# NumXL Software Pricing, Alternatives & More 2026 | Capterra > With the help of Capterra, learn about NumXL Software - reviews, pricing plans, popular comparisons to other Statistical Analysis products and more. Source: https://www.capterra.com/p/150173/NumXL --- # NumXL Software Review 2026: Features, Integrations, Pros & Cons Last updated on March 13, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. Independent research methodology Capterra’s researchers use a mix of verified reviews, independent research and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or speak to an advisor, this has no influence on our research or methodology. [Learn more](https://www.capterra.com/resources/proprietary-data-research/) How Capterra verifies reviews Capterra carefully verified over 2.5 million+ reviews to bring you authentic software experiences from real users. Our human moderators verify that reviewers are real people and that reviews are authentic. They use leading tech to analyze text quality and to detect plagiarism and generative AI. [Learn more](https://www.capterra.com/resources/how-we-verify-reviews/) How Capterra ensures transparency Capterra lists all providers across its website—not just those that pay us—so that users can make informed purchase decisions. Capterra is free for users. Software providers pay us for sponsored profiles to receive web traffic and sales opportunities. Sponsored profiles include a link-out icon that takes users to the provider’s website. [Learn more](https://www.capterra.com/resources/how-we-ensure-transparency/) [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews) NumXL ## What is NumXL? NumXL is a user-friendly statistical tool that functions as an Excel add-in. It enables you to perform advanced econometric analysis quickly and efficiently through an intuitive interface directly within Excel. With NumXL, you can analyze, build, validate, back-test, and forecast your models with just a few clicks. Additionally, you can track and modify your data and share your models with others. NumXL provides a comprehensive range of statistical functions for effective data analysis and graphics. ## What is NumXL used for? [Statistical Analysis](https://www.capterra.com/statistical-analysis-software/) Top alternative Featured Overall rating Based on 24 user reviews Reviews sentiment Positive 96% Neutral 4% Negative 0% Starting price $25 Per User, Per Month Free trial available Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for NumXL?[Manage this product listing](https://digitalmarkets.gartner.com/get-listed/claim-bx?url=http://www.spiderfinancial.com//&name=NumXL) ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### NumXL 4.8 (24) VS. [4.5 (388)](https://www.capterra.com/p/109731/Minitab-Statistical-Software/reviews/) Starting Price $25 Per User, Per Month Starting Price $1851 Flat Rate, Per Year Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 4.6 (24) Ease Of Use 4.2 (2,090) Value For Money 4.8 (23) Value For Money 4.2 (1,486) Customer Service 4.7 (21) Customer Service 4.2 (1,370) ## NumXL alternatives Highest Rated [4.7 (84)](https://www.capterra.com/p/10012559/EngineRoom/reviews/) Starting price $495.00 Per User, Per Month [4.3 (329)](https://www.capterra.com/p/119119/Domo/reviews/) Starting price Contact vendor for pricing [4.4 (12)](https://www.capterra.com/p/10004983/SAS-Viya/#reviews) Starting price Contact vendor for pricing [MATLAB](https://www.capterra.com/p/125813/MATLAB/) [4.6 (2,090)](https://www.capterra.com/p/125813/MATLAB/reviews/) Starting price $203.63 Per User, Per Month [Learn More](https://www.capterra.com/p/125813/MATLAB/) [View all alternatives](https://www.capterra.com/p/150173/NumXL/alternatives/) ## Features Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically. Time Series Analysis 4.0 (6) 66.67% of 6 reviewers that rated this feature as important or highly important Series of data points indexed in time order Data Visualization 4.4 (5) 80.00% of 5 reviewers that rated this feature as important or highly important Graphical representation of data Reporting/Analytics 4.0 (5) 80.00% of 5 reviewers that rated this feature as important or highly important View and track pertinent metrics to find patterns and gain insights from data Forecasting 4.0 (4) 75.00% of 4 reviewers that rated this feature as important or highly important Form predictions based on past and present data/trends Multivariate Analysis 4.3 (4) 100.00% of 4 reviewers that rated this feature as important or highly important Analysis of data sets that contain more than one variable Regression Analysis 5.0 (3) 100.00% of 3 reviewers that rated this feature as important or highly important Analysis to understand which of the independent variables are related to the dependent variable NumXL 9 features Generate one-off reports that meet information requirements Graphical representation of data Form predictions based on past and present data/trends Analysis of data sets that contain more than one variable Analysis to understand which of the independent variables are