NetSol Technologies Reports Fiscal First Quarter 2026 Financial Results

NetSol Technologies reported fiscal first-quarter 2026 revenue of $16.4 million, up 9.3% from $15.0 million a year earlier. Subscription and support revenue increased 6.1% to $9.5 million, and services revenue rose 6.3% to $6.4 million. The company posted GAAP net income of $0.16 million, or $0.01 per diluted share, versus a $2.36 million net loss in the prior-year quarter. Gross margin expanded to 50.5% from 39.4%, which the company attributed to revenue mix and capitalization of software development costs.