Growth Metrics

Netcapital (NCPL) Operating Expenses (2016 - 2026)

Netcapital (NCPL) has disclosed Operating Expenses for 14 consecutive years, with $2.3 million as the latest value for Q1 2026.

  • Quarterly Operating Expenses rose 23.65% to $2.3 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $10.2 million through Jan 2026, up 17.51% year-over-year, with the annual reading at $9.2 million for FY2025, 10.44% up from the prior year.
  • Operating Expenses hit $2.3 million in Q1 2026 for Netcapital, up from $2.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.5 million in Q3 2025 to a low of $1.3 million in Q3 2022.
  • Historically, Operating Expenses has averaged $2.0 million across 5 years, with a median of $2.0 million in 2023.
  • Biggest five-year swings in Operating Expenses: fell 21.53% in 2022 and later surged 71.44% in 2023.
  • Year by year, Operating Expenses stood at $1.4 million in 2022, then skyrocketed by 39.91% to $2.0 million in 2023, then rose by 19.49% to $2.4 million in 2024, then dropped by 7.84% to $2.2 million in 2025, then grew by 4.53% to $2.3 million in 2026.
  • Business Quant data shows Operating Expenses for NCPL at $2.3 million in Q1 2026, $2.2 million in Q4 2025, and $3.5 million in Q3 2025.