NASDAQ · NCPL

Netcapital Inc.

Closing price · Nov 13, 2026 $1.64

Latest quarter · ended Jan 31, 2026

Sales slipped and cash got weaker

descriptionFiled Mar 19, 2026
Revenue growthShrinking
−38.2%
Quarter ended Apr 30, 2024: −88.9% sales vs. a year beforeQuarter ended Jul 31, 2024: −90.6% sales vs. a year beforeQuarter ended Oct 31, 2024: −91.6% sales vs. a year beforeQuarter ended Jan 31, 2025: −85.4% sales vs. a year beforeQuarter ended Apr 30, 2025: +16.4% sales vs. a year beforeQuarter ended Jul 31, 2025: +33.6% sales vs. a year beforeQuarter ended Oct 31, 2025: −70.0% sales vs. a year beforeQuarter ended Jan 31, 2026: −38.2% sales vs. a year before
Apr '24Jan '26
$94.3K vs. $153K a year ago
Gross marginBetter
98.1%
Quarter ended Apr 30, 2024: 96.8% gross marginQuarter ended Jul 31, 2024: 92.8% gross marginQuarter ended Oct 31, 2024: 88.4% gross marginQuarter ended Jan 31, 2025: 95.3% gross marginQuarter ended Apr 30, 2025: 99.2% gross marginQuarter ended Jul 31, 2025: 96.1% gross marginQuarter ended Oct 31, 2025: 96.3% gross marginQuarter ended Jan 31, 2026: 98.1% gross margin
Apr '24Jan '26
vs. 95.3% a year ago
Cash from operationsBetter
−$869K
Quarter ended Apr 30, 2024: −$1.31M cash from operationsQuarter ended Jul 31, 2024: −$1.96M cash from operationsQuarter ended Oct 31, 2024: −$1.49M cash from operationsQuarter ended Jan 31, 2025: −$1.16M cash from operationsQuarter ended Apr 30, 2025: −$725K cash from operationsQuarter ended Jul 31, 2025: −$4.21M cash from operationsQuarter ended Oct 31, 2025: −$2.58M cash from operationsQuarter ended Jan 31, 2026: −$869K cash from operations
Apr '24Jan '26
vs. −$1.16M a year ago
Share countDiluting
+258.0%
Quarter ended Apr 30, 2024: 40.54M sharesQuarter ended Jul 31, 2024: 774,934 sharesQuarter ended Oct 31, 2024: 1.84M sharesQuarter ended Jan 31, 2025: 2.19M sharesQuarter ended Apr 30, 2025: 4.72M sharesQuarter ended Jul 31, 2025: 4.72M sharesQuarter ended Oct 31, 2025: 6.87M sharesQuarter ended Jan 31, 2026: 7.85M shares
Apr '24Jan '26
7.85M shares vs. 2.19M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Mixed Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 0
  • info
    No real insider sales in 12 months. Planned 10b5-1 sales and tax withholding are left out.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

12 funds report owning NCPL, up from 11

Holdings as of Jun 30, 2026
New3
Added1
Held5
Trimmed3
Sold out2

Insider trades · last 12 months

Real buys and sales

No insider filings loaded for the last 12 months.

Top holders

Biggest funds in NCPL

As of Jun 30, 2026
FundOwnsValueChange
HRT Financial LP1.3%$55KNew
Citadel Advisors LLC0.7%$29.1K+41%
Virtu Financial LLC0.5%$23KNew
Geode Capital Management, LLC0.5%$20.1K−48%
Vanguard Fiduciary Trust Co0.4%$16.5KSame

"Owns" is shares reported divided by shares outstanding.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast