Northann (NCL) Operating Expenses (2022 - 2026)

Northann's Operating Expenses history runs 5 years deep, the most recent figure standing at $2.4 million for Q1 2026.

• On a quarterly basis, Operating Expenses fell 20.52% year-over-year to $2.4 million in Q1 2026; TTM through Mar 2026 was $14.4 million, a 94.83% increase from a year earlier, with the FY2025 full-year figure at $15.0 million, up 165.88% from the prior year.
• Operating Expenses fell to $2.4 million in Q1 2026 per NCL's latest filing, from $3.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $7.3 million in Q3 2025 and bottomed at -$505664.0 in Q4 2022.
• The 5-year median for Operating Expenses is $1.3 million (2024), against an average of $2.0 million.
• Biggest YoY gain for Operating Expenses was 838.77% in 2023; the steepest drop was 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 plunged by 65.34% to $1.3 million in 2024, then jumped by 168.21% to $3.5 million in 2025, then slumped by 32.14% to $2.4 million in 2026.
• Per Business Quant, the three latest NCL Operating Expenses figures stand at $2.4 million (Q1 2026), $3.5 million (Q4 2025), and $7.3 million (Q3 2025).