Filing Flows › Netsol Technologies (NTWK) › Q1 FY26
Netsol Technologies (NTWK) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 12, 2025
Netsol Technologies (NTWK) reported revenue of $16.1M for the first quarter fiscal 2026 (Q1 FY26), +6% from a year earlier and -18% from the quarter before. Operating margin was -11.4%, net loss $2.2M (13.8% of revenue).
Netsol Technologies, Q1 FY26: revenue $16.1M (+6% year over year), operating margin -11.4%, net loss $2.2M, operating cash flow $5.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.1M | -18% | +6% |
| Operating profit | −$1.8M | -158% | — |
| Net earnings | −$2.2M | -186% | — |
| Operating cash flow | $5.3M | 12× | -4% |
| Free cash flow | $4.8M | — | -11% |
What changed
Revenue was $16.1M in Q1 FY26, up 6% year over year and down 18% from the previous quarter. Asia-Pacific was the largest line at 66% of revenue. Europe added $809K year over year (up 32%), 95% of the total change. North America declined 27%.
Gross margin was 36.8%, down 6.3 points from a year earlier. Operating costs exceeded revenue by $1.8M, an operating margin of -11.4%. Operating expenses grew 6% against revenue growth of 6%. The quarter ended with a net loss of $2.2M, after a profit of $3.7M the previous quarter.
Operating cash flow was $5.3M (down 4% year over year). Non-cash charges added back $325K of depreciation and $145K of share-based compensation. Working capital and other items added $7.1M. Capital expenditures of $485K left free cash flow of $4.8M.
Questions
What was Netsol Technologies' revenue in the first quarter fiscal 2026?
Netsol Technologies (NTWK) reported revenue of $16.1M for the first quarter fiscal 2026 (Q1 FY26), +6% from a year earlier and -18% from the quarter before.
Was Netsol Technologies profitable in the first quarter fiscal 2026?
Operating loss was $1.8M (-11.4% of revenue) and net loss $2.2M.