Netcapital (NCPL) Invested Capital (2013 - 2026)
Netcapital (NCPL) posted Invested Capital of $25.42 million for fiscal Q3 2026 (quarter ended Jan 31, 2026), down 34.4% from $38.78 million a year earlier but up 0.7% from the prior quarter.
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Analysis
Netcapital (NCPL) Invested Capital (2013 - 2026) Analysis & Trends
For FY2025 (ended Apr 30, 2025), Netcapital's Invested Capital came in at $18.98 million, down 55.1% from FY2024.
- Annual Invested Capital shows a five-year compound annual growth rate of 61.8% (FY2020 to FY2025).
- In prior fiscal years, Netcapital's Invested Capital was $42.25 million in FY2024 (+8.6%), $38.89 million in FY2023 (+34.0%), $29.02 million in FY2022 (+49.2%) and $19.45 million in FY2021.
- Quarterly Invested Capital has run from a low of $18.98 million in fiscal Q4 2025 to a high of $44.62 million in fiscal Q3 2024 over five years.
- On a year-over-year basis, Invested Capital has declined in each of the last six quarters, with an average decline of 21.3% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was fiscal Q1 2022, with growth of 535.5%; the weakest was fiscal Q4 2025, with a decline of 55.1%.
- According to Business Quant data, Invested Capital for the three prior fiscal quarters was $25.25 million (Q2 2026), $27.53 million (Q1 2026) and $18.98 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | - |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 50.48 Bn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 29.94 Bn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 49.47 Bn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 20.75 Bn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | - |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 22.26 Bn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 22.03 Bn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 7.07 Bn |
| 10 | Netcapital | 6.96 Mn | 6.96 Mn | 92,524.00 | 25.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 25.42 Mn |
| Oct 31, 2025 | 25.25 Mn |
| Jul 31, 2025 | 27.53 Mn |
| Apr 30, 2025 | 18.98 Mn |
| Jan 31, 2025 | 38.78 Mn |
| Oct 31, 2024 | 41.21 Mn |
| Jul 31, 2024 | 41.31 Mn |
| Apr 30, 2024 | 42.25 Mn |
| Jan 31, 2024 | 44.62 Mn |
| Oct 31, 2023 | 43.45 Mn |
| Jul 31, 2023 | 40.85 Mn |
| Apr 30, 2023 | 38.89 Mn |
| Jan 31, 2023 | 36.99 Mn |
| Oct 31, 2022 | 33.06 Mn |
| Jul 31, 2022 | 32.45 Mn |
| Apr 30, 2022 | 29.02 Mn |
| Jan 31, 2022 | 26.70 Mn |
| Oct 31, 2021 | 25.77 Mn |
| Jul 31, 2021 | 26.04 Mn |
| Apr 30, 2021 | 19.45 Mn |
API Access
Netcapital Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=NCPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "NCPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=NCPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();