Netcapital (NCPL) Retained Earnings (2013 - 2026)

Netcapital has disclosed Retained Earnings across 14 years of filings, most recently posting -$35.4 million for Q1 2026.

• Retained Earnings for Q1 2026 came in at -$35.4 million, down 386.71% year-over-year; the trailing twelve-month figure through Jan 2026 was -$35.4 million (down 386.71% YoY), and the FY2025 annual result was -$27.8 million, down 5901.48% from the prior year.
• Retained Earnings came in at -$35.4 million for Q1 2026 at Netcapital, down from -$33.6 million in the prior quarter.
• In the past five years, Retained Earnings ranged from a high of $5.5 million in Q2 2023 to a low of -$35.4 million in Q1 2026.
• The 5-year median for Retained Earnings is $2.0 million (2022), against an average of -$6.4 million.
• Across the five-year window, Retained Earnings soared 1347.04% in 2022 and sank 5901.48% in 2025, its largest moves.
• Netcapital's Retained Earnings stood at $2.8 million in 2022, then soared by 92.63% to $5.3 million in 2023, then tumbled by 180.32% to -$4.3 million in 2024, then sank by 687.08% to -$33.6 million in 2025, then slipped by 5.4% to -$35.4 million in 2026.
• The last three Retained Earnings figures came in at -$35.4 million (Q1 2026), -$33.6 million (Q4 2025), and -$31.5 million (Q3 2025), per Business Quant data.