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Side-by-side financial comparison of BGSF, INC. (BGSF) and NETSOL TECHNOLOGIES INC (NTWK). Click either name above to swap in a different company.
BGSF, INC. is the larger business by last-quarter revenue ($22.0M vs $18.8M, roughly 1.2× NETSOL TECHNOLOGIES INC). NETSOL TECHNOLOGIES INC runs the higher net margin — 1.3% vs -5.3%, a 6.6% gap on every dollar of revenue. On growth, NETSOL TECHNOLOGIES INC posted the faster year-over-year revenue change (21.1% vs -9.4%). BGSF, INC. produced more free cash flow last quarter ($1.7M vs $-5.1M). Over the past eight quarters, NETSOL TECHNOLOGIES INC's revenue compounded faster (10.3% CAGR vs -5.3%).
BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.
NetSol Technologies Inc. is an American software company which makes automobile leasing software. It is based in Encino, California.
BGSF vs NTWK — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $22.0M | $18.8M |
| Net Profit | $-1.2M | $246.8K |
| Gross Margin | 35.0% | 48.0% |
| Operating Margin | -17.6% | 6.9% |
| Net Margin | -5.3% | 1.3% |
| Revenue YoY | -9.4% | 21.1% |
| Net Profit YoY | -18.2% | 121.5% |
| EPS (diluted) | $-0.12 | $0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $22.0M | $18.8M | ||
| Q3 25 | $26.9M | $15.0M | ||
| Q2 25 | $23.5M | $18.4M | ||
| Q1 25 | $20.9M | $17.5M | ||
| Q4 24 | $24.3M | $15.5M | ||
| Q3 24 | $29.8M | $14.6M | ||
| Q2 24 | $25.7M | $16.4M | ||
| Q1 24 | $24.5M | $15.5M |
| Q4 25 | $-1.2M | $246.8K | ||
| Q3 25 | $-5.8M | $-2.4M | ||
| Q2 25 | $-3.7M | $2.6M | ||
| Q1 25 | $-722.0K | $1.4M | ||
| Q4 24 | $-981.0K | $-1.1M | ||
| Q3 24 | $-804.0K | $70.8K | ||
| Q2 24 | $-761.0K | $-82.9K | ||
| Q1 24 | $-792.0K | $327.5K |
| Q4 25 | 35.0% | 48.0% | ||
| Q3 25 | 35.9% | 39.4% | ||
| Q2 25 | 35.8% | 56.2% | ||
| Q1 25 | 36.2% | 49.8% | ||
| Q4 24 | 35.9% | 44.5% | ||
| Q3 24 | 35.9% | 45.0% | ||
| Q2 24 | 37.3% | 51.5% | ||
| Q1 24 | 38.1% | 48.3% |
| Q4 25 | -17.6% | 6.9% | ||
| Q3 25 | -3.5% | -12.2% | ||
| Q2 25 | -18.8% | 17.4% | ||
| Q1 25 | 1.6% | 8.9% | ||
| Q4 24 | -15.7% | -3.1% | ||
| Q3 24 | -3.4% | -5.2% | ||
| Q2 24 | -5.7% | 4.9% | ||
| Q1 24 | 1.7% | 8.5% |
| Q4 25 | -5.3% | 1.3% | ||
| Q3 25 | -21.6% | -15.7% | ||
| Q2 25 | -15.9% | 14.0% | ||
| Q1 25 | -3.5% | 8.1% | ||
| Q4 24 | -4.0% | -7.4% | ||
| Q3 24 | -2.7% | 0.5% | ||
| Q2 24 | -3.0% | -0.5% | ||
| Q1 24 | -3.2% | 2.1% |
| Q4 25 | $-0.12 | $0.02 | ||
| Q3 25 | $-0.52 | $-0.20 | ||
| Q2 25 | $-0.34 | $0.22 | ||
| Q1 25 | $-0.06 | $0.12 | ||
| Q4 24 | — | $-0.10 | ||
| Q3 24 | $-0.07 | $0.01 | ||
| Q2 24 | $-0.07 | $-0.01 | ||
| Q1 24 | — | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $18.1M |
