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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…

Netsol Technologies revenue by segment, Q4 FY26Netsol Technologies revenue by segment, Q4 FY26Service$11.7MSubscription and Support$8.9MLicense$36K
Netsol Technologies revenue by quarterNetsol Technologies revenue by quarter$17.9MQ2 FY25$20.5MQ3 FY25$19.5MQ4 FY25$16.1MQ1 FY26$20.1MQ2 FY26$21.3MQ3 FY26$20.7MQ4 FY26
Netsol Technologies: where each dollar of revenue goesNetsol Technologies: where each dollar of revenue goesCost of revenue36¢Gross profit64¢Operating expenses42¢Operating profit22¢Income tax1¢Net earnings18¢Operating cash flow71¢Free cash flow68¢

Revenue by segment, Q4 FY26

SegmentRevenueShareQ/QY/Y
Service$11.7M56.6%——
Subscription and Support$8.9M43.2%——
License$36K0.2%——

Where each dollar of revenue goes

LineQ4 FY26% of revenue
Revenue$20.7M100.0%
Cost of revenue$7.5M36.4%
Gross profit$13.2M63.6%
Operating expenses$8.7M42.0%
Operating profit$4.5M21.6%
Income tax$153K0.7%
Net earnings$3.8M18.1%
Operating cash flow$14.7M70.8%
Free cash flow$14.0M67.8%

Revenue, quarter by quarter

QuarterRevenueY/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%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.