NETSOL Technologies Q2 sales rise on services revenue growth

Netsol Technologies

12/02/2026 12:45

Corrects net income in Key Details table to $246,757, not $9 mln

Overview

AI solutions provider's fiscal Q2 revenue up 21.1% yr/yr

Company's gross margin expanded to 48% from 44.5%

Operating income improved to $1.3 mln from a loss of $0.5 mln

Outlook

NETSOL sees potential for recurring revenue growth as customer deployments complete

Company investing in AI to enhance product roadmap and extend capabilities

NETSOL prioritizes cost discipline while investing in strategic services

Result Drivers

SERVICES REVENUE GROWTH - Co attributed 40.9% increase in services revenues to active implementations of Transcend Finance and Transcend Retail

SAAS REVENUE MODERATION - SaaS revenue growth moderated by timing of customer go-lives, with potential for acceleration as deployments complete

AI INVESTMENTS - Co investing in AI, including Check, an AI-enabled credit decisioning capability, to enhance product offerings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$18.80 mln
Q2 EPS
$0.02
Q2 Net Income
$246,757
Q2 Adjusted EBITDA
$1.70 mln
Q2 Gross Profit
$9 mln


Press Release: ID:nGNXbTXcRp

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 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)