| Total DebtLower is stronger | — | $337.0K |
| Stockholders' EquityBook value | $48.1M | $35.9M |
| Total Assets | $57.8M | $62.7M |
| Debt / EquityLower = less leverage | — | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $18.1M | ||
| Q3 25 | $41.2M | $22.7M | ||
| Q2 25 | $2.8M | $17.4M | ||
| Q1 25 | $2.0M | $18.8M | ||
| Q4 24 | $32.0K | $21.3M | ||
| Q3 24 | $262 | $24.5M | ||
| Q2 24 | $226 | $19.1M | ||
| Q1 24 | $50 | $12.3M |
| Q4 25 | — | $337.0K | ||
| Q3 25 | — | $218.2K | ||
| Q2 25 | — | $134.6K | ||
| Q1 25 | — | $86.8K | ||
| Q4 24 | — | $87.0K | ||
| Q3 24 | — | $92.6K | ||
| Q2 24 | — | $95.8K | ||
| Q1 24 | — | $130.4K |
| Q4 25 | $48.1M | $35.9M | ||
| Q3 25 | $50.7M | $35.8M | ||
| Q2 25 | $78.3M | $37.8M | ||
| Q1 25 | $81.8M | $35.5M | ||
| Q4 24 | $82.3M | $33.9M | ||
| Q3 24 | $82.9M | $34.7M | ||
| Q2 24 | $83.2M | $34.8M | ||
| Q1 24 | $83.6M | $35.3M |
| Q4 25 | $57.8M | $62.7M | ||
| Q3 25 | $83.6M | $62.6M | ||
| Q2 25 | $149.7M | $62.4M | ||
| Q1 25 | $152.3M | $58.1M | ||
| Q4 24 | $150.1M | $59.1M | ||
| Q3 24 | $157.3K | $62.8M | ||
| Q2 24 | $159.8K | $64.2M | ||
| Q1 24 | $170.6K | $63.3M |
| Q4 25 | — | 0.01× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7M | $-4.7M |
| Free Cash FlowOCF − Capex | $1.7M | $-5.1M |
| FCF MarginFCF / Revenue | 7.6% | -27.2% |
| Capex IntensityCapex / Revenue | 0.1% | 2.0% |
| Cash ConversionOCF / Net Profit | — | -19.24× |
| TTM Free Cash FlowTrailing 4 quarters | $-16.0K | $-1.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | $-4.7M | ||
| Q3 25 | $-4.8M | $5.3M | ||
| Q2 25 | $2.2M | $441.0K | ||
| Q1 25 | $1.1M | $-363.4K | ||
| Q4 24 | $3.2M | $-5.1M | ||
| Q3 24 | $6.5M | $5.5M | ||
| Q2 24 | $7.3M | $6.5M | ||
| Q1 24 | $7.4M | $-4.2M |
| Q4 25 | $1.7M | $-5.1M | ||
| Q3 25 | $-4.9M | $4.8M | ||
| Q2 25 | $2.1M | $-44.1K | ||
| Q1 25 | $1.0M | $-693.0K | ||
| Q4 24 | $2.5M | $-5.6M | ||
| Q3 24 | $6.5M | $5.4M | ||
| Q2 24 | $7.3M | $6.1M | ||
| Q1 24 | $6.9M | $-4.6M |
| Q4 25 | 7.6% | -27.2% | ||
| Q3 25 | -18.1% | 32.1% | ||
| Q2 25 | 9.1% | -0.2% | ||
| Q1 25 | 5.0% | -4.0% | ||
| Q4 24 | 10.2% | -36.1% | ||
| Q3 24 | 21.7% | 37.1% | ||
| Q2 24 | 28.5% | 37.0% | ||
| Q1 24 | 28.1% | -29.6% |
| Q4 25 | 0.1% | 2.0% | ||
| Q3 25 | 0.4% | 3.2% | ||
| Q2 25 | 0.0% | 2.6% | ||
| Q1 25 | 0.1% | 1.9% | ||
| Q4 24 | 3.0% | 3.0% | ||
| Q3 24 | 0.0% | 0.7% | ||
| Q2 24 | 0.0% | 2.6% | ||
| Q1 24 | 2.0% | 2.4% |
| Q4 25 | — | -19.24× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | -0.26× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 77.94× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -12.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
NTWK
| Core Revenue | $18.0M | 96% |
| Other | $816.8K | 4% |
