CLPS (NASDAQ: CLPS) posts H1 2026 profit, boosts outlook with buyback and 10–15% growth guidance
Rhea-AI Filing Summary
CLPS Incorporation used this update to showcase a business transformation built around global expansion and AI-driven services. For FY2025, revenue rose to $164.5 million from $142.8 million, with revenue outside mainland China jumping to $42 million from $22 million. Despite this, FY2025 recorded a net loss of $(6.4)M and a non-GAAP net loss of $(3.8)M as the company invested in its shift toward higher-value solutions.
Momentum improved in H1 FY2026. Total revenue reached $85 million, gross margin held around 23%, and the company returned to positive net income versus a loss a year earlier. Revenue outside mainland China grew 63.1% to $31 million, led by APAC ex-China and the United States, while mainland China declined. CLPS reported $4.7 million in net cash from operating activities and cash and cash equivalents of $28 million as of December 31, 2025.
The board authorized a share repurchase program of up to 1,000,000 shares at prices below $2.00 per share, alongside a strategy focused on AI, legacy modernization, and diversified verticals such as automotive and e-commerce. Management issued FY2026 guidance for total sales growth of approximately 10% to 15% and non-GAAP net income of about $4.4 million to $5.0 million, highlighting expectations for sustained profitability after the H1 2026 turnaround.
Positive
- Return to profitability and strong guidance: After a FY2025 net loss of $(6.4)M, CLPS reports positive net income in H1 FY2026, generates $4.7M operating cash, and guides to approximately 10–15% sales growth with $4.4–$5.0M non-GAAP net income for FY2026.
Negative
- None.
Insights
CLPS is shifting from a loss-making transition year to guided profitable growth in FY2026.
CLPS shows a classic investment year in FY2025, with revenue up to $164.5 million and a net loss of $(6.4)M as it funded geographic expansion and AI-powered solutions. Revenue outside mainland China nearly doubled to $42 million, signaling meaningful diversification away from a single market.
In H1 FY2026, the picture improves: total revenue reached $85 million, margins held near 23%, and net income swung back to positive compared with a prior-period loss. Net cash from operating activities of $4.7 million and cash of $28 million as of December 31, 2025 support this healthier profile.
Management’s FY2026 guidance for approximately 10%–15% sales growth and non-GAAP net income of $4.4–$5.0 million frames expectations for sustained profitability. The authorized repurchase of up to 1,000,000 shares below $2.00 per share adds a shareholder-return element, though actual impact will depend on execution and future operating performance disclosed in subsequent periods.
Key Figures
Key Terms
Non-GAAP Net Income financial
Offshore Delivery Centers financial
forward-looking statements regulatory
Net cash provided by operating activities financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
Commission File Number: 001-38505
CLPS Incorporation
c/o Unit 1000, 10th Floor, Millennium City III
370 Kwun Tong Road, Kwun Tong, Kowloon
Hong Kong SAR
Tel: (852) 37073600
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
EXPLANATORY NOTE
On June 23, 2026, CLPS Incorporation (the “Company” or “CLPS”) furnished an updated corporate investor presentation (the “Presentation”) to be used by the Company at the Investor Summit Virtual Conference on Wednesday, June 24, 2026. A copy of the Presentation is furnished as Exhibit 99.1 to this Report on Form 6-K and is incorporated herein by reference.
The information in this Report on Form 6-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
This Report on Form 6-K, is hereby incorporated by reference into the Company’s Registration Statements on Form S-8 (File No. 333-271860) and Form F-3 (File No. 333-291045).
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Forward-Looking Statements
This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on CLPS’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of CLPS’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in CLPS’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. CLPS is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.
No Offer or Solicitation
This Report on Form 6-K shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed transaction. This Report on Form 6-K shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.
