Netsol Technologies Inc.: Q1 FY2027 earnings call

What management said about Q1 FY2027, from the documents filed with the SEC on 4 November 2026: press release. The quarter’s numbers.

Key takeaways

Revenue up 17% year on year: Revenue for the quarter was PKR 2,620 million, against PKR 2,244 million in the same quarter of the last fiscal year, an increase of 17%. Source
Gross profit up almost 72%: Gross profit was PKR 1,324 million, against PKR 772 million a year earlier. The release gives the increase as almost 72%. Source
Net profit and diluted EPS rose: Net profit after tax was PKR 508 million, or PKR 5.82 per diluted share, against PKR 50 million, or PKR 0.57 per diluted share, in the same quarter of fiscal 2026. Source
Services rose on customization work: Services revenue was PKR 1,245 million, against PKR 826 million, mainly due to enhancement and customization in the systems deployed at customer sites. Source
Results of majority-owned subsidiary: The exhibit to this 8-K, filed by NetSol Technologies, Inc. (NTWK), reports results of NetSol Technologies Limited Pakistan (NetSol PK), a majority-owned subsidiary. Source
No new forward-looking figures given: The exhibit gives no guidance or forward-looking figures for later periods. Source

“The revenue stream for the current quarter is fueled with license revenue of PKR 128 million associated with the provision of existing customer.”
Netsol Technologies Inc., press release

Quarter results versus prior year

Revenue up 17% year on year: Revenue for the quarter was PKR 2,620 million, against PKR 2,244 million in the same quarter of the last fiscal year, an increase of 17%. Source
Gross profit up almost 72%: Gross profit was PKR 1,324 million, against PKR 772 million a year earlier. The release gives the increase as almost 72%. Source
Net profit and diluted EPS rose: Net profit after tax was PKR 508 million, or PKR 5.82 per diluted share, against PKR 50 million, or PKR 0.57 per diluted share, in the same quarter of fiscal 2026. Source

Revenue mix and drivers

License revenue from existing customer: License revenue was PKR 128 million, associated with the provision of an existing customer. Source
Services rose on customization work: Services revenue was PKR 1,245 million, against PKR 826 million, mainly due to enhancement and customization in the systems deployed at customer sites. Source
Only license and services itemized: The release itemizes only license and services revenue. No other revenue lines are named. Source

“The Company posted a net profit after tax of PKR 508 million compared to PKR 50 million in the comparable period”
Netsol Technologies Inc., press release

Reporting scope and basis

Results of majority-owned subsidiary: The exhibit to this 8-K, filed by NetSol Technologies, Inc. (NTWK), reports results of NetSol Technologies Limited Pakistan (NetSol PK), a majority-owned subsidiary. Source
Figures in Pakistani rupees: All amounts are stated in Pakistani rupees (PKR), in millions, not in U.S. dollars. Source
Period is Q1 2026-27: The release labels the period Q1, 2026-27, covering the quarter ended September 30, 2026. Source

Guidance and reference points

No new forward-looking figures given: The exhibit gives no guidance or forward-looking figures for later periods. Source
Prior fiscal 2027 revenue and margin figures: The September 28, 2026 release set fiscal 2027 guidance for the parent: revenue growth of 13% to 16% and gross margin of approximately 50% or better. This exhibit does not restate it.
Prior EBITDA range in dollars: The same earlier release translated the adjusted EBITDA range into approximately $10.5 million to $11.4 million. This exhibit does not restate it.

Disclosure gaps

No segment or regional split: The exhibit gives no segment or regional split of revenue or profit. Source
No balance sheet or cash flow: The highlights list only revenue, gross profit, and net profit. No balance sheet or cash flow figures appear. Source
No software metrics reported: No annual recurring revenue, remaining performance obligations, customer counts, or billings are reported. Source

Statements and comparison basis

No named executive commentary: The release contains no quotations from named executives and is written in the company's own voice. Source
No risks or next steps: The exhibit names no risks, next steps, or dated events. Source
Year-on-year comparison only: Each comparison in the exhibit is with the same quarter of the last fiscal year. No prior-quarter figure appears. Source

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

NetSol Technologies Limited Pakistan, (“NetSol PK”), a majority owned subsidiary of NetSol Technologies, Inc., has announced financial results for the quarter ended September 30, 2026.

Financial Highlights Q1, 2026-27

Company posted net revenues of PKR 2,620 million compared to PKR 2,244 million in corresponding quarter of last fiscal year
Gross profit increased to PKR 1,324 million compared to PKR 772 million in the corresponding period
Company reported a net profit of PKR 508 million compared to PKR 50 million last year

Revenues for the quarter ended September 30, 2026 increased to PKR 2,620 million, up 17% from revenues of PKR 2,244 million reported in the same quarter of last fiscal year. The revenue stream for the current quarter is fueled with license revenue of PKR 128 million associated with the provision of existing customer. On the services side, the Company recorded a handsome amount of PKR 1,245 million in comparison to PKR 826 million in the corresponding period last year mainly due to enhancement and customization in the systems deployed at customer sites. The Company reported gross margin of PKR 1,324 million as compared to the corresponding period where margins were recorded at PKR 772 million showing an increase of almost 72% from the comparative quarter of last fiscal year. The Company posted a net profit after tax of PKR 508 million compared to PKR 50 million in the comparable period with an EPS of PKR 5.82 per diluted share in comparison of a net profit of PKR 50 million with an EPS of PKR 0.57 per diluted share in the same quarter of fiscal 2026.