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