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net-income-chart

NET Net Income

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In Q1'26, NET reported a net income of -$22.93M USD, marking a notable decline from the previous quarter's -$1.29M USD loss in Q4'25 and reflecting ongoing profitability challenges despite year-over-year improvements. This latest data point, covering the period ending March 31, 2026, shows a widening quarterly deficit compared to the more modest losses seen in late 2025. Over the timeframe from Q2'23 to Q1'26, NET's net income has exhibited a volatile yet generally improving trend, starting with a substantial -$94.47M USD loss in Q2'23 and progressively narrowing to smaller deficits, such as -$12.85M USD in Q4'24, before recent upticks in losses in Q1'25 (-$38.45M USD) and Q2'25 (-$50.45M USD). Year-over-year changes highlight inconsistency, with strong positive growth in Q2'24 (+84.0%) and Q3'25 (+91.6%) contrasting against sharp deteriorations like -234.6% in Q2'25, suggesting operational fluctuations but an overall trajectory toward reduced losses amid the bar chart's depiction of quarterly performance.