CLPS Incorporation (NASDAQ:CLPS) reported unaudited financial results for the first half of fiscal 2026 on Friday, highlighting a successful strategic pivot toward international markets and high-demand technologies.
The Hong Kong-based IT services provider posted revenue of $85.1 million for the six months ended December 31, 2025, a 2.8% increase year-over-year.
The growth was driven by a massive 134.7% surge in customized IT solutions—particularly in AI and payment technologies—and a 63.1% rise in revenue from outside mainland China, which now accounts for $31 million of the total.
Operating income for the period skyrocketed 300.5% to $0.6 million, reflecting improved resource allocation and the tail-end of a major client’s restructuring impact that pressured previous years.
Net income also saw a year-over-year increase as the company reduced its revenue concentration in mainland China.
Demonstrating confidence in its long-term trajectory and its "Nibot" RPA platform, the Board authorized a share repurchase program to buy back up to 1,000,000 shares at prices below $2 through November 2026.