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Northann (NCL) Operating Expenses (2022 - 2025)

Northann's Operating Expenses history spans 4 years, with the latest figure at $3.5 million for Q4 2025.

  • Quarterly results put Operating Expenses at $3.5 million for Q4 2025, up 168.21% from a year ago — trailing twelve months through Dec 2025 was $15.0 million (up 165.88% YoY), and the annual figure for FY2025 was $15.0 million, up 165.88%.
  • Operating Expenses for Q4 2025 was $3.5 million at Northann, down from $7.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $7.3 million in Q3 2025 to a low of -$505664.0 in Q4 2022.
  • The 4-year median for Operating Expenses is $1.3 million (2024), against an average of $2.0 million.
  • Peak annual rise in Operating Expenses hit 838.77% in 2023, while the deepest fall reached 69.86% in 2023.
  • Year by year, Operating Expenses stood at -$505664.0 in 2022, then soared by 838.77% to $3.7 million in 2023, then plummeted by 65.34% to $1.3 million in 2024, then skyrocketed by 168.21% to $3.5 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $3.5 million, $7.3 million, and $1.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.