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Endava Posts Interim Loss as Revenue Declines in First Half of FY2026

Story Highlights
  • Endava’s first-half FY2026 revenue fell to £362.3 million, and the group moved from profit to a £15.1 million net loss.
  • The company booked £9.2 million in total comprehensive expense but maintained its U.S. capital markets setup by updating key SEC registrations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Endava Posts Interim Loss as Revenue Declines in First Half of FY2026

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Endava ( (DAVA) ) just unveiled an announcement.

On March 30, 2026, Endava reported unaudited condensed consolidated interim results for the six months ended December 31, 2025, showing revenue of £362.3 million, down from £390.6 million a year earlier. The company swung to a pre-tax loss of £15.7 million and a net loss attributable to shareholders of £15.1 million, compared with a £6.7 million pre-tax profit and £9.1 million net profit in the prior-year period, as weaker gross profit and higher net finance costs pressured earnings.

Total comprehensive expense attributable to shareholders was £9.2 million versus £4.7 million a year earlier, though foreign exchange movements provided a partial offset via £5.9 million of positive translation and hedge effects. Endava also reaffirmed its U.S. capital markets infrastructure, naming Endava Inc. in New York as its U.S. agent for service of process and incorporating these interim results into its existing shelf and employee share plan registration statements, steps that support continued access to equity financing and employee incentive programmes despite the interim loss.

The most recent analyst rating on (DAVA) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Endava stock, see the DAVA Stock Forecast page.

Spark’s Take on DAVA Stock

According to Spark, TipRanks’ AI Analyst, DAVA is a Neutral.

The score is primarily held back by deteriorating financial performance (revenue decline, net loss, and sharp margin compression) and clearly bearish technical signals (below key moving averages with negative MACD). Earnings call commentary adds modest support via sequential recovery expectations, strong near-term coverage, and AI traction, but valuation lacks dividend support and the P/E is not compelling relative to the weakened profitability.

To see Spark’s full report on DAVA stock, click here.

More about Endava

Endava plc is a London-headquartered technology services company that provides digital transformation, software engineering and related IT services to clients globally. The group operates as a foreign private issuer in the U.S. capital markets, with its ordinary shares registered with the Securities and Exchange Commission and subject to ongoing reporting obligations.

Average Trading Volume: 452,271

Technical Sentiment Signal: Sell

Current Market Cap: $243.9M

For detailed information about DAVA stock, go to TipRanks’ Stock Analysis page.

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