Netcapital (NCPL) Operating Expenses (2016 - 2026)
Netcapital's Operating Expenses history spans 13 years, with the latest figure at $2.2 million for Q4 2025.
- For Q4 2025, Operating Expenses fell 7.84% year-over-year to $2.2 million; the TTM value through Oct 2025 reached $9.8 million, up 8.11%, while the annual FY2025 figure was $9.2 million, 10.44% up from the prior year.
- Operating Expenses for Q4 2025 was $2.2 million at Netcapital, down from $3.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $3.5 million in Q3 2025 and bottomed at $1.2 million in Q1 2021.
- The 5-year median for Operating Expenses is $1.9 million (2024), against an average of $1.9 million.
- The largest annual shift saw Operating Expenses surged 715.36% in 2021 before it decreased 21.53% in 2022.
- A 5-year view of Operating Expenses shows it stood at $1.5 million in 2021, then fell by 6.61% to $1.4 million in 2022, then soared by 39.91% to $2.0 million in 2023, then increased by 19.49% to $2.4 million in 2024, then fell by 7.84% to $2.2 million in 2025.
- Per Business Quant, the three most recent readings for NCPL's Operating Expenses are $2.2 million (Q4 2025), $3.5 million (Q3 2025), and $2.3 million (Q2 2025).