related to the dependent variable View and track pertinent metrics to find patterns and gain insights from data Apply statistical/mathematical models to sets of data Assess the performance of a method by picking a random sample from a normal distribution Series of data points indexed in time order Features 4.4 (24) 4.4 Based on 24 reviews ## Pricing Value for money 4.8 (23) Free Trial Free Version [View pricing plan details](https://www.capterra.com/p/150173/NumXL/pricing/) NumXL 365 (Monthly) $25.00 Per User,Per Month It includes: - Full Features - Support & Updates - 1-month subscription NumXL Pro (Annual) $250.00 Per User,Per Year It includes: - Full Features - Support & Updates - 12-month subscription NumXL Perpetual $625.00 Per User,One Time It includes: - Full Features - Perpetual License - Support & Updates (12 mo.) Value for money 4.8 (23) 4.8 Based on 23 reviews ## Support, customer service and training options Customer Service 4.7 (21) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 4.7 (21) 4.7 Based on 21 reviews ## User reviews Overall rating 4.8 Based on 24 reviews Filter by rating 5(19) 4(4) 3(1) 2(0) 1(0) Mentioned topic Sorted by most recent EL Eric L. Systems Engineer Aviation & Aerospace ### "Interpolation works well" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 April 2, 2026 Overall, I am very happy with NumXL as the interpolation function perfectly replaces the older 32-bit plug-in I had been using which is no longer supported by newer versions of Office. Pros I only use NumXL for one function: interpolate. I have zero problems with that function. At this time, I have no reasons to use the other functions, but I do appreciate the effort that went into building them. Cons I wish the interpolate function was stand-alone for a lower price, but I can understand that the developers need to be paid and that segmenting the product line is probably too much work, especially if it means lower revenue. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. LK Ladislav K. professor Education Management ### "With NumXL the statistics could be easy" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 March 3, 2025 I have personal experience with various alternative applications of NumXL components. Pros Statistics is one of the less popular subjects for undergraduate students. In my experience, one reason for this is the lack of suitable, user-friendly software that enables quick statistical processing of various tasks and allows for effective presentation to students. In my teaching practice, I have found NumXL products to be a valuable support in this area. Ladislav (Slovakia) Cons Despite my long practice with NumXL, I am not qualified enough to identify such a bottleneck. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. HD Huw D. Professor Higher Education ### "Simple and Easy" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 8/10 October 28, 2024 Very useful. I wanted to use it for seasonal adjustment using X-13 and managed to get it to do what I needed it to do. Pros Very easy to use as an excel add on. It means I can stay in Excel to do my analysis without opening other programs which saves time. I can try out ideas on my spreadsheet and create nice charts quickly. Cons Little explanation if the program does not work: you need to work it out by yourself. Also, it can be a bit slow sometimes. However, when it works, it is easy and simple. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. AB Arezki B. Principal Engineer Oil & Energy ### "struggling with NUMXL tools" 3.0 Overall Rating 3.0 3.0 Ease of Use 3.0 3.0 Features 2.0 2.0 Customer Service 1.0 1.0 Likelihood to Recommend 5/10 September 6, 2024 Up to now, I am struggling in using NUMXL functions and tools The #NUM! error is haunting me. Even when I use the Example files and try to reproduce the functions. Pros It has the tools I need for my project. Cons Most of the example files are not reachable. I don't like the support. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. MA Musah A. PhD Candidate Mining & Metals ### "Use of NumXL for geotechnical data analysis" 5.0 Overall Rating 5.0 5.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 0.0 0.0 Likelihood to Recommend 10/10 December 19, 2022 Pros It is user-friendly and has most of the statistical features. Cons The reporting format of the analysis needs to be improved Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Response from Vendor December 23, 2022 Thank you, Musah, for your review. I am curious to learn more about your suggestion for reporting format. Would you please elaborate? MB Mohammad B. Instructor Research ### "It will deliver!" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 0.0 0.0 Likelihood to Recommend 9/10 August 23, 2022 I used NumXL to make a DFT analysis in a previous research paper, which worked very well. I am trying to do another research project with DFT. Pros Convenient price, has DFT, works on MS Excel. Cons I had to search for the syntax for the DFT function for a long time. