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NTWK · 10-Q filed May 14, 2026

NTWK earnings analysis

What we found in NTWK's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.

Our reading of the filing · Free to read, no account needed

NetSol Technologies reported Q3 2026 results reflecting strong revenue growth of 13.07% to $19.8 million compared to Q3 2025, alongside improved gross margins of 55.6%. However, diluted EPS decreased from $0.12 to $0.11, indicating ongoing profitability challenges.

What stood out

The parts that mattered.

Pulled out of the filing itself, with the figures the company reported.

Revenue Growth
Net revenues increased by 13.07% to $19.8 million in Q3 2026 from $17.54 million in Q3 2025.
Improved Gross Margin
Gross margin improved significantly to 55.6% in Q3 2026 from 49.8% in Q3 2025.
Operating Income Increase
Income from operations rose 93.64% to $3.0 million in Q3 2026 compared to $1.55 million in Q3 2025.
Segment Performance in Asia-Pacific
Revenue from Asia-Pacific surged by 73.53% to $13.55 million in Q3 2026, up from $7.78 million in Q3 2025.
Decrease in Service Revenue
Service income decreased by 34.73% to $6.29 million in Q3 2026, down from $9.65 million in Q3 2025.
Net Income Before Taxes Growth
Net income before income taxes grew by 55.73% to $3.1 million, compared to $1.99 million the prior year.
What to watch

And the other side of it.

The offsets in the same document — the things a summary that only listed the good news would have left out.

Decline in Services Revenue
Services income fell by 34.73% to $6.29 million in Q3 2026 from $9.65 million in Q3 2025, indicating potential project delays.
Net Income Decrease
Net income attributable to NetSol decreased to $1.30 million in Q3 2026 compared to $1.42 million in Q3 2025.
Increased Operating Expenses
Total operating expenses increased to $8.02 million in Q3 2026 from $7.19 million in Q3 2025, rising 11.5%.
The numbers

What they reported.

What the company itself reported, taken out of the document.

What survived to operating profit
Of every $100 of revenue Cost of sales $45 Operating expenses $40 Left as operating profit $15
Percentages of revenue, taken from the filing. Drawn this way because it holds whatever scale the company reports in.
Earnings per share
$0.11
Gross margin
55.6%
Operating margin
15.2%
Segment
North America - $2.23 million
Segment
Europe - $4.05 million
Segment
Asia-Pacific - $13.55 million
Guidance

What they said about what is next.

Management anticipates revenue growth to continue, citing ongoing demand for their Transcend platform.

How we read the filing overall

The filing reads about the same as the one before it.

One reading of one document. It is not advice, and it is not a forecast.
Earlier filings

What came before.

10-Q · February 12, 2026
NETSOL Technologies showed solid growth in Q2 2026 with revenues rising to $19 million, a 21% year-over-year increase. Despite a significant improvement in gross margins, the diluted EPS of $0.02 was a miss against…
10-Q · November 12, 2025
NetSol Technologies reported a mixed performance for Q4 FY 2025, with revenues edging up to $18 million, driven by robust subscription and support fees, but experiencing significant net losses. Gross margins improved to…
10-K · September 29, 2025
NetSol Technologies, Inc. reported total revenues of $66.09 million for the fiscal year ending June 30, 2025, a notable increase from $61.39 million in the previous year, driven primarily by strong performance in…
10-Q · May 14, 2025
NetSol Technologies reported improved financial performance in Q3 2025, with revenue rising 16.67% year-over-year to $17.54 million and EPS increasing from $0.03 to $0.12. Operating income also improved to $1.55…

This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.

Read the next one first.

We read every filing NTWK makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.

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