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EXHIBIT INDEX
The following exhibits are being filed herewith:
| Exhibit No. | Description | |
| 99.1 | Presentation |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CLPS Incorporation | ||
| By: | /s/ Raymond Ming Hui Lin | |
| Name: | Raymond Ming Hui Lin | |
| Title: | Chief Executive Officer | |
Date: June 23, 2026
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Exhibit 99.1
1 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Investor Presentation CLPS Incorporation NASDAQ: CLPS
2 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Disclaimer This presentation has been prepared by CLPS Incorporation (the "Company" and together with its consolidated subsidiaries, the "Group"). The Presentation is intended for information purposes only and does not itself constitute, and should not be itself be construed as, an offer, invitation or recommendation to purchase, sell or subscribe for any securities in any jurisdiction. Please carefully read the following before continuing. By attending a meeting where this Presentation is made, or by reading the Presentation or by otherwise receiving this Presentation or the information contained herein, you will be deemed to have agreed to the following terms, conditions and limitations and acknowledged that you understand the legal and regulatory sanctions attached to the misuse, disclosure or improper circulation of the Presentation. For the purposes of this notice, "Presentation" means and includes this document and its appendices, any oral presentation given in connection with this Presentation, any question and answer session during or after such oral presentation, and any written or oral material discussed or distributed during any oral presentation meeting. This Presentation is intended to present background information about the Group, its business, and the industry in which it operates and is not intended to provide complete disclosure upon which an investment decision could be made. The analyses contained herein are not, and do not purport to be, appraisals of the assets, securities or business of the Group or any other person. Any decision as to whether to enter into any transaction should be taken solely by you. Before entering into any transaction, you should take steps to ensure that you fully understand any investment and have made an independent assessment of the appropriateness of any such investment in the light of your own objectives and circumstances, including its possible risks and benefits. All statements contained herein other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, and our objectives for future operations, are forward-looking statements. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," and similar expressions are intended to identify forward looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this presentation may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward looking statements. No representation, warranty or undertaking (express or implied) is made or given by the Company, or any of its parent or subsidiary undertakings or any such person's Representatives, as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein, for any purpose whatsoever. No liability whatsoever is accepted as to any errors, omissions or misstatements contained herein. Accordingly, neither the Company nor any of its parent or subsidiary undertakings or any such person's Representatives, accepts any liability whatsoever arising directly or indirectly from the use of this Presentation. The Company has not authorized any other person to provide any persons with any other information related to the Group, and the Company does not assume any responsibility for any information other persons may provide. You are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include the risks described in the "Risk Factors" section of the Company's 2025 Annual Report on Form 20-F that has been filed with the U.S. Securities and Exchange Commission. Additional assumptions, risks and uncertainties are described in our registration statements, reports and other filings with the SEC and are available at www.sec.gov.
3 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Who We Are — A Global Digital Transformation Leader Global HQ Ottawa, Canada Shanghai, China Tokyo, Japan Hong Kong, China Dubai, UAE Odisha, India KL, Malaysia Singapore Taguig, Philippines Subsidiary Company California, USA Indonesia New York, USA Delhi, India Diverse business lines 20+ 165 11 19 10 3,500+ Global Staffs years Million USD in Revenue Service Coverage Countries* ODC for FI Countries + SAR (with entities) CLPS is at the forefront of driving digital transformation and optimizing operational efficiency across industries through innovations in artificial intelligence, cloud computing, and big data.
4 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Our Services Digital Transformation Consulting Services for the Financial Industry Comprehensive Testing Services for Banking Systems Business Process Automation AI-RPA Consulting IT Services for the Financial Industry 01 02 03 04
5 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Strategic Transformation — A Pivotal Turning Point Geographic Diversification • Aggressive expansion into North America, APAC (ex-China), and the Middle East. High-Value Service Evolution Operational Discipline • Pivot from traditional IT consulting to AI- powered customized solutions. • AI-driven automation, workforce optimization, and resource reallocation. Result • Reduced reliance on mainland China; established a more stable, scalable foundation. Result • Launch of Nibot AI agent; Web3-ready platform; legacy modernization wins. Result • Improved efficiency while lowering expenses; R&D redeployed to revenue-generating work.
6 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Niche Capabilities CLPS combines specialized legacy system expertise, intelligent automation, full-stack testing, and deep banking SME knowledge — a unique mix that few players in the region can offer at scale. Testing AI + RPA SME (Banking Domain) COBOL + RPG • Modernize mainframe and IBM i ( AS/400 ) apps • Turn legacy systems into APIs; move step-by-step to Java/cloud • Focus on core banking and credit card • Largest resource size in China • Use AI + RPA + workflow to automate end- to-end tasks • Chatbots with knowledge search, access control, and full logs • Fits KYC/AML, regulatory reports, reconciliations - clear time/cost savings • Full coverage: functional, performance, security, mobile, data; strong UAT • Focus on core banking and credit card testing • AI helps design tests and generate test data; • TMMi 5 Certified • Deep knowledge in core banking, lending, payments, cards, regulatory reporting • Build with compliance in mind (EAST/1104, Basel, HKMA/MAS) • Faster from requirement to solution; smoother UAT
7 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Looking Ahead — Business Strategic Priorities Our roadmap for the remainder of FY2026 and beyond: Continue Global Expansion • Deepen penetration in North America and the Middle East. • Leverage our Offshore Delivery Centers for APAC growth. Scale AI & Digital Solutions • Commercialize Nibot across more financial institutions. • Win more legacy modernization projects. Drive Cross-Selling • Offer our diversified capabilities (e-commerce, education, travel tech) to existing financial clients. Invest in Talent • Expand CLPS Academy programs to new geographies. We are building a future-oriented, resilient, and profitable global technology company.
