NetSol Technologies Reports Record-Breaking Quarter with $74.4 Million in Revenue and Strong EBITDA Growth
NetSol Technologies, a leading provider of software solutions to the global automotive finance industry, has reported a record-breaking quarter with total net revenues of $74.4 million, up 12.5% year-over-year, surpassing its guidance of $73 million. This marks the strongest financial year in NetSol history, demonstrating the company's continued growth and transformation from a services and license business to a platform-based model.
Najeeb Ghauri, Founder and CEO of NetSol Technologies, highlighted the significance of these results during the Q4 2026 earnings conference call. "Fiscal 2026 was the strongest financial year in NetSol history," he stated. "Total net revenues were $74.4 million, up 12.5% year-over-year basis and over our $73 million guidance. Non-GAAP EBITDA grew almost 23%, and income from operations nearly doubled."
The company's recurring subscription and support revenue now represents approximately half of its total revenue, reflecting a deliberate transformation towards a more stable and predictable business model. Sardar Abubakr, NetSol Technologies' CFO, will provide further details on remaining performance obligations and the measures to be reported each quarter during the call.
NetSol's growth has also been recognized by the market, as the company was added to six benchmarks, including the Russell 3000E and the Russell Microcap Index. This inclusion makes NetSol eligible for institutional mandates limited to index constituents and puts it back in the universe where institutional investors screen.
The company's business strategy is gaining momentum, with significant proof points across various parts of its strategy. Earlier this month, BMO, one of North America's largest banks, signed a contract to upgrade from NetSol's legacy platform to Transcend Finance, demonstrating the effectiveness of the company's upgrade strategy.
NetSol Technologies' platform continues to deliver strong results, with the signing of a tier 1 global auto captive customer for a large contract extension in December. The company's Asia Pacific business also performed well, driven by market leadership in China and expanding alongside customers across the region.
Najeeb Ghauri emphasized that fiscal 2026 was also the year NetSol built the team for the next phase of its growth journey. "Fiscal 2026 gave us the proof points across every part of our strategy," he said. "We have customers across North America who have run our acquired legacy software for decades, and each of them now has a modern path forward."
