Netcapital Inc. (NCPLW) stock
NCPLWNasdaqFinance ServicesFiscal year ends April 30Also trades as NCPL
$0.04+0.01 (+17.81%)
Close on Oct 30, 2026Market cap $12.48MP/E –Yield –
Netcapital gross margin
Gross margin is gross profit as a percentage of revenue.
Netcapital's gross margin for the twelve months ending Jan 31, 2026 was 98.1%. For fiscal 2025 it was 95.4%, against 97.8% the year before. The highest annual figure on record is 100.0% in fiscal 2017.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Apr 30, 2025 | 95.4% | −2.5 |
| FY2024 | Apr 30, 2024 | 97.8% | −1.2 |
| FY2023 | Apr 30, 2023 | 99.0% | +1.0 |
| FY2022 | Apr 30, 2022 | 98.0% | +14.1 |
| FY2021 | Apr 30, 2021 | 83.9% | −15.4 |
| FY2020 | Apr 30, 2020 | 99.4% | +1.9 |
| FY2019 | Apr 30, 2019 | 97.5% | +19.0 |
| FY2018 | Apr 30, 2018 | 78.5% | −21.5 |
| FY2017 | Apr 30, 2017 | 100.0% | +258.2 |
| FY2016 | Apr 30, 2016 | -158.2% | −187.1 |
| FY2015 | Apr 30, 2015 | 28.9% | −44.5 |
| FY2014 | Apr 30, 2014 | 73.5% | −16.6 |
| FY2013 | Apr 30, 2013 | 90.1% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Jan 31, 2026 | 98.1% | +2.8 |
| Q2 FY2026 | Oct 31, 2025 | 96.3% | +7.9 |
| Q1 FY2026 | Jul 31, 2025 | 96.1% | +3.3 |
| Q4 FY2025 | Apr 30, 2025 | 99.2% | +2.4 |
| Q3 FY2025 | Jan 31, 2025 | 95.3% | +1.0 |
| Q2 FY2025 | Oct 31, 2024 | 88.4% | −10.6 |
| Q1 FY2025 | Jul 31, 2024 | 92.8% | −6.0 |
| Q4 FY2024 | Apr 30, 2024 | 96.8% | −2.4 |
| Q3 FY2024 | Jan 31, 2024 | 94.4% | −5.5 |
| Q2 FY2024 | Oct 31, 2023 | 99.0% | +1.1 |
| Q1 FY2024 | Jul 31, 2023 | 98.8% | +0.4 |
| Q4 FY2023 | Apr 30, 2023 | 99.2% | +0.6 |
| Q3 FY2023 | Jan 31, 2023 | 99.8% | +2.0 |
| Q2 FY2023 | Oct 31, 2022 | 98.0% | +32.7 |
| Q1 FY2023 | Jul 31, 2022 | 98.4% | +3.0 |
| Q4 FY2022 | Apr 30, 2022 | 98.7% | +1.7 |
| Q3 FY2022 | Jan 31, 2022 | 97.8% | −0.9 |
| Q2 FY2022 | Oct 31, 2021 | 65.3% | +4.0 |
| Q1 FY2022 | Jul 31, 2021 | 95.5% | +19.9 |
| Q4 FY2021 | Apr 30, 2021 | 97.0% | −1.2 |
| Q3 FY2021 | Jan 31, 2021 | 98.7% | −0.8 |
| Q2 FY2021 | Oct 31, 2020 | 61.3% | −38.3 |
| Q1 FY2021 | Jul 31, 2020 | 75.5% | −22.5 |
| Q4 FY2020 | Apr 30, 2020 | 98.2% | −2.0 |
| Q3 FY2020 | Jan 31, 2020 | 99.6% | +10.8 |
| Q2 FY2020 | Oct 31, 2019 | 99.6% | +10.8 |
| Q1 FY2020 | Jul 31, 2019 | 98.0% | +3.0 |
| Q4 FY2019 | Apr 30, 2019 | 100.2% | +22.0 |
| Q3 FY2019 | Jan 31, 2019 | 88.8% | −6.3 |
| Q2 FY2019 | Oct 31, 2018 | 88.8% | −11.2 |
| Q1 FY2019 | Jul 31, 2018 | 95.0% | −5.0 |
| Q4 FY2018 | Apr 30, 2018 | 78.1% | −21.9 |
| Q3 FY2018 | Jan 31, 2018 | 95.0% | −5.0 |
| Q2 FY2018 | Oct 31, 2017 | 100.0% | +16.9 |
| Q1 FY2018 | Jul 31, 2017 | 100.0% | – |
| Q4 FY2017 | Apr 30, 2017 | 100.0% | – |
| Q3 FY2017 | Jan 31, 2017 | 100.0% | – |
| Q4 FY2016 | Apr 30, 2016 | 83.1% | – |