Endava PLC is downgraded to hold as the anticipated H2 2026 recovery has not materialized and execution remains challenged. Q3 2026 revenue declined 8.4% y/y, with adjusted profit before tax margin dropping to 1.8% from 12.6%, reflecting weak pipeline conversion and profitability. AI-driven business is scaling rapidly, now 15% of revenue with higher margins, but not yet sufficient to offset legacy business weakness.
Endava plc (DAVA) Q3 2026 Earnings Call Transcript
Endava PLC Sponsored ADR (DAVA) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.43 per share a year ago.
| Transportation Infrastructure Industry | Industrials Sector | John Edward Cotterell CEO | XFRA Exchange | 29260V105 CUSIP |
| GB Country | 11,225 Employees | - Last Dividend | - Last Split | - IPO Date |
Endava plc is a global technology services provider, catering to clients across various sectors such as consumer products, healthcare, mobility, retail, payments, financial services, telecommunications, media, and technology. Established in the year 2000 and based in London, United Kingdom, the company has a broad international presence, serving clients in North America, Europe, the UK, and other parts of the world. Endava specializes in driving innovation and delivering complex solutions that align with their client's business goals, ensuring enhanced value and competitiveness in their respective markets.
Endava offers a comprehensive suite of services, each designed to address different aspects of digital transformation and technology development: