Netcapital annual free cash flow
2023
2024
2025
Netcapital Free Cash Flow (FCF) History (NCPL)
Netcapital reported −$5.4M in free cash flow for fiscal 2025, a decrease of $379,373 from the previous fiscal year, with a free cash flow margin of −625.01%.
View full Netcapital company overviewNetcapital free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-04-30 | −$5.4M | −$379,373 | — | −625.01% |
| 2024 | 2024-04-30 | −$5.1M | −$7,638 | — | −102.09% |
| 2023 | 2023-04-30 | −$5.0M | — | — | −59.42% |
Netcapital quarterly free cash flow
Q2.23
Q3.23
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q3 2026 | 2026-01-31 | −$868,745 | $389,798 | — | −920.80% |
| Q2 2026 | 2025-10-31 | −$2.6M | −$995,861 | — | −5047.97% |
| Q1 2026 | 2025-07-31 | −$4.5M | −$2.4M | — | −2367.31% |
| Q4 2025 | 2025-04-30 | −$914,581 | $800,558 | — | −226.37% |
| Q3 2025 | 2025-01-31 | −$1.3M | −$771,752 | — | −824.29% |
| Q2 2025 | 2024-10-31 | −$1.6M | −$122,328 | — | −927.97% |
| Q1 2025 | 2024-07-31 | −$2.1M | −$1.0M | — | −1447.44% |
| Q3 2024 | 2024-01-31 | −$1.7M | — | — | −164.48% |
| Q2 2024 | 2023-10-31 | −$486,791 | — | — | −23.84% |
| Q3 2023 | 2023-01-31 | −$1.5M | — | — | −64.59% |
| Q2 2023 | 2022-10-31 | −$1.0M | — | — | −58.51% |
Netcapital free cash flow growth trends
Netcapital's latest reported quarter, Q3 2026, generated −$868,745 in free cash flow, an increase of $389,798 year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Netcapital filings at SEC.gov ↗