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

Northann (NCL) recorded quarterly Research & Development of $233754.0 in Q1 2026, down 78.42% quarter-over-quarter from $1.1 million in Q4 2025, and down 49.41% on a YoY basis from $462062.0 in Q1 2025.

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

Northann's Research & Development history runs 5 years deep, the most recent figure standing at $233754.0 for Q1 2026.

  • In Q1 2026, Research & Development fell 49.41% year-over-year to $233754.0; the TTM figure through Mar 2026 stood at $1.9 million (up 154.16% YoY), while the FY2025 annual figure was $2.1 million, up 166.91% from the prior year.
  • Research & Development was $233754.0 for Q1 2026 at Northann, down from $1.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $1.3 million in Q4 2023 to a low of -$488901.0 in Q4 2024.
  • Historically, Research & Development has averaged $370681.5 across 5 years, with a median of $300212.0 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Research & Development soared 660.11% in 2023, then slumped 137.9% in 2024.
  • A 5-year view of Research & Development shows it stood at $169688.0 in 2022, then jumped by 660.11% to $1.3 million in 2023, then plunged by 137.9% to -$488901.0 in 2024, then surged by 321.53% to $1.1 million in 2025, then sank 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 18.88 Bn 18.88 Bn 694.97 Mn 98.88 Mn
2 Somnigroup International 15.17 Bn 15.07 Bn 776.90 Mn -
3 Mohawk Industries 6.64 Bn 5.77 Bn 641.90 Mn -
4 Alliance Laundry Holdings 5.06 Bn 4.90 Bn 157.19 Mn -
5 Whirlpool 2.56 Bn 1.92 Bn 415.00 Mn -
6 Hni 2.43 Bn 2.35 Bn 499.90 Mn -
7 Interface 1.85 Bn 1.79 Bn 126.72 Mn -
8 La-Z-Boy 1.58 Bn 1.29 Bn 233.51 Mn -
9 Leggett & Platt 1.48 Bn 969.37 Mn 170.70 Mn -
10 Northann - - -494,653.00 233,754.00

Historic Data

Download Data
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