Filing Flows › Netsol Technologies (NTWK) › Q3 FY26 › vs Q2 FY26
Netsol Technologies (NTWK) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Netsol Technologies's revenue rose $1.2M (+6%) from $20.1M in Q2 FY26 to $21.3M in Q3 FY26. The biggest changes: Asia-Pacific +$972K (+7%); Europe +$791K (+24%); North America −$520K (-19%). Gross margin 51.8% against 45.0% (+6.8 pts).
Netsol Technologies, Q3 FY26: revenue $21.3M (+4% year over year), operating margin 14.1%, net earnings $1.3M, operating cash flow −$1.3M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 51.8% | 45.0% | +6.8 pts |
| Operating margin | 14.1% | 6.5% | +7.6 pts |
| Net margin | 6.1% | 1.2% | +4.9 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Asia-Pacific | $15.0M | $14.0M | $972K | +7% |
| Europe | $4.1M | $3.3M | $791K | +24% |
| North America | $2.2M | $2.7M | −$520K | -19% |
| Revenue | $21.3M | $20.1M | $1.2M | +6% |
| Gross profit | $11.0M | $9.0M | $2.0M | +22% |
| Cost of revenue | $10.3M | $11.0M | −$756K | -7% |
| Other income, net | $90K | $143K | −$53K | -37% |
| Operating profit | $3.0M | $1.3M | $1.7M | +131% |
| Operating expenses | $8.0M | $7.7M | $293K | +4% |
| Pre-tax earnings | $3.1M | $1.4M | $1.7M | +115% |
| Research & development | $166K | $248K | −$81K | -33% |
| SG&A | $7.9M | $7.5M | $374K | +5% |
| Net earnings | $1.3M | $247K | $1.1M | +427% |
| Minority interests | $1.0M | $715K | $298K | +42% |
| Income tax | $781K | $480K | $301K | +63% |
| Operating cash sources | $3.0M | $5.4M | −$2.3M | -44% |
| Depreciation | $307K | $300K | $8K | +3% |
| Share-based compensation | $61K | $61K | $0 | 0% |
| Cash used in operations | $1.3M | $4.7M | −$3.4M | -72% |
| Working capital & other | $3.0M | $5.4M | −$2.3M | -44% |
Questions
How much did Netsol Technologies's revenue grow quarter over quarter in Q3 FY26?
Netsol Technologies's revenue rose $1.2M (+6%) from $20.1M in Q2 FY26 to $21.3M in Q3 FY26.
What drove Netsol Technologies's revenue change in Q3 FY26?
Asia-Pacific +$972K (+7%); Europe +$791K (+24%); North America −$520K (-19%).