Netcapital (NCPL) Cost of Revenue (2013 - 2026)
Netcapital (NCPL) posted Cost of Revenue of $1823.0 for Q1 2026, down 2.88% sequentially from $1877.0 in Q4 2025, and down 74.52% YoY from $7155.0 in Q1 2025.
Netcapital (NCPL) Cost of Revenue (2013 - 2026) Analysis & Trends
Netcapital (NCPL) has 13 years of Cost of Revenue data on file, last reported at $1823.0 in Q1 2026.
- Quarterly Cost of Revenue fell 74.52% year-over-year to $1823.0 in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $11652.0 (up 106.64% YoY) and the FY2025 annual result came in at $37699.0, down 65.11% from the prior year.
- Cost of Revenue slipped to $1823.0 in Q1 2026 per NCPL's latest filing, from $1877.0 in the prior quarter.
- The five-year high for Cost of Revenue was $241888.0 in Q3 2023, with the low at -$212757.0 in Q2 2024.
- Average Cost of Revenue over 5 years is $18025.2, with a median of $21063.0 recorded in 2022.
- Year-over-year, Cost of Revenue surged 1048.4% in 2023 and slumped 1007.86% in 2024.
- Netcapital's Cost of Revenue stood at $32882.0 in 2022, then jumped by 42.12% to $46731.0 in 2023, then tumbled by 57.67% to $19781.0 in 2024, then sank by 90.51% to $1877.0 in 2025, then declined by 2.88% to $1823.0 in 2026.
- Business Quant data shows NCPL's Cost of Revenue at $1823.0 in Q1 2026, $1877.0 in Q4 2025, and $7409.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 65.09 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 107.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 6.62 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 39,000.00 |
| 10 | Netcapital | 2.97 Mn | 2.26 Mn | 92,524.00 | 1,823.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1,823.00 |
| Jan 31, 2026 | 1,823.00 |
| 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 | 7,155.00 |
| Jan 31, 2025 | 7,155.00 |
| 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 | -212,757.00 |
| Apr 30, 2024 | -212,757.00 |
| Jan 31, 2024 | 32,198.00 |
| Jan 31, 2024 | 32,198.00 |
| Oct 31, 2023 | 46,731.00 |
| Oct 31, 2023 | 46,731.00 |