NetClass Technology (NTCL) Common Equity (2023 - 2026)
NetClass Technology's (NTCL) quarterly Common Equity came in at -$5.2 million in Q1 2026, down 177.58% on a YoY basis from $6.7 million in Q1 2025, and down 186.97% quarter-over-quarter from $6.0 million in Q3 2025.
Analysis
NetClass Technology (NTCL) Common Equity (2023 - 2026) Analysis & Trends
NetClass Technology (NTCL) has reported Common Equity for 4 consecutive years, with -$5.2 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Common Equity fell 177.58% year-over-year to -$5.2 million; the trailing twelve-month figure through Mar 2026 stood at -$5.2 million (down 177.58% YoY), and the FY2025 full-year result was $6.0 million, up 95.24% from the prior year.
- Common Equity slipped to -$5.2 million in Q1 2026 per NTCL's latest filing, from $6.0 million in the prior quarter.
- Across five years, Common Equity topped out at $6.7 million in Q1 2025 and bottomed at -$5.2 million in Q1 2026.
- Historically, Common Equity has averaged $3.0 million across 4 years, with a median of $4.4 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Common Equity soared 95.24% in 2025, then plunged 177.58% in 2026.
- Over 4 years, Common Equity stood at $4.4 million in 2023, then tumbled by 31.09% to $3.1 million in 2024, then jumped by 95.24% to $6.0 million in 2025, then tumbled by 186.97% to -$5.2 million in 2026.
- According to Business Quant data, Common Equity over the past three periods registered -$5.2 million, $6.0 million, and $6.7 million for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 1.41 Bn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | -271.87 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 1.17 Bn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | -306,000.00 |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | -33.58 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 139.03 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 25.94 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 118.61 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | -72.82 Mn |
| 10 | NetClass Technology | 669,307.99 | -912,689.01 | - | -5.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -5.20 Mn |
| Sep 30, 2025 | 5.98 Mn |
| Mar 31, 2025 | 6.70 Mn |
| Sep 30, 2024 | 3.06 Mn |
| Sep 30, 2023 | 4.44 Mn |