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

NaaS Technology (NAAS) posted quarterly Common Equity of -$125.9 million for Q4 2025, down 19.88% YoY from -$157.1 million in Q4 2024, and down 19.88% sequentially from -$105.0 million in Q4 2024.

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

NaaS Technology has disclosed Common Equity across 10 years of filings, most recently posting -$125.9 million for Q4 2025.

  • In Q4 2025, Common Equity fell 19.88% year-over-year to -$125.9 million; the TTM figure through Dec 2025 stood at -$125.9 million (down 19.88% YoY), while the FY2025 annual figure was -$127.7 million, down 23.55% from the prior year.
  • Common Equity fell to -$125.9 million in Q4 2025, from -$105.0 million in the prior quarter.
  • Over the last five years, Common Equity for NAAS reached as high as $61.7 million in Q4 2022 and fell as low as -$125.9 million in Q4 2025.
  • The 5-year median for Common Equity is -$6.1 million (2023), against an average of -$34.1 million.
  • Annual changes were most pronounced in 2022 — Common Equity surged 1240.14% — and 2024, when it sank 1633.56%.
  • A 5-year view of Common Equity shows it stood at $4.6 million in 2021, then surged 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 declined 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, -$105.0 million, and -$6.1 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -125.86 Mn
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 3.95 Bn
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 2.08 Bn
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 5.54 Bn
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 2.51 Bn
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 3.08 Bn
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 658.70 Mn
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 2.19 Bn
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn -46.21 Mn
10 Academy Sports & Outdoors 3.04 Bn 2.71 Bn 479.35 Mn 2.12 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -125.86 Mn
Dec 31, 2024 -104.99 Mn
Dec 31, 2023 -6.06 Mn
Dec 31, 2022 61.71 Mn
Dec 31, 2021 4.60 Mn
Dec 31, 2020 2.20 Mn
Dec 31, 2019 3.42 Mn
Dec 31, 2018 63.76 Mn
Dec 31, 2017 44.70 Mn
Dec 31, 2016 58.40 Mn