Netcapital (NCPL) Retained Earnings (2013 - 2026)

Netcapital (NCPL) posted Retained Earnings of -$35.4 million for Q1 2026, down 5.4% sequentially from -$33.6 million in Q4 2025, and down 386.71% YoY from $12.3 million in Q1 2025.

Netcapital (NCPL) Retained Earnings (2013 - 2026) Analysis & Trends

Netcapital (NCPL) has 14 years of Retained Earnings data on file, last reported at -$35.4 million in Q1 2026.

  • Quarterly Retained Earnings fell 386.71% year-over-year to -$35.4 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was -$35.4 million (down 386.71% YoY) and the FY2025 annual result came in at -$27.8 million, down 5901.48% from the prior year.
  • Retained Earnings retreated to -$35.4 million in Q1 2026 per NCPL's latest filing, from -$33.6 million in the prior quarter.
  • The five-year high for Retained Earnings was $5.5 million in Q2 2023, with the low at -$35.4 million in Q1 2026.
  • Average Retained Earnings over 5 years is -$6.4 million, with a median of $2.0 million recorded in 2022.
  • Year-over-year, Retained Earnings jumped 1347.04% in 2022 and tumbled 5901.48% in 2025.
  • Netcapital's Retained Earnings stood at $2.8 million in 2022, then soared by 92.63% to $5.3 million in 2023, then plunged by 180.32% to -$4.3 million in 2024, then slumped by 687.08% to -$33.6 million in 2025, then fell by 5.4% to -$35.4 million in 2026.
  • Business Quant data shows NCPL's Retained Earnings at -$35.4 million in Q1 2026, -$33.6 million in Q4 2025, and -$31.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -5.51 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 169.32 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - -10.76 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 3.34 Bn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -1.80 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 6.17 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 7.93 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -1.24 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -39.40 Mn
10 Netcapital 2.97 Mn 2.26 Mn 92,524.00 -35.41 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 -35.41 Mn
Oct 31, 2025 -33.59 Mn
Jul 31, 2025 -31.46 Mn
Apr 30, 2025 -27.82 Mn
Jan 31, 2025 -7.27 Mn
Oct 31, 2024 -4.27 Mn
Jul 31, 2024 -2.05 Mn
Apr 30, 2024 479,563.00
Jan 31, 2024 3.09 Mn
Oct 31, 2023 5.31 Mn
Jul 31, 2023 4.97 Mn
Apr 30, 2023 5.47 Mn
Jan 31, 2023 4.46 Mn
Oct 31, 2022 2.76 Mn
Jul 31, 2022 2.58 Mn
Apr 30, 2022 2.51 Mn
Jan 31, 2022 2.01 Mn
Oct 31, 2021 190,632.00
Jul 31, 2021 464,788.00
Apr 30, 2021 -992,622.00