# Netcapital Inc.: overview NCPL · Nasdaq · CIK 1414767 · [Financials](/sectors/financials.md) · fiscal year ends Apr 30 Pages: [Overview](/companies/ncpl.md) · [Financials](/companies/ncpl/financials.md) · [Filings](/companies/ncpl/filings.md) · [Insiders](/companies/ncpl/insiders.md) Latest reported revenue: [$94.3k](/filings/0001493152-26-011686.md) for Q3 FY2026, three months to 2026-01-31, from the 10-Q filed Mar 19, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001493152-26-011686). ## Last eight quarters | Line item | Unit | Q4 FY2024 (2024-04-30) | Q1 FY2025 (2024-07-31) | Q2 FY2025 (2024-10-31) | Q3 FY2025 (2025-01-31) | Q4 FY2025 (2025-04-30) | Q1 FY2026 (2025-07-31) | Q2 FY2026 (2025-10-31) | Q3 FY2026 (2026-01-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $k | [347 d](/filings/0001641172-25-023248.md) | [142](/filings/0001493152-25-014479.md) | [171](/filings/0001493152-25-027769.md) | [153](/filings/0001493152-26-011686.md) | [404 d](/filings/0001641172-25-023248.md) | [190](/filings/0001493152-25-014479.md) | [51.1](/filings/0001493152-25-027769.md) | [94.3](/filings/0001493152-26-011686.md) | | Gross margin | % | [96.8% d](/filings/0001641172-25-023248.md) | [92.8%](/filings/0001493152-25-014479.md) | [88.4%](/filings/0001493152-25-027769.md) | [95.3%](/filings/0001493152-26-011686.md) | [99.2% d](/filings/0001641172-25-023248.md) | [96.1%](/filings/0001493152-25-014479.md) | [96.3%](/filings/0001493152-25-027769.md) | [98.1%](/filings/0001493152-26-011686.md) | | Operating margin | % | [(443.7%) d](/filings/0001641172-25-023248.md) | [(1763.5%)](/filings/0001493152-25-014479.md) | [(1291.5%)](/filings/0001493152-25-027769.md) | [(1105.4%)](/filings/0001493152-26-011686.md) | [(476.0%) d](/filings/0001641172-25-023248.md) | [(1728.8%)](/filings/0001493152-25-014479.md) | [(4149.6%)](/filings/0001493152-25-027769.md) | [(2304.6%)](/filings/0001493152-26-011686.md) | | Net margin | % | [(750.8%) d](/filings/0001493152-24-029454.md) | [(1776.9%)](/filings/0001493152-25-014479.md) | [(1302.1%)](/filings/0001493152-25-027769.md) | [(1969.1%)](/filings/0001493152-26-011686.md) | [(5085.6%) d](/filings/0001641172-25-023248.md) | [(1916.3%)](/filings/0001493152-25-014479.md) | [(4169.3%)](/filings/0001493152-25-027769.md) | [(1921.5%)](/filings/0001493152-26-011686.md) | | Diluted EPS | $ per share | not reported | [(5.10)](/filings/0001493152-25-014479.md) | [(2.34)](/filings/0001493152-25-027769.md) | [(1.57)](/filings/0001493152-26-011686.md) | not reported | [(1.27)](/filings/0001493152-25-014479.md) | [(0.44)](/filings/0001493152-25-027769.md) | [(0.32)](/filings/0001493152-26-011686.md) | | Free cash flow | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-04-30) | FY2022 (2022-04-30) | FY2023 (2023-04-30) | FY2024 (2024-04-30) | FY2025 (2025-04-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $k | [4,721](/filings/0001903596-22-000497.md) | [5,481](/filings/0001903596-23-000560.md) | [8,494](/filings/0001493152-24-029454.md) | [4,951](/filings/0001641172-25-023248.md) | [869](/filings/0001641172-25-023248.md) | | Gross margin | % | [83.9%](/filings/0001903596-22-000497.md) | [98.0%](/filings/0001903596-23-000560.md) | [99.0%](/filings/0001493152-24-029454.md) | [97.8%](/filings/0001641172-25-023248.md) | [95.4%](/filings/0001641172-25-023248.md) | | Operating margin | % | [(8.5%)](/filings/0001903596-22-000497.md) | [(18.8%)](/filings/0001903596-23-000560.md) | [26.7%](/filings/0001493152-24-029454.md) | [(69.5%)](/filings/0001641172-25-023248.md) | [(957.1%)](/filings/0001641172-25-023248.md) | | Net