Filing Flows › Netsol Technologies (NTWK) › Q4 FY26 › vs Q3 FY26
Netsol Technologies (NTWK) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Netsol Technologies's revenue fell $570K (-3%) from $21.3M in Q3 FY26 to $20.7M in Q4 FY26. Gross margin 63.6% against 51.8% (+11.8 pts).
Netsol Technologies, Q4 FY26: revenue $20.7M (+6% year over year), operating margin 21.6%, net earnings $3.8M, operating cash flow $14.7M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 63.6% | 51.8% | +11.8 pts |
| Operating margin | 21.6% | 14.1% | +7.5 pts |
| Net margin | 18.1% | 6.1% | +12.0 pts |
| Free cash flow margin | 67.8% | -8.7% | +76.5 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $20.7M | $21.3M | −$570K | -3% |
| Gross profit | $13.2M | $11.0M | $2.1M | +19% |
| Cost of revenue | $7.5M | $10.3M | −$2.7M | -26% |
| Other income, net | $210K | $90K | $120K | +134% |
| Operating profit | $4.5M | $3.0M | $1.5M | +49% |
| Operating expenses | $8.7M | $8.0M | $676K | +8% |
| Pre-tax earnings | $4.7M | $3.1M | $1.6M | +51% |
| Research & development | $154K | $166K | −$13K | -8% |
| SG&A | $8.5M | $7.9M | $688K | +9% |
| Net earnings | $3.8M | $1.3M | $2.5M | +189% |
| Minority interests | $776K | $1.0M | −$237K | -23% |
| Income tax | $153K | $781K | −$628K | -80% |
| Depreciation | $307K | $307K | −$1K | -0.3% |
| Share-based compensation | $491K | $61K | $430K | +706% |
| Working capital & other | $10.1M | −$3.0M | $13.1M | — |
| Operating cash flow | $14.7M | −$1.3M | $16.0M | — |
| Free cash flow (OCF − capex) | $14.0M | −$1.9M | $15.9M | — |
| Capital expenditures | $628K | $523K | $105K | +20% |
Questions
How much did Netsol Technologies's revenue grow quarter over quarter in Q4 FY26?
Netsol Technologies's revenue fell $570K (-3%) from $21.3M in Q3 FY26 to $20.7M in Q4 FY26. Gross margin 63.6% against 51.8% (+11.8 pts).