NETSOL Posts Record Q3 Revenue and Reaffirms Fiscal 2026 Outlook

Overview

• NETSOL reported $19.8 million in Q3 FY2026 revenue, the highest quarterly total in the company’s history.
• Income from operations reached $3.0 million and adjusted EBITDA was $3.4 million, both improving from a year earlier.
• Recurring subscription and support revenue rose 11.7% year over year, signaling steadier cash flow from ongoing customer contracts.
• License revenue benefited from a reported $50 million, four-year Mercedes Benz extension, which management discussed on the earnings call.
• The company reaffirmed full-year revenue of about $73–$74 million and said it is arranging financing to buy the remaining 30% of its Pakistani subsidiary as it unifies its auto finance software on the Transcend Platform and adds AI features.