Netcapital (NCPL) Net Margin (2013 - 2026)
Netcapital (NCPL) recorded Net Margin of -1921.46% in fiscal Q3 2026 (quarter ended Jan 31, 2026), up 47.69 percentage points from -1969.15% a year earlier and up 2247.79 percentage points from the prior quarter.
Netcapital (NCPL) Net Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Netcapital's Net Margin came in at -3804.10% as of Jan 31, 2026, down 2529.09 percentage points year-over-year; for FY2025 (ended Apr 30, 2025), it was -3255.05%, down 3154.34 percentage points from FY2024.
- Annual Net Margin has declined for three straight fiscal years, with a five-year change of -3289.54 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Net Margin came in at -100.70% in FY2024 (-135.49 pp), 34.79% in FY2023 (-29.13 pp), 63.92% in FY2022 (+32.79 pp) and 31.13% in FY2021 (-3.36 pp).
- Quarterly Net Margin has ranged from -5085.63% in fiscal Q4 2025 to 233.12% in fiscal Q1 2022 over the past five years.
- On a year-over-year basis, Net Margin rose in 1 of the last eight quarters, with an average year-over-year change of -1611.97 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 491.13 percentage points in fiscal Q4 2021, against a drop of 4334.79 percentage points in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -4169.26% (Q2 2026), -1916.28% (Q1 2026) and -5085.63% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 61.06% |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 26.53% |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 42.89% |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 20.02% |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 16.46% |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | 24.38% |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 7.31% |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 32.44% |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | 6.88% |
| 10 | Netcapital | 11.31 Mn | 11.31 Mn | 92,524.00 | -1,921.46% |
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | -1,921.46% |
| Oct 31, 2025 | -4,169.26% |
| Jul 31, 2025 | -1,916.28% |
| Apr 30, 2025 | -5,085.63% |
| Jan 31, 2025 | -1,969.15% |
| Oct 31, 2024 | -1,302.13% |
| Jul 31, 2024 | -1,776.86% |
| Apr 30, 2024 | -750.84% |
| Jan 31, 2024 | -213.61% |
| Oct 31, 2023 | 16.63% |
| Jul 31, 2023 | -32.35% |
| Apr 30, 2023 | 32.46% |
| Jan 31, 2023 | 75.05% |
| Oct 31, 2022 | 10.29% |
| Jul 31, 2022 | 4.81% |
| Apr 30, 2022 | 27.06% |
| Jan 31, 2022 | 100.55% |
| Oct 31, 2021 | -22.85% |
| Jul 31, 2021 | 233.12% |
| Apr 30, 2021 | 143.77% |
Netcapital Net Margin 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=net-margin&ticker=NCPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NCPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();