NetSol Technologies (NASDAQ:NTWK) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Posted by Brian Himes on May 16th, 2026

NetSol Technologies (NASDAQ:NTWK – Get Free Report) announced its earnings results on Thursday. The software maker reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04, Zacks reports. The company had revenue of $19.83 million during the quarter, compared to the consensus estimate of $15.40 million. NetSol Technologies had a return on equity of 4.31% and a net margin of 2.49%.

Here are the key takeaways from NetSol Technologies’ conference call:

NetSol reported a record third quarter with total net revenue of $19.8 million, up about 13% year over year, while operating income and adjusted EBITDA also improved meaningfully.
Recurring subscription and support revenue grew 11.7% in the quarter, highlighting stronger ongoing revenue quality and the benefit of multi-year customer relationships.
A $50 million, four-year Mercedes-Benz contract extension drove $4.7 million of license revenue in the quarter and provides additional visibility into future subscription, support, and services revenue.
NetSol expanded its Transcend Finance footprint with go-lives at Northridge Finance in the U.K. and Ford China, and it renewed a multi-million dollar agreement with Investec Bank.
Management reiterated full-year fiscal 2026 revenue guidance of $73 million to $74 million and said it will continue investing in Transcend Retail and AI-enabled workflow tools to drive growth.

NetSol Technologies Stock Down 1.4%

Shares of NetSol Technologies stock traded down $0.06 during trading hours on Friday, hitting $4.09. 27,800 shares of the company’s stock traded hands, compared to its average volume of 44,554. The stock has a 50 day simple moving average of $3.61 and a 200-day simple moving average of $3.38. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 0.01. The company has a market cap of $48.51 million, a PE ratio of 27.27 and a beta of 0.81. NetSol Technologies has a twelve month low of $2.66 and a twelve month high of $5.75.

Hedge Funds Weigh In On NetSol Technologies

Several large investors have recently modified their holdings of NTWK. XTX Topco Ltd bought a new position in shares of NetSol Technologies during the fourth quarter worth about $58,000. Jane Street Group LLC bought a new position in shares of NetSol Technologies during the fourth quarter worth about $82,000. Bridgeway Capital Management LLC lifted its position in shares of NetSol Technologies by 9.9% during the second quarter. Bridgeway Capital Management LLC now owns 53,708 shares of the software maker’s stock worth $167,000 after purchasing an additional 4,816 shares during the last quarter. Empowered Funds LLC lifted its position in shares of NetSol Technologies by 10.7% during the fourth quarter. Empowered Funds LLC now owns 62,527 shares of the software maker’s stock worth $189,000 after purchasing an additional 6,051 shares during the last quarter. Finally, Rothschild Wealth LLC bought a new position in shares of NetSol Technologies during the fourth quarter worth about $303,000. Institutional investors own 16.02% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded NetSol Technologies from a “sell (d)” rating to a “hold (c)” rating in a research note on Thursday, February 19th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, NetSol Technologies presently has an average rating of “Hold”.

Read Our Latest Analysis on NTWK

About NetSol Technologies

(Get Free Report)

NetSol Technologies, Inc is a publicly traded enterprise software provider specializing in asset finance and leasing solutions. Headquartered in Calabasas, California, the company was founded in 1997 by Najeeb Ghauri, who continues to serve as its chief executive officer. NetSol has built a reputation for delivering end-to-end digital solutions tailored to the finance, leasing, and rental industries, enabling clients to streamline operations, improve customer engagement, and accelerate business growth.

The company’s flagship offering, NFS Ascent, is a configurable, modular platform that supports the entire contract lifecycle—from origination and credit approval through servicing and end-of-term processing.