Netcapital (NCPL) Cost of Revenue (2013 - 2026)
Netcapital's (NCPL) quarterly Cost of Revenue came in at $1823.0 in Q1 2026, down 74.52% year-on-year from $7155.0 in Q1 2025, and down 2.88% quarter-over-quarter from $1877.0 in Q4 2025.
Netcapital (NCPL) Cost of Revenue (2013 - 2026) Analysis & Trends
Netcapital has disclosed Cost of Revenue across 13 years of filings, most recently posting $1823.0 for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $1823.0, down 74.52% year-over-year; the trailing twelve-month figure through Jan 2026 was $11652.0 (up 106.64% YoY), and the FY2025 annual result was $37699.0, down 65.11% from the prior year.
- Cost of Revenue came in at $1823.0 for Q1 2026 at Netcapital, down from $1877.0 in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $241888.0 in Q3 2023 to a low of -$212757.0 in Q2 2024.
- The 5-year median for Cost of Revenue is $21063.0 (2022), against an average of $18025.2.
- Across the five-year window, Cost of Revenue jumped 1048.4% in 2023 and plunged 1007.86% in 2024, its largest moves.
- Netcapital's Cost of Revenue stood at $32882.0 in 2022, then jumped by 42.12% 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 decreased by 2.88% to $1823.0 in 2026.
- The last three Cost of Revenue figures came in at $1823.0 (Q1 2026), $1877.0 (Q4 2025), and $7409.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 95,219.34 Bn | 95,219.34 Bn | - | - |
| 2 | Morgan Stanley | 323.01 Bn | 189.48 Bn | - | - |
| 3 | Goldman Sachs | 303.95 Bn | -633.60 Bn | - | - |
| 4 | Schwab Charles | 155.80 Bn | 110.82 Bn | - | - |
| 5 | Robinhood Markets | 77.67 Bn | 73.03 Bn | 960.00 Mn | 107.00 Mn |
| 6 | Interactive Brokers | 38.08 Bn | 48.67 Bn | - | - |
| 7 | LPL Financial Holdings | 23.19 Bn | 22.17 Bn | - | - |
| 8 | Tradeweb Markets | 21.40 Bn | 20.15 Bn | - | - |
| 9 | Circle Internet | 19.36 Bn | 17.84 Bn | 35.01 Mn | 6.62 Mn |
| 10 | Netcapital | 3.82 Mn | 3.10 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 |