Netcapital (NCPL) Operating Income (2013 - 2026)

Netcapital (NCPL) posted Operating Income of -$2.2 million for Q1 2026, down 2.59% sequentially from -$2.1 million in Q4 2025, and down 28.83% YoY from -$3.1 million in Q1 2025.

Netcapital (NCPL) Operating Income (2013 - 2026) Analysis & Trends

Netcapital (NCPL) has 14 years of Operating Income data on file, last reported at -$2.2 million in Q1 2026.

  • Quarterly Operating Income fell 28.83% year-over-year to -$2.2 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was -$9.5 million (down 19.7% YoY) and the FY2025 annual result came in at -$8.3 million, down 141.73% from the prior year.
  • Operating Income fell to -$2.2 million in Q1 2026 per NCPL's latest filing, from -$2.1 million in the prior quarter.
  • The five-year high for Operating Income was $1.4 million in Q2 2023, with the low at -$3.3 million in Q3 2025.
  • Average Operating Income over 5 years is -$982421.5, with a median of -$1.2 million recorded in 2024.
  • The widest YoY moves for Operating Income: up 520.4% in 2023, down 11329.69% in 2023.
  • Netcapital's Operating Income stood at $335165.0 in 2022, then slumped by 84.42% to $52220.0 in 2023, then plunged by 4317.6% to -$2.2 million in 2024, then rose by 3.77% to -$2.1 million in 2025, then retreated by 2.59% to -$2.2 million in 2026.
  • Business Quant data shows NCPL's Operating Income at -$2.2 million in Q1 2026, -$2.1 million in Q4 2025, and -$3.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 287.25 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 45.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -233.52 Mn
10 Netcapital 2.97 Mn 2.26 Mn 92,524.00 -2.17 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 -2.17 Mn
Oct 31, 2025 -2.12 Mn
Jul 31, 2025 -3.29 Mn
Apr 30, 2025 -1.92 Mn
Jan 31, 2025 -1.69 Mn
Oct 31, 2024 -2.20 Mn
Jul 31, 2024 -2.51 Mn
Apr 30, 2024 -1.54 Mn
Jan 31, 2024 -1.21 Mn
Oct 31, 2023 52,220.00
Jul 31, 2023 -749,020.00
Apr 30, 2023 1.36 Mn
Jan 31, 2023 570,577.00
Oct 31, 2022 335,165.00
Jul 31, 2022 6,670.00
Apr 30, 2022 505,827.00
Jan 31, 2022 -135,723.00
Oct 31, 2021 -325,130.00
Jul 31, 2021 -1.08 Mn
Apr 30, 2021 -601,014.00