Quarterly report [Sections 13 or 15(d)]

MAJOR CUSTOMERS

v3.25.4
MAJOR CUSTOMERS
6 Months Ended
Dec. 31, 2025
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS

NOTE 6 – MAJOR CUSTOMERS

 

Revenue Concentration

 

For the three months ended December 31, 2025, three customers accounted for 24.3%, 18.9%, and 11.4% of net revenues. For the six months ended December 31, 2025, three customers accounted for 21.5%, 20.1%, and 11.0% of net revenues.

 

For the three months ended December 31, 2024, two customers accounted for 20.1% and 19.6% of net revenues. For the six months ended December 31, 2024, two customers accounted for 20.8% and 18.5% of net revenues.

 

 

NETSOL TECHNOLOGIES, INC.

Notes to Condensed Consolidated Financial Statements

December 31, 2025

(Unaudited)

 

Accounts Receivable Concentration

 

As of December 31, 2025, four customers accounted for 14.8%, 13.5%, 10.1%, and 10.0% of accounts receivable. As of June 30, 2025, three customers accounted for 16.8%, 16.1%, and 10.8% of accounts receivable.

 

Revenues in Excess of Billings Concentration

 

As of December 31, 2025, four customers accounted for 21.4%, 19.7%, 10.8%, and 10.0% of revenues in excess of billings. As of June 30, 2025, four customers accounted for 24.2%, 16.9%, 15.9%, and 11.9% of revenues in excess of billings.