Growth Metrics

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

Northann's quarterly Cost of Revenue came in at $5.5 million in Q1 2026, up 79.07% year-on-year from $3.0 million in Q1 2025, and up 967.41% quarter-over-quarter from -$629046.0 in Q4 2025.

Northann has reported Cost of Revenue for 5 years, with the latest figure at $5.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 79.07% year-over-year to $5.5 million; the trailing twelve-month figure through Mar 2026 stood at $10.1 million (down 11.51% YoY), and the FY2025 full-year result was $10.0 million, down 11.83% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $5.5 million, up from -$629046.0 in the prior quarter.
  • The five-year high for Cost of Revenue was $5.5 million in Q1 2026, with the low at -$7.4 million in Q4 2023.
  • Average Cost of Revenue over 5 years is $1.7 million, with a median of $2.6 million recorded in 2022.
  • Year-over-year, Cost of Revenue sank 3348.56% in 2023 and soared 1295.34% in 2025.
  • Tracing NCL's Cost of Revenue over 5 years: stood at $227447.0 in 2022, then slumped by 3348.56% to -$7.4 million in 2023, then jumped by 159.57% to $4.4 million in 2024, then sank by 114.29% to -$629046.0 in 2025, then soared 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 SharkNinja 15.77 Bn 15.77 Bn 694.97 Mn 315.34 Mn
2 Somnigroup International 14.16 Bn 14.05 Bn 776.90 Mn 428.50 Mn
3 Mohawk Industries 6.27 Bn 5.40 Bn 641.90 Mn 2.09 Bn
4 Patrick Industries 2.94 Bn 2.91 Bn 226.86 Mn 770.31 Mn
5 Whirlpool 2.57 Bn 1.93 Bn 415.00 Mn 2.86 Bn
6 Hni 2.21 Bn 2.13 Bn 499.90 Mn 847.60 Mn
7 Interface 1.69 Bn 1.63 Bn 126.72 Mn 204.31 Mn
8 La-Z-Boy 1.51 Bn 1.22 Bn 233.51 Mn 308.08 Mn
9 Leggett & Platt 1.40 Bn 885.79 Mn 170.70 Mn 747.50 Mn
10 Northann - - -494,653.00 5.46 Mn

Historic Data

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DateValue
Mar 31, 2026 5.46 Mn
Mar 31, 2026 5.46 Mn
Dec 31, 2025 -629,046.00
Dec 31, 2025 -629,046.00
Sep 30, 2025 6.36 Mn
Sep 30, 2025 6.36 Mn
Jun 30, 2025 2.62 Mn
Jun 30, 2025 2.62 Mn
Mar 31, 2025 3.05 Mn
Mar 31, 2025 3.05 Mn
Dec 31, 2024 506,828.00
Dec 31, 2024 506,828.00
Sep 30, 2024 159,368.00
Sep 30, 2024 159,368.00
Jun 30, 2024 187,062.00
Jun 30, 2024 187,062.00
Mar 31, 2024 218,375.00
Mar 31, 2024 218,375.00
Dec 31, 2023 619,795.00
Dec 31, 2023 619,795.00
Sep 30, 2023 193,236.00
Sep 30, 2023 193,236.00
Jun 30, 2023 3.64 Mn
Jun 30, 2023 3.64 Mn
Mar 31, 2023 1.48 Mn
Mar 31, 2023 1.48 Mn
Dec 31, 2022 14.38 Mn
Dec 31, 2022 14.38 Mn
Sep 30, 2022 2.62 Mn
Sep 30, 2022 2.62 Mn