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| Date | Value |
|---|---|
| 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 |