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Netsol Technologies (NTWK) earnings and revenue breakdown
Latest: Q4 FY26 · 10-K filed Sep 28, 2026 · Netsol Technologies (NTWK) Q4 FY26 earnings results →
Q4 FY26 Revenue up 6% year over year to $20.7M · 18¢ of every $1 of revenue kept as net profit · operating margin 21.6%
Netsol Technologies made $20.7M in Q4 FY26 (+6% Y/Y): Service $11.7M, Subscription and Support $8.9M, License $36K. Operating margin 21.6%, net earnings $3.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-K filed Sep 28, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $20.7M in Q4 FY26, up 6% year over year and down 3% from the previous quarter. Service was the largest line at 57% of revenue.
Gross margin was 63.6%, up 10.5 points from Q4 FY25. Operating profit was $4.5M, a 21.6% margin (up 5.2 points year over year). Of the extra revenue versus Q4 FY25, 104% reached operating profit, above the 16% margin then. Operating expenses grew 22% against revenue growth of 6%. The fastest-growing cost line was SG&A (+24%). Net earnings were $3.8M, up 46% year over year. The effective tax rate was 3.3%.
Operating cash flow was $14.7M (up 3227% year over year), 323% of net income including minority interests. Non-cash charges added back $307K of depreciation and $491K of share-based compensation. Working capital and other items added $9.3M. Capital expenditures of $628K left free cash flow of $14.0M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q4 FY26 | 10-K | Sep 28, 2026 | $20.7M | +6% | 21.6% | $3.8M | $14.7M |
| Q3 FY26 | 10-Q | May 14, 2026 | $21.3M | +4% | 14.1% | $1.3M | −$1.3M |
| Q2 FY26 | 10-Q | Feb 12, 2026 | $20.1M | +12% | 6.5% | $247K | −$4.7M |
| Q1 FY26 | 10-Q | Nov 12, 2025 | $16.1M | +6% | -11.4% | −$2.2M | $5.3M |
| Q4 FY25 | 10-K | Sep 29, 2025 | $19.5M | +18% | 16.4% | $2.6M | $441K |
| Q3 FY25 | 10-Q | May 14, 2025 | $20.5M | +33% | 7.6% | $1.4M | −$363K |
| Q2 FY25 | 10-Q | Feb 13, 2025 | $17.9M | +17% | -2.7% | −$1.2M | −$5.1M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Netsol Technologies
NetSol Technologies, Inc. (“NetSol” or the “Company”) is a global provider of AI-enabled solutions and services powering OEMs, dealerships and financial institutions to sell, finance and lease assets. The Company is headquartered in Encino, California and operates through three reportable geographic segments: North America, Europe and Asia-Pacific, serving customers in more than 30 countries. NetSol generates revenues primarily through software licensing, subscription fees, implementation services and ongoing maintenance and support. The Company’s solutions and services are marketed under the Transcend™ Platform brand.
In its own words, from its 10-K, filed Sep 28, 2026.
Netsol Technologies against its Services-Prepackaged Software peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +6% against the peers' median +14%. Operating margin: 21.6% against the peers' median 20.5%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| NTWK Netsol Technologies | Q4 FY26 | $20.7M | +6% | 21.6% |
| MSFT Microsoft | Q1 FY27 | $92.3B | +19% | 49.8% |
| ORCL Oracle | Q1 FY27 | $19.3B | +30% | 34.8% |
| CRM Salesforce | Q2 FY27 | $11.3B | +11% | 20.5% |
| ADBE Adobe | Q3 FY26 | $6.8B | +13% | 34.8% |
| XYZ Block | Q3 2026 | $6.7B | +10% | 6.4% |
| INTU Intuit | Q4 FY26 | $4.4B | +14% | 10.9% |
| NOW ServiceNow | Q3 2026 | $4.1B | +20% | 9.4% |
| SHOP Shopify | Q3 2026 | $3.7B | +32% | 15.2% |
Source: Netsol Technologies 10-K on SEC EDGAR · CIK 1039280 · Services-Prepackaged Software
Guidance and outlook
13F: who owns NTWK and who is buying
More on NTWK
History
Every quarter: Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results · Q2 FY25 results