Netcapital (NCPL) Shares Outstanding (Diluted) (2015 - 2026)
Netcapital's Shares Outstanding (Diluted) came in at 5.61 million for fiscal Q3 2026 (quarter ended Jan 31, 2026), up 193.0% from 1.92 million a year earlier and up 16.7% from the prior quarter.
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Analysis
Netcapital (NCPL) Shares Outstanding (Diluted) (2015 - 2026) Analysis & Trends
For FY2025 (ended Apr 30, 2025), Netcapital's Shares Outstanding (Diluted) was 1.39 million, down 88.5% from FY2024.
- Shares Outstanding (Diluted) carries a five-year compound annual growth rate of 28.1% (FY2020 to FY2025).
- Going back by fiscal year, Shares Outstanding (Diluted) was 12.11 million in FY2024 (+158.8%), 4.68 million in FY2023 (+70.2%), 2.75 million in FY2022 (+66.8%) and 1.65 million in FY2021 (+309.5%).
- The fiscal Q3 2026 figure represents the highest quarterly Shares Outstanding (Diluted) since fiscal Q4 2024.
- Year-over-year, Shares Outstanding (Diluted) has increased for three consecutive quarters, with growth averaging 110.6% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in fiscal Q2 2022 (growth of 553.7%), and the weakest in fiscal Q1 2022 (a decline of 99.7%).
- Business Quant data shows NCPL's Shares Outstanding (Diluted) at 4.81 million (Q2 2026), 2.87 million (Q1 2026) and 1.39 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 912.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 692.22 Mn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 361.28 Mn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 566.00 Mn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 567.75 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 281.06 Mn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 450.09 Mn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 184.89 Mn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 104.90 Mn |
| 10 | Netcapital | 6.96 Mn | 6.96 Mn | 92,524.00 | 5.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 5.61 Mn |
| Oct 31, 2025 | 4.81 Mn |
| Jul 31, 2025 | 2.87 Mn |
| Apr 30, 2025 | 1.39 Mn |
| Jan 31, 2025 | 1.92 Mn |
| Oct 31, 2024 | 947,459.00 |
| Jul 31, 2024 | 495,319.00 |
| Apr 30, 2024 | 12.11 Mn |
| Jan 31, 2024 | 11.47 Mn |
| Oct 31, 2023 | 9.44 Mn |
| Jul 31, 2023 | 7.47 Mn |
| Apr 30, 2023 | 4.68 Mn |
| Jan 31, 2023 | 5.17 Mn |
| Oct 31, 2022 | 4.29 Mn |
| Jul 31, 2022 | 3.17 Mn |
| Apr 30, 2022 | 2.75 Mn |
| Jan 31, 2022 | 2.88 Mn |
| Oct 31, 2021 | 2.72 Mn |
| Jul 31, 2021 | 2.24 Mn |
| Apr 30, 2021 | 1.65 Mn |
API Access
Netcapital Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=NCPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=NCPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();