NetClass Technology (NTCL) Payables (2023 - 2026)
NetClass Technology's (NTCL) quarterly Payables came in at $4.3 million in Q1 2026, up 142.35% on a YoY basis from $1.8 million in Q1 2025, and up 22.52% quarter-over-quarter from $3.5 million in Q3 2025.
Analysis
NetClass Technology (NTCL) Payables (2023 - 2026) Analysis & Trends
NetClass Technology (NTCL) has reported Payables for 4 consecutive years, with $4.3 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 142.35% year-over-year to $4.3 million; the trailing twelve-month figure through Mar 2026 stood at $4.3 million (up 142.35% YoY), and the FY2025 full-year result was $3.5 million, up 13.06% from the prior year.
- Payables climbed to $4.3 million in Q1 2026 per NTCL's latest filing, from $3.5 million in the prior quarter.
- Across five years, Payables topped out at $4.3 million in Q1 2026 and bottomed at $1.3 million in Q3 2023.
- Historically, Payables has averaged $2.8 million across 4 years, with a median of $3.1 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Payables increased 13.06% in 2025, then jumped 142.35% in 2026.
- Over 4 years, Payables stood at $1.3 million in 2023, then soared by 131.63% to $3.1 million in 2024, then climbed by 13.06% to $3.5 million in 2025, then grew by 22.52% to $4.3 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $4.3 million, $3.5 million, and $1.8 million for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 16.20 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 138.61 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 122.50 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 40.62 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | 3.10 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 9.53 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 4.43 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 4.78 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 10.06 Mn |
| 10 | NetClass Technology | 669,307.99 | -912,689.01 | - | 4.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 4.28 Mn |
| Sep 30, 2025 | 3.49 Mn |
| Mar 31, 2025 | 1.77 Mn |
| Sep 30, 2024 | 3.09 Mn |
| Sep 30, 2023 | 1.33 Mn |