NaaS Technology (NAAS) Invested Capital (2016 - 2025)

NaaS Technology (NAAS) reported Invested Capital of -$43.7 million for Q4 2025, down 492.82% year-over-year from $11.1 million in Q4 2024, and down 14173.58% quarter-over-quarter from $310515.6 in Q2 2025.

NaaS Technology (NAAS) Invested Capital (2016 - 2025) Analysis & Trends

NaaS Technology (NAAS) has 10 years of Invested Capital data on file, last reported at -$43.7 million in Q4 2025.

  • Invested Capital for Q4 2025 came in at -$43.7 million, down 492.82% year-over-year; the trailing twelve-month figure through Dec 2025 was -$43.7 million (down 492.82% YoY), and the FY2025 annual result was -$43.7 million, down 441.51% from the prior year.
  • Invested Capital retreated to -$43.7 million in Q4 2025 per NAAS's latest filing, from $310515.6 in the prior quarter.
  • Over five years, Invested Capital peaked at $141.8 million in Q4 2023 and troughed at -$43.7 million in Q4 2025.
  • A 5-year average of $28.5 million and a median of $3.2 million in 2021 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2022 and 2025: Invested Capital surged 2827.25% in 2022, then tumbled 492.82% in 2025.
  • A 5-year view of Invested Capital shows it stood at $4.6 million in 2021, then surged by 2827.25% to $134.8 million in 2022, then rose by 5.17% to $141.8 million in 2023, then sank by 92.15% to $11.1 million in 2024, then plunged by 492.82% to -$43.7 million in 2025.
  • Business Quant data shows NAAS's Invested Capital at -$43.7 million in Q4 2025, $310515.6 in Q2 2025, and $11.1 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Caseys General Stores 28.23 Bn 27.77 Bn 1.01 Bn 3.95 Bn
2 Williams Sonoma 25.94 Bn 24.92 Bn 1.10 Bn 2.08 Bn
3 Ulta Beauty 21.42 Bn 20.93 Bn 1.48 Bn 2.87 Bn
4 Dick'S Sporting Goods 18.30 Bn 16.95 Bn 1.77 Bn 5.54 Bn
5 Best Buy 15.81 Bn 14.06 Bn 2.10 Bn 4.25 Bn
6 Tractor Supply 15.78 Bn 15.56 Bn 1.30 Bn 2.66 Bn
7 NaaS Technology 14.29 Bn 14.27 Bn - -43.70 Mn
8 Five Below 10.51 Bn 9.58 Bn 696.98 Mn 2.19 Bn
9 Murphy USA 10.28 Bn 10.16 Bn 3.98 Bn 2.82 Bn
10 GameStop 9.98 Bn 965.44 Mn 386.80 Mn 9.61 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -43.70 Mn
Jun 30, 2025 310,515.64
Dec 31, 2024 11.12 Mn
Aug 31, 2024 964,489.80
Dec 31, 2023 141.76 Mn
Dec 31, 2022 134.79 Mn
Dec 31, 2021 4.60 Mn
Jun 30, 2021 3.25 Mn
Mar 31, 2021 3.25 Mn
Dec 31, 2020 47.20 Mn
Sep 30, 2020 34.09 Mn
Jun 30, 2020 19.25 Mn
Mar 31, 2020 19.25 Mn
Dec 31, 2019 39.17 Mn
Sep 30, 2019 19.63 Mn
Jun 30, 2019 12.09 Mn
Mar 31, 2019 11.93 Mn
Dec 31, 2018 85.76 Mn
Sep 30, 2018 13.75 Mn
Dec 31, 2017 54.70 Mn