Headquarters/country: Germany
• Key markets: Global, with focus on North America and Europe
• Main revenue drivers: Digital transformation projects, software engineering services
• Primary listing/trading venue: Frankfurt Stock Exchange
• Trading currency: EUR, with OTC access in USD for U.S. investors
• Latest quarterly results: FY 2025 full-year: €999M revenue, published April 29, 2026

How Nagarro SE makes money

Nagarro SE generates revenue primarily through digital engineering and technology consulting services, helping clients build innovative, digital-first operations. Founded in 1996, the company operates globally from its Munich headquarters, delivering projects in software development, cloud migration, and AI integration, as described on its official website.

The business model centers on long-term client partnerships across industries like financial services, healthcare, and retail. Revenue comes from time-and-materials contracts, fixed-price projects, and outcome-based engagements, allowing flexibility in serving multinational corporations seeking competitive edges in digital markets.

Peers in the digital engineering space include publicly traded firms like Globant SA (GLOB), which offers similar IT consulting and software development tailored to digital transformation, verified through its 10-K filings with the SEC detailing core services in digital engineering.

The key revenue and product drivers for Nagarro SE

For FY 2025, ended December 31, 2025, Nagarro SE reported revenue of €999 million, up 2.8% from €972 million in FY 2024, with constant currency growth of 6.1%, per the company release dated April 29, 2026. Gross profit increased 8.6% to €321 million, reflecting improved project margins and operational efficiency.

Key drivers include demand for cloud-native solutions and AI-driven engineering services, which form core offerings. The company also announced a proposed dividend of €1.00 per share, continuing its payout strategy following the FY 2025 results, as noted in Webdisclosure coverage dated April 29, 2026.

Preliminary FY 2026 guidance was reaffirmed in the release, though specific ranges were outlined earlier in conjunction with the independent investigation conclusion, according to OTC Markets news dated prior to April 29, 2026.

Industry trends and competitive position

The digital engineering sector benefits from rising corporate investments in digital transformation, with global IT services spending projected to grow amid AI and cloud adoption. Nagarro SE positions itself as a leader in fluidic enterprises, focusing on agile methodologies to deliver faster innovation cycles.

Competitive dynamics involve balancing nearshore delivery models with specialized talent pools. Firms like Thoughtworks Holding Inc. (TWKS), active in digital strategy and engineering per its SEC filings, represent peers navigating similar trends in agile software delivery and product engineering.

Market consolidation and talent competition shape the landscape, where Nagarro SE differentiates through its end-to-end capabilities from strategy to deployment.

Why Nagarro SE matters for U.S. investors

U.S. investors access Nagarro SE via OTC Markets under ticker NGRRF, providing dollar-denominated trading and exposure to European digital engineering growth without currency conversion hassles at primary exchanges. The firm's global client base includes North American enterprises driving demand for its services.

With revenue reported in euros but significant U.S. market presence through offices and projects, the stock offers diversification into tech consulting trends paralleling U.S. peers. FY 2025 results demonstrate resilience in a sector aligned with American tech spending patterns.

OTC trading facilitates monitoring for retail portfolios seeking international IT services plays amid U.S.-centric market rotations.

Which investor profile fits Nagarro SE stock — and which may not

Investors focused on steady-growth technology consultancies with dividend policies may track Nagarro SE, given its FY 2025 revenue expansion and proposed €1.00 payout. Those emphasizing digital transformation exposure across regions find alignment with the company's service portfolio.

Profiles prioritizing high-volatility growth names or pure AI hardware plays might look elsewhere, as Nagarro SE emphasizes engineering services over speculative tech segments. Conservative portfolios valuing audited results and global diversification could include it via OTC access.

Risks and open questions for Nagarro SE

Currency fluctuations impact reported figures, with FY 2025 constant currency growth of 6.1% outpacing reported 2.8% due to euro dynamics versus client currencies. Project delays or client concentration in key verticals pose execution risks in consulting models.

Talent retention in competitive tech labor markets remains critical, as scaling delivery capacity supports margin expansion seen in gross profit gains. Regulatory changes in data privacy across Europe and North America could influence operations.

Guidance execution for FY 2026 will clarify trajectory post-FY 2025 delivery.

What investors can watch next

Following the FY 2025 release on April 29, 2026, attention turns to FY 2026 quarterly updates and dividend approval at the annual general meeting. Confirmation of preliminary guidance numbers provides near-term benchmarks.

Next items to watch

• FY 2026 Q1: Earnings release expected in late April 2026
• AGM: Dividend approval and outlook confirmation

Bottom line

Nagarro SE's FY 2025 results, released April 29, 2026, delivered €999 million in revenue and a proposed €1.00 dividend, underscoring operational stability in digital engineering. U.S. investors via OTC Markets gain access to this European tech story amid global demand trends. The reaffirmation of FY 2026 guidance sets the stage for continued monitoring of quarterly progress.

Disclaimer: This is not investment advice. Stocks are volatile financial instruments.