Netcapital (NCPL) Accumulated Expenses (2013 - 2026)
Netcapital (NCPL) posted Accumulated Expenses of $262,271 for fiscal Q3 2026 (quarter ended Jan 31, 2026), up 4.5% from $250,983 a year earlier and up 31.3% from the prior quarter.
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Analysis
Netcapital (NCPL) Accumulated Expenses (2013 - 2026) Analysis & Trends
At the end of FY2025 (ended Apr 30, 2025), Netcapital's Accumulated Expenses came in at $269,971, down 13.0% from FY2024.
- Annual Accumulated Expenses shows a five-year compound annual growth rate of 12.5% (FY2020 to FY2025).
- In prior fiscal years, Netcapital's Accumulated Expenses was $310,300 in FY2024 (+8.9%), $285,065 in FY2023 (+24.0%), $229,867 in FY2022 (-25.0%) and $306,308 in FY2021 (+104.4%).
- Quarterly Accumulated Expenses has run from a low of $173,161 in fiscal Q1 2023 to a high of $415,603 in fiscal Q2 2024 over five years.
- On a year-over-year basis, Accumulated Expenses increased in three of the last eight quarters, with an average decline of 11.4%.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was fiscal Q4 2021, with growth of 104.4%; the weakest was fiscal Q2 2025, with a decline of 52.1%.
- According to Business Quant data, Accumulated Expenses for the three prior fiscal quarters was $199,717 (Q2 2026), $235,448 (Q1 2026) and $269,971 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn |
| 10 | Netcapital | 6.96 Mn | 6.96 Mn | 92,524.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 262,271.00 |
| Oct 31, 2025 | 199,717.00 |
| Jul 31, 2025 | 235,448.00 |
| Apr 30, 2025 | 269,971.00 |
| Jan 31, 2025 | 250,983.00 |
| Oct 31, 2024 | 199,189.00 |
| Jul 31, 2024 | 236,758.00 |
| Apr 30, 2024 | 310,300.00 |
| Jan 31, 2024 | 394,911.00 |
| Oct 31, 2023 | 415,603.00 |
| Jul 31, 2023 | 242,955.00 |
| Apr 30, 2023 | 285,065.00 |
| Jan 31, 2023 | 246,665.00 |
| Oct 31, 2022 | 250,179.00 |
| Jul 31, 2022 | 173,161.00 |
| Apr 30, 2022 | 229,867.00 |
| Jan 31, 2022 | 253,285.00 |
| Oct 31, 2021 | 316,285.00 |
| Jul 31, 2021 | 283,795.00 |
| Apr 30, 2021 | 306,308.00 |
API Access
Netcapital Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NCPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NCPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NCPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();