Netcapital (NCPL) Invested Capital (2013 - 2026)

Netcapital's (NCPL) quarterly Invested Capital came in at $22.1 million in Q1 2026, down 37.71% year-on-year from $35.5 million in Q1 2025, and up 0.74% quarter-over-quarter from $21.9 million in Q4 2025.

Netcapital (NCPL) Invested Capital (2013 - 2026) Analysis & Trends

Netcapital has disclosed Invested Capital across 14 years of filings, most recently posting $22.1 million for Q1 2026.

  • Invested Capital for Q1 2026 came in at $22.1 million, down 37.71% year-over-year; the trailing twelve-month figure through Jan 2026 was $22.1 million (down 37.71% YoY), and the FY2025 annual result was $15.4 million, down 59.92% from the prior year.
  • Invested Capital came in at $22.1 million for Q1 2026 at Netcapital, up from $21.9 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $40.8 million in Q1 2024 to a low of $15.4 million in Q2 2025.
  • The 5-year median for Invested Capital is $34.3 million (2023), against an average of $31.6 million.
  • Across the five-year window, Invested Capital surged 100.15% in 2022 and slumped 59.92% in 2025, its largest moves.
  • Netcapital's Invested Capital stood at $30.3 million in 2022, then soared by 30.76% to $39.6 million in 2023, then declined by 4.34% to $37.9 million in 2024, then slumped by 42.14% to $21.9 million in 2025, then increased by 0.74% to $22.1 million in 2026.
  • The last three Invested Capital figures came in at $22.1 million (Q1 2026), $21.9 million (Q4 2025), and $23.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - 1,166.73 Bn
2 Morgan Stanley 328.23 Bn 194.70 Bn - 486.95 Bn
3 Goldman Sachs 313.22 Bn -624.33 Bn - 122.78 Bn
4 Schwab Charles 154.90 Bn 109.92 Bn - 49.23 Bn
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn 9.69 Bn
6 Interactive Brokers 38.41 Bn 49.00 Bn - 5.59 Bn
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - 12.87 Bn
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 7.31 Bn
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 3.43 Bn
10 Netcapital 3.85 Mn 3.13 Mn 92,524.00 22.10 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 22.10 Mn
Oct 31, 2025 21.93 Mn
Jul 31, 2025 23.63 Mn
Apr 30, 2025 15.41 Mn
Jan 31, 2025 35.47 Mn
Oct 31, 2024 37.91 Mn
Jul 31, 2024 38.01 Mn
Apr 30, 2024 38.44 Mn
Jan 31, 2024 40.80 Mn
Oct 31, 2023 39.63 Mn
Jul 31, 2023 40.35 Mn
Apr 30, 2023 36.66 Mn
Jan 31, 2023 34.29 Mn
Oct 31, 2022 30.30 Mn
Jul 31, 2022 31.56 Mn
Apr 30, 2022 27.13 Mn
Jan 31, 2022 24.34 Mn
Oct 31, 2021 20.52 Mn
Jul 31, 2021 22.65 Mn
Apr 30, 2021 14.20 Mn