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Endava Ltd (DAVA)
NYSE:DAVA
Earnings Data
Report Date
May 21, 2026TBA (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.27Last Year’s EPS
0.46Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced clear strategic progress—accelerating AI‑native initiatives (Dava Flow, Dava Rise), meaningful partnership wins (OpenAI, hyperscalers), product launches and several client successes—with material near‑term financial deterioration (YoY revenue decline, significant margin compression, a pre‑tax loss, reduced free cash flow and higher borrowings). Management positions these as conscious, margin‑dilutive investments to scale AI capability and capture longer‑term opportunity, while guidance implies modest underlying sequential recovery into Q4; therefore the results reflect meaningful short‑term pain for a stated longer‑term strategic shift.Company Guidance
Revenue and Guidance Outperformance
Quarterly revenue of £184.1M exceeded the upper end of the company's guidance; revenue was down 5.9% year‑over‑year but increased 3.3% sequentially from Q1 FY2026.
Strong Early Traction for Dava Flow (AI‑native Delivery)
Clients report faster delivery, tighter control and full traceability with Dava Flow; example: a 90‑minute signal session produced weeks of traditional output, and two live Dava Flow engagements are showing higher productivity and better quality.
Material AI Project Wins and Early Results
Advanced enterprise‑scale AI projects including a payments chargeback dispute system (six‑month project with promising mid‑project results) and an AI‑native insurer incubator (agent‑based delivery stood up in ~3 weeks with a backlog of 50+ improvement hypotheses).
Expanded Strategic Partnerships
Completed first year as an official OpenAI services partner with pipeline for Enterprise ChatGPT; accelerating demand across hyperscalers (AWS, Google Cloud, Microsoft Azure); new partnerships with Miro and Cognition to deepen agentic workflows and agentic coding.
Notable Client Wins and Deliveries
Selected by PayNetNets/NexSys to design a cloud‑native cross‑border payment switch on AWS; extended commitments with two largest payments customers; Accor Plus payments/loyalty overhaul yielded a 39% increase in product page conversion in first 30 days.
Product and GTM Investments
Launched two AWS Marketplace offerings (cloud application engineering accelerator and AWS Landing Zone) and rolled out Dava Rise venture acceleration program (inaugural cohort with Octopus Ventures) to convert start‑up innovation into enterprise solutions.
Cash Position and Share Repurchase Progress
Cash & cash equivalents increased to £68.5M (from £59.3M at 06/30/2025); repurchased ~8,000,000 ADSs for $121.9M under the buyback program (remaining $28.1M authorization).
Workforce Investments and Talent Upskilling
Continued hiring, training and upskilling for next‑gen AI talent and embedding AI capabilities across the organization to support AI‑native delivery despite a modest YoY headcount reduction.
DAVA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DAVA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $5.23 | $5.03 | -3.82% |
Nov 11, 2025 | $9.43 | $6.95 | -26.30% |
Sep 04, 2025 | $14.38 | $9.97 | -30.67% |
May 14, 2025 | $21.41 | $15.64 | -26.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Endava Ltd (DAVA) report earnings?
Endava Ltd (DAVA) is schdueled to report earning on May 21, 2026, TBA (Confirmed).
What is Endava Ltd (DAVA) earnings time?
Endava Ltd (DAVA) earnings time is at May 21, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DAVA EPS forecast?
DAVA EPS forecast for the fiscal quarter 2026 (Q3) is 0.27.