NTWKNasdaqServices-Prepackaged SoftwareFiscal year ends June 30
NETSOL TECHNOLOGIES INC
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Sep 28, 2026
$6.66+0.45 (+7.25%)
Close on Oct 19, 2026
- Market cap
- $79.42M
- P/E (TTM)
- 26.6
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
50.1%+2.1 pts over 5 years
Operating margin
8.9%+3.9 pts over 5 years
Net margin
3.8%+0.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.9% | +14.3% | +7.3% | +1.9% | |
| Gross profit | +20.2% | +32.3% | +8.2% | +2.4% | |
| Operating income | +98.4% | – | +20.6% | +1.0% | |
| Net income | +0.9% | – | +10.7% | -1.4% | |
| EPS, diluted | 0.0% | – | +10.8% | -2.4% | |
| Free cash flow | – | +217.8% | -2.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -7.8% | 3.1% | 7.4% | |
| Return on assets | -5.2% | 2.0% | 4.2% | |
| Current ratio | 2.10 | 2.37 | 2.06 | |
| Debt to equity | 0.17 | – | 0.01 | |
| Net debt to EBITDA | -31.69× | – | -3.27× | |
| Interest coverage | -3.2× | 6.9× | – | |
| Capex to revenue | 3.4% | 4.6% | 2.6% | |
| Diluted shares | 11M | 11M | 12M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Netsol Technologies generated $22.31M from operations and spent $9.82M on capital expenditure, dividends and share buybacks. 83% of that went back into the business.
Generated
$22.31M
Used
$9.82M
Capital expenditure$8.15M83%Dividends$00%Share buybacks$1.66M17%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.8%
×Asset turnover1.11×
×Equity multiplier1.77×
=Return on equity, FY20267.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 3.8% | 1.11× | 1.77× | 7.4% |
| FY2025 | 4.0% | 1.15× | 1.74× | 8.0% |
| FY2024 | 1.1% | 1.05× | 1.79× | 2.0% |
| FY2023 | -10.0% | 0.80× | 1.65× | -13.2% |
| FY2022 | -1.5% | 0.72× | 1.59× | -1.7% |
| FY2021 | 3.2% | 0.63× | 1.54× | 3.1% |
| FY2020 | 1.7% | 0.64× | 1.50× | 1.6% |
| FY2019 | 12.7% | 0.72× | 1.55× | 14.2% |
| FY2018 | 7.1% | 0.61× | 1.58× | 6.8% |
| FY2017 | -7.6% | 0.68× | 1.51× | -7.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
6of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$2.95M
- Cash generatingOperating cash flow above zero$13.88M
- Return on assets improvedROA up on the prior year4.6% → 4.7%
- Earnings backed by cashOperating cash flow above net income$13.88M vs $2.95M
- Less leverageLong-term debt to assets fell0.2% → 0.3%
- Better liquidityCurrent ratio rose2.35 → 2.06
- No dilutionShare count did not rise12M → 12M
- Gross margin improvedGross margin up on the prior year44.57% → 50.10%
- More efficientAsset turnover rose1.14 → 1.25