8 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Full Fiscal Year 2025 Financial Results (Baseline) For the year ended June 30, 2025 (Audited) FY2025 FY2024 Change Revenue Outside Mainland China $42.5M $22.3M +90.5% Gross Profit $36.3M $32.9M +10.2% Gross Margin 22.1% 23.1% -1.0 pp Net Loss $(6.4)M $(1.8)M N/A Non-GAAP Net Loss $(3.8)M $1.3M N/A KEY TAKEAWAY: FY2025 was a year of investment and transition, with strong top-line growth and international expansion, preparing the ground for profitable H1 2026. $136.8M $3.1M $1.0M $1.8M $158.8M $2.8M $2.0M $0.9M FY2024 FY2025 $142.8 $164.5 +15.2% YoY (USD millions) IT Consulting Services Customized IT Solutions Academic Education Others
9 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. First Half of Fiscal Year 2026 — Return to Profitability For the six months ended December 31, 2025 (Unaudited) All comparisons vs. H1 2025 H1 FY2026 H1 FY2025 Change Total Revenue $85.1M $82.8M +2.8% Gross Profit $19.5M $19.2M +2.1% Gross Margin 23.0% 23.1% -0.1 pp Operating Income $0.6M $0.2M +300.5% Net Income $0.3M $0.2M +74.9% Net Income (Attributable to Shareholders) $0.083M $(0.39)M N/A Non-GAAP Net Income $2.1M $2.3M -9.5% KEY TAKEAWAY: The strategic transformation is delivering tangible profitability. We grew revenue, expanded operating income, and returned to positive net income.
10 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Revenue Highlights — The Power of Diversification By Service Line (H1 2026): Services Revenue YoY Change Driver IT Consulting $81.8M +2.2% New clients & global expansion Customized IT Solutions $2.2M +134.7% Nibot launch, AI banking modernization Academic Education $0.9M -19.0% Post-acquisition integration (CAE) By Geography (H1 2026): Region Revenue YoY Change Outside Mainland China $31.0M +63.1% - APAC (ex-China) $26.8M +58.7% - United States $4.1M +101.6% Mainland China ~$54.1M -15.2%
11 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Revenue Highlights — The Power of Diversification (cont.) By Operational Area (H1 2026): Area Revenue YoY Change Other Areas (diversified) $18.0M +83.6% Automotive $11.1M +21.5% E-Commerce $15.2M +1.9% Wealth Management $14.6M -5.1% Banking $26.1M -22.0%
12 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Strong Balance Sheet & Shareholder Returns Disciplined resource allocation is directly benefiting the bottom line and cash generation. Operating Expenses (H1 2026 vs. H1 2025): Selling & Marketing Expenses (USD million) $2.5M $2.1M 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 1H25 1H26 $3.3M $2.0M 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 1H25 1H26 $14.1M $14.9M 0.0 2.5 5.0 7.5 10.0 12.5 15.0 17.5 20.0 1H25 1H26 R&D Expenses (USD million) G&A Expenses (USD million) 3.0% 2.5% 4.0% 2.4% 17.1% 17.6% As % of total net revenues • AI-driven automation and workforce optimization. • Strategic redeployment of R&D staff into revenue-generating customized IT solutions (costs reclassified to cost of revenues). Efficiency Drivers • Net cash provided by operating activities: $4.7 million. Cash Flow (H1 2026)
13 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Strong Balance Sheet & Shareholder Returns (cont.) Balance Sheet (As of Dec. 31, 2025): Amount Cash & Cash Equivalents **$28.4M** (vs. $28.2M on June 30, 2025) Total Assets $116.4M Total Liabilities $56.2M Total Shareholders' Equity $60.2M Share Repurchase Program • Authorized by Board on February 4, 2026. • Effective: February 5, 2026 – November 4, 2026. • Up to 1,000,000 shares at prices below $2.00 per share. • Demonstrates management's belief that the stock represents a compelling value opportunity. Dividend Policy • While we have paid special cash dividends in prior years, the primary focus is on reinvesting for growth and the share repurchase program.
14 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Fiscal Year 2026 Outlook FY2026 Guidance Total Sales Growth (vs. FY2025) Approx. 10% to 15% Non-GAAP Net Income Approx. $4.4 million to $5.0 million This guidance underscores our confidence in the momentum established in H1 2026.
15 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. Investor Highlights 01 02 04 03 05 Revenue generated from outside of Mainland China grew 63% in H1 2026 Strong balance sheet with active share repurchase program Returned to profitability in H1 2026 Management guidance of 10-15% revenue growth for FY2026 AI and customized solutions are gaining rapid traction (+134.7%) CLPS is a transformed company – more global, more innovative, and more profitable.
16 of 16 © 2026 CLPS Inc. All rights reserved. Any unauthorized copying or distribution of this material is prohibited. http://www.clpsglobal.com E-mail: ir@clpsglobal.com Hong Kong SAR (Global Headquarters) China | Singapore | Japan | Malaysia | Indonesia | USA | Canada | India | Philippines | UAE Connect with Us!