Netcapital (NCPL) Cost of Revenue (2013 - 2026)
Netcapital (NCPL) posted Cost of Revenue of $4984.0 for Q1 2026, up 165.53% sequentially from $1877.0 in Q4 2025, and down 61.33% YoY from $12887.0 in Q1 2025.
Netcapital (NCPL) Cost of Revenue (2013 - 2026) Analysis & Trends
Netcapital has reported Cost of Revenue for 13 years, with the latest figure at $4984.0 in Q1 2026.
- Quarterly Cost of Revenue fell 61.33% year-over-year to $4984.0 in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $14813.0 (down 72.51% YoY) and the FY2025 annual result came in at $37699.0, down 65.11% from the prior year.
- Cost of Revenue grew to $4984.0 in Q1 2026 per NCPL's latest filing, from $1877.0 in the prior quarter.
- Over five years, Cost of Revenue peaked at $241888.0 in Q3 2023 and troughed at $543.0 in Q2 2025.
- A 5-year average of $31681.7 and a median of $19781.0 in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue soared 1048.4% in 2023, then tumbled 95.77% in 2024.
- Over 5 years, Cost of Revenue stood at $36235.0 in 2022, then increased by 28.97% to $46731.0 in 2023, then slumped by 57.67% to $19781.0 in 2024, then plunged by 90.51% to $1877.0 in 2025, then soared by 165.53% to $4984.0 in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $4984.0, $1877.0, and $7409.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 104.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 412.47 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 93.63 Mn |
| 10 | Netcapital | 1.49 Mn | 771,270.10 | 92,524.00 | 4,984.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 4,984.00 |
| Jan 31, 2026 | 4,984.00 |
| Oct 31, 2025 | 1,877.00 |
| Oct 31, 2025 | 1,877.00 |
| Jul 31, 2025 | 7,409.00 |
| Jul 31, 2025 | 7,409.00 |
| Apr 30, 2025 | 543.00 |
| Apr 30, 2025 | 543.00 |
| Jan 31, 2025 | 12,887.00 |
| Jan 31, 2025 | 12,887.00 |
| Oct 31, 2024 | 19,781.00 |
| Oct 31, 2024 | 19,781.00 |
| Jul 31, 2024 | 10,220.00 |
| Jul 31, 2024 | 10,220.00 |
| Apr 30, 2024 | 10,998.00 |
| Apr 30, 2024 | 10,998.00 |
| Jan 31, 2024 | 32,198.00 |
| Jan 31, 2024 | 32,198.00 |
| Oct 31, 2023 | 46,731.00 |
| Oct 31, 2023 | 46,731.00 |