Listopedia

Endava

UK digital services firm; ranked on fiscal 2025 accounts

Overview

Endava is a technology services company listed on the New York Stock Exchange that reports in pounds sterling and has a fiscal year ending 30 June. For FY2025 it reported revenue of £772.3 million, up 4.3% from £740.8 million (6.3% at constant currency), with adjusted profit before tax of £82.1 million and statutory profit of £21.2 million.[5] Fourth-quarter revenue declined 3.9% to £186.8 million, and the company guided to a further constant-currency decline in the first quarter of FY2026. Headcount was 11,479 at 30 June 2025, down from 12,085 a year earlier, and the number of clients paying more than £1 million a year fell from 146 to 133.[5] Endava has historically been strong in payments and financial services work and runs much of its delivery from Romania, Moldova, North Macedonia and other nearshore locations.

Endava strengths and limitations

Strengths

  • Large EU nearshore base, mainly in Romania
  • Latin American centres for North American clients
  • Founder-led since 2000
  • Nearshore delivery for UK and European clients
  • Audited annual results
  • Long specialisation in payments and banking technology

Limitations

  • Accounting investigation and delayed fiscal 2026 annual report
  • Headcount fell from 12,085 to 11,479 in fiscal 2025
  • Clients billing over £1 million fell from 146 to 133 during FY2025
  • Fourth-quarter FY2025 revenue declined 3.9% year on year
  • Headcount and £1m+ client count both fell in FY2025
  • Guided to a revenue decline for the first quarter of FY2026

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