NaaS Technology (NAAS) Common Equity (2016 - 2025)

NaaS Technology (NAAS) posted quarterly Common Equity of -$125.9 million for Q4 2025, down 19.88% year-on-year from -$157.1 million in Q4 2024, and down 41.43% on a QoQ basis from -$89.0 million in Q2 2025.

NaaS Technology (NAAS) Common Equity (2016 - 2025) Analysis & Trends

NaaS Technology (NAAS) has reported Common Equity for 10 consecutive years, with -$125.9 million the latest figure, recorded in Q4 2025.

  • Quarterly Common Equity fell 19.88% year-over-year to -$125.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$125.9 million (down 19.88% YoY) and the FY2025 annual result came in at -$127.7 million, down 23.55% from the prior year.
  • Common Equity declined to -$125.9 million in Q4 2025 per NAAS's latest filing, from -$89.0 million in the prior quarter.
  • Over the last five years, Common Equity for NAAS reached as high as $72.7 million in Q1 2021 and fell as low as -$125.9 million in Q4 2025.
  • A 5-year average of -$1.6 million and a median of $4.6 million in 2021 frame the typical range for Common Equity.
  • Annual changes were most pronounced in 2022 — Common Equity jumped 1240.14% — and 2024, when it tumbled 1633.56%.
  • Year by year, Common Equity stood at $4.6 million in 2021, then soared by 1240.14% to $61.7 million in 2022, then plunged by 109.81% to -$6.1 million in 2023, then slumped by 1633.56% to -$105.0 million in 2024, then slipped by 19.88% to -$125.9 million in 2025.
  • According to Business Quant data, Common Equity over the past three periods registered -$125.9 million, -$89.0 million, and -$105.0 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Caseys General Stores 32.13 Bn 31.61 Bn 1.08 Bn 3.95 Bn
2 NaaS Technology 30.58 Bn 30.58 Bn - -125.86 Mn
3 Williams Sonoma 28.34 Bn 27.33 Bn 1.10 Bn 2.08 Bn
4 Ulta Beauty 23.18 Bn 22.69 Bn 1.48 Bn 2.80 Bn
5 Best Buy 18.52 Bn 16.77 Bn 2.10 Bn 3.08 Bn
6 Dick'S Sporting Goods 16.59 Bn 15.24 Bn 1.77 Bn 5.54 Bn
7 MINISO Group Holding 16.05 Bn 14.98 Bn 414.86 Mn 1.51 Bn
8 Tractor Supply 15.89 Bn 15.66 Bn 1.30 Bn 2.51 Bn
9 Five Below 12.09 Bn 11.16 Bn 696.98 Mn 2.19 Bn
10 Murphy USA 11.42 Bn 11.30 Bn -3.64 Bn 658.70 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -125.86 Mn
Jun 30, 2025 -88.99 Mn
Dec 31, 2024 -104.99 Mn
Sep 30, 2024 -31.30 Mn
Jun 30, 2024 -33.37 Mn
Mar 31, 2024 -22.40 Mn
Dec 31, 2023 -6.06 Mn
Sep 30, 2023 23.38 Mn
Jun 30, 2023 50.88 Mn
Mar 31, 2023 47.41 Mn
Dec 31, 2022 61.71 Mn
Jun 30, 2022 61.73 Mn
Dec 31, 2021 4.60 Mn
Jun 30, 2021 66.62 Mn
Mar 31, 2021 72.74 Mn
Dec 31, 2020 2.20 Mn
Sep 30, 2020 71.59 Mn
Jun 30, 2020 64.01 Mn
Mar 31, 2020 72.42 Mn
Dec 31, 2019 3.42 Mn