Northann (NCL) Net Margin (2022 - 2026)
Northann's (NCL) quarterly Net Margin came in at 58.35% in Q1 2026, up 1817.0% year-on-year from 3.04% in Q1 2025, and down 242.07% quarter-over-quarter from 41.07% in Q4 2025.
Northann (NCL) Net Margin (2022 - 2026) Analysis & Trends
Northann's Net Margin history runs 5 years deep, the most recent figure standing at 58.35% for Q1 2026.
- On a quarterly basis, Net Margin rose 1817.0% year-over-year to 58.35% in Q1 2026; TTM through Mar 2026 was 78.93%, a 2911.0% decrease from a year earlier, with the FY2025 full-year figure at 85.83%, down 5730.0% from the prior year.
- Net Margin eased to 58.35% in Q1 2026 per NCL's latest filing, from 41.07% in the prior quarter.
- Across five years, Net Margin topped out at 60.41% in Q4 2022 and bottomed at 248.19% in Q3 2025.
- The 5-year median for Net Margin is 25.65% (2024), against an average of 48.45%.
- Across the five-year window, Net Margin jumped 15466 bps in 2024 and plunged 26760 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 60.41% in 2022, then tumbled by 235 bps to 81.58% in 2023, then declined by 12 bps to 91.44% in 2024, then jumped by 145 bps to 41.07% in 2025, then tumbled by 242 bps to 58.35% in 2026.
- Per Business Quant, the three latest NCL Net Margin figures stand at 58.35% (Q1 2026), 41.07% (Q4 2025), and 248.19% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 21.64 Bn | 21.13 Bn | 694.97 Mn | 8.60% |
| 2 | Somnigroup International | 15.32 Bn | 15.21 Bn | 776.90 Mn | 5.77% |
| 3 | Mohawk Industries | 7.12 Bn | 6.25 Bn | 641.90 Mn | 4.29% |
| 4 | Alliance Laundry Holdings | 5.18 Bn | 5.04 Bn | 157.19 Mn | 13.33% |
| 5 | Hni | 3.09 Bn | 3.01 Bn | 499.90 Mn | -2.88% |
| 6 | Whirlpool | 2.24 Bn | 1.62 Bn | 415.00 Mn | -2.60% |
| 7 | Interface | 1.96 Bn | 1.90 Bn | 126.72 Mn | 7.13% |
| 8 | La-Z-Boy | 1.66 Bn | 1.36 Bn | 262.76 Mn | 5.93% |
| 9 | Millerknoll | 1.56 Bn | 1.39 Bn | 395.60 Mn | 2.58% |
| 10 | Northann | 399,999.99 | 160,358.99 | -494,653.00 | -58.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -58.35% |
| Dec 31, 2025 | 41.07% |
| Sep 30, 2025 | -248.19% |
| Jun 30, 2025 | -132.55% |
| Mar 31, 2025 | -76.53% |
| Dec 31, 2024 | -91.44% |
| Sep 30, 2024 | 19.42% |
| Jun 30, 2024 | -25.65% |
| Mar 31, 2024 | 1.31% |
| Dec 31, 2023 | -81.58% |
| Sep 30, 2023 | -135.24% |
| Jun 30, 2023 | -15.35% |
| Mar 31, 2023 | 6.78% |
| Dec 31, 2022 | 60.41% |
| Sep 30, 2022 | 9.11% |