Overview
Endava plc is a publicly listed (NYSE: DAVA) British technology services firm headquartered in London. As of 31 December 2025 the firm reported 11,385 employees across Europe, the Americas, Asia Pacific, and the Middle East. Trailing-twelve-month revenue is approximately US$980 million. Endava is materially smaller than EPAM, Globant, or the Indian tier-1s, and positions itself as a specialist mid-sized engineering partner for payments, banking, insurance, and TMT clients.
For custom software development, Endava operates a nearshore-first model with delivery centres in Romania, Moldova, Bulgaria, Serbia, North Macedonia, Slovenia, and Colombia. The firm is best known in payments engineering — long-running work with Worldpay, Mastercard, and major UK retail banks — and has expanded its insurance and capital markets footprint through acquisitions of GalaxE.Solutions (2024) and IT alignment (2023). In FY2026 the firm announced a strategic pivot toward AI-led engineering and accompanying executive team changes; Q2 FY2026 reported revenue decline of 5.9 percent year-over-year.
Endava is a fit for European mid-market and upper mid-market clients buying engineering capacity in payments, financial services, and digital experience. It is less well suited to enterprise package implementation, large managed infrastructure, or US Federal cleared work. Buyers should diligence current revenue trajectory and executive stability as part of vendor selection.
Services Offered
- Product strategy and continuous delivery engineering
- Payments platform engineering, including ISO 20022 migrations
- AI-led engineering through Morpheus and AI Foundation
- Digital product design and customer experience
- Data engineering, lakehouse, and analytics services
- Cloud-native engineering on AWS, Azure, and GCP
- DevOps, platform engineering, and SRE adoption
- Legacy modernisation and microservices decomposition
- Test automation and quality engineering
- Dedicated engineering teams and staff augmentation
Typical Engagement
| Engagement Type | Model | Typical Range |
|---|---|---|
| Discovery and architecture assessment | Fixed-fee project | $100K–$400K (4–8 weeks) |
| Custom build programme | Time & materials, dedicated pod | $800K–$10M (9–24 months) |
| Multi-year managed engineering capacity | Outcome contract | $3M–$30M+ (3–5 years) |
| Dedicated pod retainer | Monthly retainer | $60K–$250K per month per pod |
| Staff augmentation (senior engineer) | Hourly bill rate | $55–$140/hour blended |
Pricing verified May 2026 from public procurement data and reference checks; ranges vary by region and engagement structure.
Strengths
- Deep payments engineering bench — long-running work with Worldpay, Mastercard, and UK retail banks
- Strong European nearshore delivery with Romanian, Moldovan, and Balkans bench — high time-zone overlap for UK and EU clients
- Public-company disclosure provides procurement visibility into headcount, attrition, and revenue trends
- Senior engineering bench with documented retention programmes — average engineer tenure above the peer-group median
- Smaller scale enables consistent partner-level account attention for mid-market and upper mid-market clients
- Mature insurance and capital markets capability following 2023–2024 acquisitions
Limitations
- Q2 FY2026 revenue declined 5.9 percent year-over-year, with executive team changes — buyers should diligence current account staffing and partner stability
- Material delivery concentration in Romania and surrounding countries creates ongoing geopolitical risk
- Smaller bench than EPAM, Globant, or Indian tier-1s — limited capacity for very large multi-year transformation programmes
- Limited capability in deep enterprise package implementation (SAP, Oracle ERP, Workday) and large infrastructure outsourcing
- US delivery base remains thin; clients requiring onshore-only US capacity often default to other vendors