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How Netsol Technologies (NTWK) makes money
Netsol Technologies (NTWK) made $20.7M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Service brought in $11.7M (57%); Subscription and Support brought in $8.9M (43%); License brought in $36K (0%). Of every dollar of revenue, 64¢ was left as gross profit, 22¢ was left as operating profit, 18¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q4 FY26
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Service | $11.7M | 56.6% | — | — |
| Subscription and Support | $8.9M | 43.2% | — | — |
| License | $36K | 0.2% | — | — |
Where each dollar of revenue goes
| Line | Q4 FY26 | % of revenue |
|---|---|---|
| Revenue | $20.7M | 100.0% |
| Cost of revenue | $7.5M | 36.4% |
| Gross profit | $13.2M | 63.6% |
| Operating expenses | $8.7M | 42.0% |
| Operating profit | $4.5M | 21.6% |
| Income tax | $153K | 0.7% |
| Net earnings | $3.8M | 18.1% |
| Operating cash flow | $14.7M | 70.8% |
| Free cash flow | $14.0M | 67.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q4 FY26 | $20.7M | +6% |
| Q3 FY26 | $21.3M | +4% |
| Q2 FY26 | $20.1M | +12% |
| Q1 FY26 | $16.1M | +6% |
| Q4 FY25 | $19.5M | +18% |
| Q3 FY25 | $20.5M | +33% |
| Q2 FY25 | $17.9M | +17% |
From Netsol Technologies' 10-K filed Sep 28, 2026 (on EDGAR).
Questions
How does Netsol Technologies make money?
Netsol Technologies (NTWK) made $20.7M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Service brought in $11.7M (57%); Subscription and Support brought in $8.9M (43%); License brought in $36K (0%). Of every dollar of revenue, 64¢ was left as gross profit, 22¢ was left as operating profit, 18¢ was left as net earnings.
What is Netsol Technologies' biggest business?
Service: $11.7M in the fourth quarter fiscal 2026, 57% of revenue.
What is Netsol Technologies' profit margin?
Net earnings were $3.8M, 18.1% of revenue, in the fourth quarter fiscal 2026; the operating margin was 21.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.