Growth Metrics

Northann (NCL) Research & Development (2022 - 2026)

Northann's quarterly Research & Development came in at $233754.0 in Q1 2026, down 49.41% year-on-year from $462062.0 in Q1 2025, and down 78.42% quarter-over-quarter from $1.1 million in Q4 2025.

Northann has reported Research & Development for 5 years, with the latest figure at $233754.0 in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 49.41% year-over-year to $233754.0; the trailing twelve-month figure through Mar 2026 stood at $1.9 million (up 154.16% YoY), and the FY2025 full-year result was $2.1 million, up 166.91% from the prior year.
  • Research & Development for Q1 2026 stood at $233754.0, down from $1.1 million in the prior quarter.
  • The five-year high for Research & Development was $1.3 million in Q4 2023, with the low at -$488901.0 in Q4 2024.
  • Average Research & Development over 5 years is $370681.5, with a median of $300212.0 recorded in 2023.
  • Year-over-year, Research & Development surged 660.11% in 2023 and slumped 137.9% in 2024.
  • Tracing NCL's Research & Development over 5 years: stood at $169688.0 in 2022, then surged by 660.11% to $1.3 million in 2023, then tumbled by 137.9% to -$488901.0 in 2024, then soared by 321.53% to $1.1 million in 2025, then plunged by 78.42% to $233754.0 in 2026.
  • The last three Research & Development figures came in at $233754.0 (Q1 2026), $1.1 million (Q4 2025), and $289545.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 SharkNinja 15.77 Bn 15.77 Bn 694.97 Mn 98.88 Mn
2 Somnigroup International 14.16 Bn 14.05 Bn 776.90 Mn -
3 Mohawk Industries 6.27 Bn 5.40 Bn 641.90 Mn -
4 Patrick Industries 2.94 Bn 2.91 Bn 226.86 Mn -
5 Whirlpool 2.57 Bn 1.93 Bn 415.00 Mn -
6 Hni 2.21 Bn 2.13 Bn 499.90 Mn -
7 Interface 1.69 Bn 1.63 Bn 126.72 Mn -
8 La-Z-Boy 1.51 Bn 1.22 Bn 233.51 Mn -
9 Leggett & Platt 1.40 Bn 885.79 Mn 170.70 Mn -
10 Northann - - -494,653.00 233,754.00

Historic Data

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DateValue
Mar 31, 2026 233,754.00
Dec 31, 2025 1.08 Mn
Sep 30, 2025 289,545.00
Jun 30, 2025 256,176.00
Mar 31, 2025 462,062.00
Dec 31, 2024 -488,901.00
Sep 30, 2024 340,072.00
Jun 30, 2024 419,588.00
Mar 31, 2024 512,597.00
Dec 31, 2023 1.29 Mn
Sep 30, 2023 99,161.00
Jun 30, 2023 210,104.00
Mar 31, 2023 300,212.00
Dec 31, 2022 169,688.00
Sep 30, 2022 383,289.00