Netaş's sales revenues increased by 60 percent

Netaş, which operates in the field of information and communication technologies, announced its financial results for the third quarter of 2026. The company's orders in the first nine months of the year increased by 58 percent in US dollar terms compared to the same period last year, reaching 333.4 million US dollars, and sales revenues grew by 35 percent and reached 293 million US dollars.

While the telecom segment constituted 51 percent of sales revenues thanks to the increasing sales volume in 2026, its share in orders received was 43 percent. While the sales growth of the telecom segment was at 92 percent; The segment generated a sales volume of 6.8 billion TL. Orders of the segment, which grew by 88 percent compared to the previous year, amounted to 6.6 billion TL.

In the same period, the System Integration segment's order increase was 100 percent, while the increase in sales revenues was 34 percent. Orders received in the relevant segment were recorded as 7.7 billion TL and sales revenues were recorded as 5.3 billion TL. In terms of profitability, the System Integration segment constituted the most important part of the Company's gross and operating profitability.

Netaş CEO Sinan Dumlu made the following statement:

"We continued our performance in the first half of the year in the third quarter. In addition to the growth in sales revenues and orders received, the Company's profitability also increased significantly in this period. As of the end of the third quarter, the Company's earnings before interest, depreciation and tax (EBITDA) increased by 280 percent compared to the previous year, and its net profit increased by 149 percent. As of the current period, the Company's net profit was at the level of 125 million TL.

While we undertook critical infrastructure projects in the finance, energy and healthcare sectors in the third quarter, we received new orders in telecom; We continued our R&D deliveries in defense and aerospace and also received new orders. “This performance coming from our different business lines supports our balanced growth approach.”