Netcapital (NCPL) Operating Margin (2013 - 2026)
Netcapital (NCPL) reported Operating Margin of -2304.61% for fiscal Q3 2026 (quarter ended Jan 31, 2026), down 1199.25 percentage points from -1105.36% a year earlier but up 1845.00 percentage points from the prior quarter.
Netcapital (NCPL) Operating Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jan 31, 2026, Netcapital's Operating Margin came in at -1284.97%, down 308.02 percentage points year-over-year; for FY2025 (ended Apr 30, 2025), it came in at -957.07%, down 887.54 percentage points from FY2024.
- Operating Margin has a five-year change of -1022.49 percentage points (FY2020 to FY2025).
- By fiscal year, Operating Margin came in at -69.52% in FY2024 (-96.27 pp), 26.75% in FY2023 (+45.56 pp), -18.81% in FY2022 (-10.31 pp) and -8.50% in FY2021 (-73.93 pp).
- Five-year quarterly Operating Margin spans a low of -4149.61% in fiscal Q2 2026 and a high of 43.66% in fiscal Q4 2023.
- Year over year, Operating Margin gained in 1 of the last eight quarters, with an average year-over-year change of -1067.54 percentage points.
- The high point for year-over-year Operating Margin in five years was fiscal Q1 2023 (a gain of 172.62 percentage points); the low point was fiscal Q2 2026 (a drop of 2858.08 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at -4149.61% (Q2 2026), -1728.76% (Q1 2026) and -475.95% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | - |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | - |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 64.89% |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 38.52% |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 28.12% |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | - |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | - |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | - |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 32.99% |
| 10 | Netcapital | 6.06 Mn | 6.06 Mn | 92,524.00 | -2,304.61% |
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | -2,304.61% |
| Oct 31, 2025 | -4,149.61% |
| Jul 31, 2025 | -1,728.76% |
| Apr 30, 2025 | -475.95% |
| Jan 31, 2025 | -1,105.36% |
| Oct 31, 2024 | -1,291.54% |
| Jul 31, 2024 | -1,763.54% |
| Apr 30, 2024 | -443.70% |
| Jan 31, 2024 | -115.57% |
| Oct 31, 2023 | 2.56% |
| Jul 31, 2023 | -49.28% |
| Apr 30, 2023 | 43.66% |
| Jan 31, 2023 | 25.24% |
| Oct 31, 2022 | 18.84% |
| Jul 31, 2022 | 0.50% |
| Apr 30, 2022 | 27.42% |
| Jan 31, 2022 | -7.49% |
| Oct 31, 2021 | -27.10% |
| Jul 31, 2021 | -172.12% |
| Apr 30, 2021 | -63.25% |
Netcapital Operating 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=operating-margin&ticker=NCPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=NCPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();