NetSol Technologies Inc. reported earnings for the second quarter (Q2) of fiscal 2026, with total net revenues rising 21% year-over-year to USD 18.8 million. Services revenue increased 41%, supported by ongoing implementations of the company’s Transcend Finance and Transcend Retail platforms. Net income attributable to shareholders for the quarter was USD 0.2 million, or USD 0.02 per diluted share, compared to a net loss in the prior-year period. Income from operations reached USD 1.3 million in Q2. Non-GAAP EBITDA was USD 1.7 million, compared to a non-GAAP EBITDA loss of USD 0.8 million in the same period last year. Cash and cash equivalents as of December 31, 2025, stood at USD 18.13 million. Management highlighted strong momentum in the U.S. automotive market for Transcend Retail, with adoption by leading dealer groups and franchised dealerships, and noted partnerships with MINI USA, Sonic Automotive, Indigo Auto Group, and others as indicators of growing market validation. The increase in cost of sales, which represented 52.2% of net revenues, was primarily due to higher salaries and travel costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NetSol Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9652719-en) on February 12, 2026, and is solely responsible for the information contained therein.