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 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 19.32 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 104.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 39.93 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Netcapital 2.41 Mn 1.70 Mn 92,524.00 4,984.00

Historic Data

Download Data
DateValue
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