margin | % | [31.1%](/filings/0001903596-22-000497.md) | [63.9%](/filings/0001903596-23-000560.md) | [34.8%](/filings/0001493152-24-029454.md) | [(100.7%)](/filings/0001641172-25-023248.md) | [(3255.0%)](/filings/0001641172-25-023248.md) | | Diluted EPS | $ per share | [0.89](/filings/0001903596-22-000497.md) | [1.27](/filings/0001903596-23-000560.md) | [0.63](/filings/0001493152-24-029454.md) | [(28.83)](/filings/0001641172-25-023248.md) | [(20.39)](/filings/0001641172-25-023248.md) | | Free cash flow | $k | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ncpl/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $29.1k | 54,283 | | Added +15,723 | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $20.1k | 37,439 | | Reduced −34,775 | | [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $16.5k | 30,749 | | Unchanged | | [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $15.7k | 29,293 | | New +29,293 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $11.0k | 20,590 | | Unchanged | | [LPL Financial LLC](/funds/1403438.md) | 2026-06-30 | $5.4k | 10,000 | | Unchanged | | [BARD ASSOCIATES INC](/funds/1105907.md) | 2026-06-30 | $4.0k | 196,688 | | Reduced −2,664 | | [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $1.6k | 3,003 | | Unchanged | | [Tower Research Capital LLC (TRC)](/funds/1533421.md) | 2026-06-30 | $1.4k | 2,602 | | Reduced −1,432 | | [Clear Street Group Inc.](/funds/1881567.md) | 2026-06-30 | $823 | 33,576 | | Unchanged | ## Recent filings [All 377 filings](/companies/ncpl/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-10-20 | 17:00 ET | [8-K](/filings/0001493152-26-047783.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001493152-26-047783 | | 2026-10-14 | 15:50 ET | [8-K](/filings/0001493152-26-047004.md) | 3.01 Delisting notice; 4.01 Change of auditor; 9.01 Financial statements and exhibits | 0001493152-26-047004 | | 2026-09-25 | 17:00 ET | [8-K](/filings/0001493152-26-044363.md) | 3.01 Delisting notice; 9.01 Financial statements and exhibits | 0001493152-26-044363 | | 2026-09-03 | 17:10 ET | [8-K](/filings/0001493152-26-041397.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001493152-26-041397 | | 2026-08-28 | 06:05 ET | [8-K](/filings/0001493152-26-040478.md) | 3.01 Delisting notice; 9.01 Financial statements and exhibits | 0001493152-26-040478 | | 2026-08-25 | 15:35 ET | [8-K](/filings/0001493152-26-040042.md) | 5.02 Departure or appointment of officers or directors; 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-040042 | | 2026-08-18 | 21:30 ET | [8-K](/filings/0001493152-26-038853.md) | 4.01 Change of auditor; 4.02 Non-reliance on financial statements; 9.01 Financial statements and exhibits | 0001493152-26-038853 | | 2026-08-10 | 17:21 ET | [8-K](/filings/0001493152-26-036916.md) | 1.01 Entry into a material agreement; 3.01 Delisting notice; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-036916 | | 2026-07-09 | 16:30 ET | [8-K](/filings/0001493152-26-032693.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001493152-26-032693 | | 2026-07-08 | 16:30 ET | [8-K](/filings/0001493152-26-032527.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-032527 | ## Latest annual report [Form 10-K for the fiscal year ended Apr 30, 2025](/filings/0001641172-25-023248.md), filed Aug 12, 2025. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1414767 - Tickers: NCPL, NCPLW - Exchange: Nasdaq - SIC code: 6199 Finance Services - State of incorporation: UT - Filer category: Non-accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 13:01 ET. No prices; not investment advice.