The finite‐time control problem of a class of networked control systems (NCSs) with time delay is investigated. The main results provided in the paper are sufficient conditions for finite‐time stability via state feedback. An augmentation approach is proposed to model NCSs with time delay as linear systems. Based on finite time stability theory, the sufficient conditions for finite‐time boundedness and stabilization of the underlying systems are derived via linear matrix inequalities (LMIs) formulation. Finally, an illustrative example is given to demonstrate the effectiveness of the proposed results.