Growth Metrics

Northann (NCL) Operating Margin (2022 - 2025)

Northann's Operating Margin history spans 4 years, with the latest figure at 42.11% for Q4 2025.

  • Quarterly results put Operating Margin at 42.11% for Q4 2025, up 7433.0% from a year ago — trailing twelve months through Dec 2025 was 84.22% (down 7332.0% YoY), and the annual figure for FY2025 was 84.22%, down 7332.0%.
  • Operating Margin for Q4 2025 was 42.11% at Northann, up from 246.94% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 113.42% in Q4 2022 to a low of 246.94% in Q3 2025.
  • The 4-year median for Operating Margin is 13.23% (2024), against an average of 32.92%.
  • The sharpest move saw Operating Margin soared 11007bps in 2024, then crashed -26858bps in 2025.
  • Year by year, Operating Margin stood at 113.42% in 2022, then crashed by -166bps to 75.22% in 2023, then skyrocketed by 57bps to 32.22% in 2024, then soared by 231bps to 42.11% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 42.11%, 246.94%, and 128.58% for Q4 2025, Q3 2025, and Q2 2025 respectively.