Netcapital (NCPL) Gross Margin (2013 - 2026)

Netcapital (NCPL) has 14 years of Gross Margin data on file, last reported at 98.07% in Q1 2026.

• Quarterly Gross Margin rose 275.0% year-over-year to 98.07% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 98.07% (up 399.0% YoY) and the FY2025 annual result came in at 95.36%, down 246.0% from the prior year.
• Gross Margin rose to 98.07% in Q1 2026 per NCPL's latest filing, from 96.33% in the prior quarter.
• The five-year high for Gross Margin was 99.81% in Q1 2023, with the low at 88.4% in Q4 2024.
• Average Gross Margin over 5 years is 96.89%, with a median of 97.96% recorded in 2022.
• Year-over-year, Gross Margin sank 1061 bps in 2024 and surged 792 bps in 2025.
• Netcapital's Gross Margin stood at 97.96% in 2022, then grew by 1 bps to 99.01% in 2023, then declined by 11 bps to 88.4% in 2024, then grew by 9 bps to 96.33% in 2025, then advanced by 2 bps to 98.07% in 2026.
• Business Quant data shows NCPL's Gross Margin at 98.07% in Q1 2026, 96.33% in Q4 2025, and 96.1% in Q3 2025.