NetSol Q3 FY26 net income falls to $1.3 million; revenue rises 13% to $19.83 million
NetSol Technologies, Inc. NTWK | 0.00 |
- NetSol Technologies posted net revenues of $19.83 million for quarter ended March 31, 2026, up 13.05% from a year earlier, while net income attributable to shareholders fell 8.64% to $1.3 million.
- Operating income climbed 93.53% to $3.01 million, lifting operating margin by 6.3 percentage points to 15.2%.
- Gross profit rose 26.16% to $11.03 million, pushing gross margin up 5.8 percentage points to 55.6%.
- License fees were $4.73 million versus no revenue a year earlier, while services revenue dropped 34.8% to $6.29 million.
- Quarter highlights included a multi-million dollar extension to support a legacy platform, about $1.5 million of customer-requested platform modifications, and a China wholesale lending deployment deal with total contract value of about $732,000.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NetSol Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-022930), on May 14, 2026, and is solely responsible for the information contained therein.
