Northann (NCL) Operating Expenses (2022 - 2026)
Northann (NCL) posted quarterly Operating Expenses of $2.4 million for Q1 2026, down 20.52% year-over-year from $3.0 million in Q1 2025, and down 32.14% quarter-over-quarter from $3.5 million in Q4 2025.
Northann (NCL) Operating Expenses (2022 - 2026) Analysis & Trends
Northann's Operating Expenses history runs 5 years deep, the most recent figure standing at $2.4 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 20.52% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $14.4 million (up 94.83% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Expenses is $1.3 million (2024), against an average of $2.0 million.
- Peak annual rise in Operating Expenses reached 838.77% in 2023, while the deepest fall reached 69.86% in 2023.
- Northann's Operating Expenses stood at -$505664.0 in 2022, then surged by 838.77% to $3.7 million in 2023, then sank by 65.34% to $1.3 million in 2024, then soared by 168.21% to $3.5 million in 2025, then tumbled by 32.14% to $2.4 million in 2026.
- Business Quant data shows NCL's Operating Expenses at $2.4 million in Q1 2026, $3.5 million in Q4 2025, and $7.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.62 Bn | 24.84 Bn | 860.34 Mn | 680.96 Mn |
| 2 | Somnigroup International | 13.66 Bn | 13.55 Bn | 817.20 Mn | 453.50 Mn |
| 3 | Mohawk Industries | 8.27 Bn | 7.42 Bn | 795.10 Mn | 541.40 Mn |
| 4 | Alliance Laundry Holdings | 4.66 Bn | 4.48 Bn | 189.90 Mn | 84.25 Mn |
| 5 | Hni | 3.53 Bn | 3.42 Bn | 647.20 Mn | 550.90 Mn |
| 6 | Whirlpool | 2.64 Bn | 1.40 Bn | 442.00 Mn | 412.00 Mn |
| 7 | Interface | 2.25 Bn | 2.17 Bn | 178.08 Mn | 103.17 Mn |
| 8 | Millerknoll | 1.58 Bn | 1.41 Bn | 395.60 Mn | 344.20 Mn |
| 9 | MasterBrand | 1.40 Bn | 1.16 Bn | 205.50 Mn | 225.90 Mn |
| 10 | Northann | 8.60 Mn | 8.36 Mn | -494,653.00 | 2.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.36 Mn |
| Dec 31, 2025 | 3.47 Mn |
| Sep 30, 2025 | 7.31 Mn |
| Jun 30, 2025 | 1.28 Mn |
| Mar 31, 2025 | 2.97 Mn |
| Dec 31, 2024 | 1.29 Mn |
| Sep 30, 2024 | 1.08 Mn |
| Jun 30, 2024 | 2.07 Mn |
| Mar 31, 2024 | 1.22 Mn |
| Dec 31, 2023 | 3.74 Mn |
| Sep 30, 2023 | 647,299.00 |
| Jun 30, 2023 | 741,248.00 |
| Mar 31, 2023 | 853,830.00 |
| Dec 31, 2022 | -505,664.00 |
| Sep 30, 2022 | 2.15 Mn |