0001493152-26-006335
SEC filingNetSol Technologies reported Q2 2026 results with total net revenues of $18.8 million, generating gross profit of $9.0 million and operating income of $1.3 million. Net income attributable to NetSol was $247 thousand. The company maintained a strong balance sheet with total assets of $62.7 million, including $18.1 million in cash and cash equivalents, and total liabilities of $20.7 million. Cash flow from operations was positive at $555 thousand, while investing activities used $753 thousand primarily for property and equipment purchases. Financing activities provided $725 thousand from stock option exercises and bank loans. The company ended the period with $17.4 million in cash and cash equivalents, representing a $774 thousand increase from the previous period.
NetSol Technologies reported Q2 2026 financial results with total net revenues of $18.8 million. The company achieved gross profit of $9.0 million, representing a gross margin of 47.9%. Operating income was $1.3 million, resulting in an operating margin of 6.9%. Net income before taxes was $1.4 million, with income tax provision of $480 thousand reducing net income to $962 thousand. After accounting for non-controlling interest of $715 thousand, net income attributable to NetSol was $247 thousand. Both basic and diluted earnings per share were reported as $0. The weighted average number of shares outstanding was 11.8 million for both basic and diluted calculations.
The filing does not provide segment breakdown or geographic mix data for revenue analysis. The XBRL data shows total net revenues of $18.8 million without further segmentation by product lines, services, or geographic regions. No information is provided about revenue growth drivers, customer concentration, or pricing trends. The document does not disclose comparative revenue figures from prior periods that would enable quarter-over-quarter or year-over-year growth rate calculations.
Gross margin for Q2 2026 was 47.9%, calculated from gross profit of $9.0 million on total net revenues of $18.8 million. Operating margin was 6.9% based on operating income of $1.3 million. Cost of revenues was $9.8 million, representing 52.1% of total net revenues. Operating expenses totaled $7.7 million, comprising selling, general and administrative expenses of $7.5 million and research and development costs of $248 thousand. The company's net income margin attributable to NetSol was 1.3%.
Operating activities generated $555 thousand in cash flow, driven by net loss of $962 thousand adjusted for non-cash items including depreciation and amortization of $624 thousand and stock-based compensation of $206 thousand. Investing activities used $753 thousand primarily for purchases of property and equipment totaling $856 thousand. Financing activities provided $725 thousand from proceeds of stock option exercises ($430 thousand), subsidiary option exercises ($358 thousand), and bank loans ($792 thousand). The balance sheet shows total assets of $62.7 million including current assets of $46.4 million. Total liabilities were $20.7 million with current liabilities of $20.0 million. Stockholders' equity was $41.9 million.
The filing does not contain management guidance, forward-looking statements, strategic priorities, or specific risk factors beyond the standard financial disclosures. No information is provided about future revenue expectations, planned investments, market expansion initiatives, or operational targets. The document presents historical financial results for the quarter ended December 31, 2025, without commentary on future performance expectations or business outlook.