Northann (NCL) Operating Income (2022 - 2026)
Northann (NCL) recorded quarterly Operating Income of -$2.9 million in Q1 2026, down 237.86% quarter-over-quarter from $2.1 million in Q4 2025, and down 10.75% on a YoY basis from -$3.2 million in Q1 2025.
Northann (NCL) Operating Income (2022 - 2026) Analysis & Trends
Northann's Operating Income history runs 5 years deep, the most recent figure standing at -$2.9 million for Q1 2026.
- In Q1 2026, Operating Income fell 10.75% year-over-year to -$2.9 million; the TTM figure through Mar 2026 stood at -$11.7 million (down 156.35% YoY), while the FY2025 annual figure was -$11.5 million, down 584.33% from the prior year.
- Operating Income was -$2.9 million for Q1 2026 at Northann, down from $2.1 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $2.1 million in Q4 2025 to a low of -$8.8 million in Q3 2025.
- Historically, Operating Income has averaged -$1.2 million across 5 years, with a median of -$1.2 million in 2024.
- Biggest YoY gain for Operating Income was 249.0% in 2025; the steepest drop was 1681.88% in 2025.
- A 5-year view of Operating Income shows it stood at $1.3 million in 2022, then sank by 361.42% to -$3.4 million in 2023, then soared by 59.3% to -$1.4 million in 2024, then surged by 249.0% to $2.1 million in 2025, then sank by 237.86% to -$2.9 million in 2026.
- The last three Operating Income figures came in at -$2.9 million (Q1 2026), $2.1 million (Q4 2025), and -$8.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.88 Bn | 18.88 Bn | 694.97 Mn | 164.53 Mn |
| 2 | Somnigroup International | 15.17 Bn | 15.07 Bn | 776.90 Mn | 187.10 Mn |
| 3 | Mohawk Industries | 6.64 Bn | 5.77 Bn | 641.90 Mn | 111.80 Mn |
| 4 | Alliance Laundry Holdings | 5.06 Bn | 4.90 Bn | 157.19 Mn | 83.81 Mn |
| 5 | Whirlpool | 2.56 Bn | 1.92 Bn | 415.00 Mn | 18.00 Mn |
| 6 | Hni | 2.43 Bn | 2.35 Bn | 499.90 Mn | -36.40 Mn |
| 7 | Interface | 1.85 Bn | 1.79 Bn | 126.72 Mn | 32.33 Mn |
| 8 | La-Z-Boy | 1.58 Bn | 1.29 Bn | 233.51 Mn | 29.81 Mn |
| 9 | Leggett & Platt | 1.48 Bn | 969.37 Mn | 170.70 Mn | 44.50 Mn |
| 10 | Northann | - | - | -494,653.00 | -2.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.85 Mn |
| Dec 31, 2025 | 2.07 Mn |
| Sep 30, 2025 | -8.76 Mn |
| Jun 30, 2025 | -2.19 Mn |
| Mar 31, 2025 | -2.57 Mn |
| Dec 31, 2024 | -1.39 Mn |
| Sep 30, 2024 | 553,465.00 |
| Jun 30, 2024 | -1.17 Mn |
| Mar 31, 2024 | 327,981.00 |
| Dec 31, 2023 | -3.41 Mn |
| Sep 30, 2023 | -1.91 Mn |
| Jun 30, 2023 | 161,516.00 |
| Mar 31, 2023 | 396,112.00 |
| Dec 31, 2022 | 1.30 Mn |
| Sep 30, 2022 | 717,706.00 |