NETSOL Technologies — Fiscal First Quarter 2027 Earnings Summary

NETSOL Technologies reported fiscal first quarter 2027 revenue of $16.4 million, representing a 9.3% increase from the prior-year period. The company achieved a gross margin of 50.5%, an expansion of over 1,100 basis points, driven by revenue mix changes and the capitalization of $1.0 million in software development costs. GAAP net income attributable to NETSOL turned positive at $0.16 million, or $0.01 per diluted share, compared to a net loss of $2.36 million in the same period last year. Additionally, adjusted EBITDA attributable to NETSOL improved to $0.48 million from a negative $1.66 million in the prior year, while cash and cash equivalents stood at $19.7 million as of September 30, 2026.