Northann (NCL) Cost of Revenue (2022 - 2026)
Northann's (NCL) quarterly Cost of Revenue came in at $5.5 million in Q1 2026, up 433.9% year-on-year from $1.0 million in Q1 2025, and up 967.41% quarter-over-quarter from -$629046.0 in Q4 2025.
Northann (NCL) Cost of Revenue (2022 - 2026) Analysis & Trends
Northann's Cost of Revenue history runs 5 years deep, the most recent figure standing at $5.5 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 433.9% year-over-year to $5.5 million in Q1 2026; TTM through Mar 2026 was $11.4 million, a 509.69% increase from a year earlier, with the FY2025 full-year figure at $10.0 million, up 835.44% from the prior year.
- Cost of Revenue improved to $5.5 million in Q1 2026 per NCL's latest filing, from -$629046.0 in the prior quarter.
- Across five years, Cost of Revenue topped out at $6.4 million in Q3 2025 and bottomed at -$629046.0 in Q4 2025.
- The 5-year median for Cost of Revenue is $506828.0 (2024), against an average of $1.6 million.
- Biggest YoY gain for Cost of Revenue was 3892.21% in 2025; the steepest drop was 224.11% in 2025.
- Year by year, Cost of Revenue stood at $227447.0 in 2022, then jumped by 172.5% to $619795.0 in 2023, then declined by 18.23% to $506828.0 in 2024, then tumbled by 224.11% to -$629046.0 in 2025, then surged by 967.41% to $5.5 million in 2026.
- Per Business Quant, the three latest NCL Cost of Revenue figures stand at $5.5 million (Q1 2026), -$629046.0 (Q4 2025), and $6.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 21.64 Bn | 21.13 Bn | 694.97 Mn | 717.84 Mn |
| 2 | Somnigroup International | 15.32 Bn | 15.21 Bn | 776.90 Mn | 1.02 Bn |
| 3 | Mohawk Industries | 7.12 Bn | 6.25 Bn | 641.90 Mn | 2.09 Bn |
| 4 | Alliance Laundry Holdings | 5.18 Bn | 5.04 Bn | 157.19 Mn | 259.46 Mn |
| 5 | Hni | 3.09 Bn | 3.01 Bn | 499.90 Mn | 847.60 Mn |
| 6 | Whirlpool | 2.24 Bn | 1.62 Bn | 415.00 Mn | 2.86 Bn |
| 7 | Interface | 1.96 Bn | 1.90 Bn | 126.72 Mn | 204.31 Mn |
| 8 | La-Z-Boy | 1.66 Bn | 1.36 Bn | 262.76 Mn | 307.58 Mn |
| 9 | Millerknoll | 1.56 Bn | 1.39 Bn | 395.60 Mn | 608.60 Mn |
| 10 | Northann | 399,999.99 | 160,358.99 | -494,653.00 | 5.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 243,479.00 |
| Jun 30, 2025 | 243,479.00 |
| Mar 31, 2025 | 1.02 Mn |
| Mar 31, 2025 | 1.02 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 | 3.05 Mn |
| Mar 31, 2024 | 3.05 Mn |
| Dec 31, 2023 | 619,795.00 |
| Dec 31, 2023 | 619,795.00 |