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Response from Vendor August 29, 2022 Thank you, Mohammad, I appreciate the feedback and will convey it to our engineers. LM Luis M. Director Transportation/Trucking/Railroad ### "Great customer support" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 8/10 August 18, 2021 Pros Very user friendly software, with very good features. The customer support is fabulous. Cons Sometimes in Sarima or Sarimax models the results need additional calibration. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Response from Vendor August 24, 2021 Thank you, Luis, I appreciate the feedback and will convey it to our engineers. CE Clive E. consultant Medical Practice ### "excellent" 5.0 Overall Rating 5.0 5.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 4.0 4.0 Likelihood to Recommend 7/10 May 21, 2021 quick review of models Pros explanation of methods used and ease of altering graphics Cons Correction of errors in data selection and choice of graphic displays Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Response from Vendor May 26, 2021 Thank you, Clive. I truly appreciate the feedback. MW Martyn W. Founding Principal Financial Services ### "NUMXL is the genuine article and delivered with first-class user support." 5.0 Overall Rating 5.0 5.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 December 1, 2020 Superb. Not only is the software leading edge, but our interactions with NUMXL staff have been excellent. We have been lucky enough to work with the owner, Mohamad, who not only has advised us about how to use their product most efficiently but has also helped us integrate NUMXL into our VBA scripts! Customer service from NUMXL is second-to-none and personalised in a way that the bigger players can't match. I'd rather deal with people I can speak to and build a strong working relationship than being a number to a large multi-national. Pros While NUMXL naturally presupposes an understanding of statistics, it is intuitive to use, accurate and powerful given it is native to Microsoft Excel. Competitor products tend to require the user to learn a whole new software language, e.g. Matlab, whereas NUMXL easily integrates into Excel; meaning that it is easy to deploy to all our staff and clients without the need for time-consuming training or changes in our modelling architecture. Cons Nothing. The product is first-class. While we would like to see more statistical functions that suit our individual purposes, NUMXL combined with Excel allows us to create formulae or even user-defined formulae and macros that suit our needs. If NUMXL could somehow make VBA multi-threaded, that would be great given we call NUMXL within VBA scripts. This is probably more a job for Microsoft, however. Switched from [MATLAB](https://www.capterra.com/p/125813/MATLAB/) While MATLAB is excellent, it required us to learn a completely new software language, rather than NUMXL that can build upon our VBA expertise. We also found it challenging to product plots of sufficient flexibility and professionalism, whereas being an Excel Add-In, NUMXL did not have such challenges. Other products also require a materially higher capital outlay and ongoing subscription than NUMXL. Alternatives considered [MATLAB](https://www.capterra.com/p/125813/MATLAB/) Reasons for choosing NumXL see above Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. TM Tony M. Senior Analyst Utilities ### "Excellent Time Series Forecasting Tool!" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 November 24, 2020 Excellent choice in software, easy to use! Pros NumXL is an excellent! It is easy to use and is well supported! There are plenty of tutorials and examples to assist you! Cons I have not found any downsides using this software. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Response from Vendor December 1, 2020 Thank you, Tony! [View all Reviews](https://www.capterra.com/p/150173/NumXL/reviews/) Independent research methodology Capterra's researchers use a mix of verified reviews, independent research and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or speak to an advisor, this has no influence on our research or methodology. [Learn more](https://www.capterra.com/resources/proprietary-data-research/) How Capterra verifies reviews Capterra carefully verified over 2.5 million+ reviews to bring you authentic software experiences from real users. Our human moderators verify that reviewers are real people and that reviews are authentic. They use leading tech to analyze text quality and to detect plagiarism and generative AI. [Learn more](https://www.capterra.com/resources/how-we-verify-reviews/) How Capterra ensures transparency Capterra lists all providers across its website—not just those that pay us—so that users can make informed purchase decisions. Capterra is free for users. Software providers pay us for sponsored profiles to receive web traffic and sales opportunities. Sponsored profiles include a link-out icon that takes users to the provider's website. [Learn more](https://www.capterra.com/resources/how-we-ensure-transparency/)