Northann (NCL) Cost of Revenue (2022 - 2026)

Northann's Cost of Revenue history runs 5 years deep, the most recent figure standing at $5.5 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 79.07% year-over-year to $5.5 million; the TTM figure through Mar 2026 stood at $10.1 million (down 11.51% YoY), while the FY2025 annual figure was $10.0 million, down 11.83% from the prior year.
• Cost of Revenue was $5.5 million for Q1 2026 at Northann, up from -$629046.0 in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $5.5 million in Q1 2026 to a low of -$7.4 million in Q4 2023.
• Historically, Cost of Revenue has averaged $1.7 million across 5 years, with a median of $2.6 million in 2022.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue sank 3348.56% in 2023, then jumped 1295.34% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $227447.0 in 2022, then tumbled by 3348.56% to -$7.4 million in 2023, then soared by 159.57% to $4.4 million in 2024, then slumped by 114.29% to -$629046.0 in 2025, then surged by 967.41% to $5.5 million in 2026.
• The last three Cost of Revenue figures came in at $5.5 million (Q1 2026), -$629046.0 (Q4 2025), and $5.0 million (Q3 2025), per Business Quant data.