Growth Metrics

Northann (NCL) Cost of Revenue (2022 - 2025)

Northann (NCL) has 3 years of Cost of Revenue data on record, last reported at $5.0 million in Q3 2025.

  • For Q3 2025, Cost of Revenue rose 436.75% year-over-year to $5.0 million; the TTM value through Sep 2025 reached $10.4 million, up 271.62%, while the annual FY2024 figure was $1.1 million, 7.5% down from the prior year.
  • Cost of Revenue reached $5.0 million in Q3 2025 per NCL's latest filing, up from $2.6 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $5.0 million in Q3 2025 and bottomed at -$7.4 million in Q4 2023.
  • Average Cost of Revenue over 3 years is $790662.6, with a median of $573688.5 recorded in 2024.
  • Peak YoY movement for Cost of Revenue: plummeted 72.86% in 2024, then surged 1300.62% in 2025.
  • A 3-year view of Cost of Revenue shows it stood at -$7.4 million in 2023, then soared by 96.44% to -$262806.0 in 2024, then skyrocketed by 1997.37% to $5.0 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $5.0 million in Q3 2025, $2.6 million in Q2 2025, and $3.0 million in Q1 2025.