Northann (NCL) Operating Expenses (2022 - 2026)

Northann has reported Operating Expenses for 5 years, with the latest figure at $2.4 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 20.52% year-over-year to $2.4 million; the trailing twelve-month figure through Mar 2026 stood at $14.4 million (up 94.83% YoY), and the FY2025 full-year result was $15.0 million, up 165.88% from the prior year.
• Operating Expenses for Q1 2026 stood at $2.4 million, down from $3.5 million in the prior quarter.
• The five-year high for Operating Expenses was $7.3 million in Q3 2025, with the low at -$505664.0 in Q4 2022.
• Average Operating Expenses over 5 years is $2.0 million, with a median of $1.3 million recorded in 2024.
• Peak annual rise in Operating Expenses reached 838.77% in 2023, while the deepest fall reached 69.86% in 2023.
• Tracing NCL's Operating Expenses over 5 years: stood at -$505664.0 in 2022, then jumped by 838.77% to $3.7 million in 2023, then sank by 65.34% to $1.3 million in 2024, then surged by 168.21% to $3.5 million in 2025, then tumbled by 32.14% to $2.4 million in 2026.
• The last three Operating Expenses figures came in at $2.4 million (Q1 2026), $3.5 million (Q4 2025), and $7.3 million (Q3 2025), per Business Quant data.

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