Northann (NCL) Research & Development (2022 - 2026)
Northann's (NCL) 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 (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.
- On a quarterly basis, Research & Development fell 49.41% year-over-year to $233754.0 in Q1 2026; TTM through Mar 2026 was $1.9 million, a 154.16% increase from a year earlier, with the FY2025 full-year figure at $2.1 million, up 166.91% from the prior year.
- Research & Development fell to $233754.0 in Q1 2026 per NCL's latest filing, from $1.1 million in the prior quarter.
- Across five years, Research & Development topped out at $1.3 million in Q4 2023 and bottomed at -$488901.0 in Q4 2024.
- The 5-year median for Research & Development is $300212.0 (2023), against an average of $370681.5.
- Across the five-year window, Research & Development surged 660.11% in 2023 and slumped 137.9% in 2024, its largest moves.
- Year by year, Research & Development stood at $169688.0 in 2022, then jumped by 660.11% to $1.3 million in 2023, then slumped by 137.9% to -$488901.0 in 2024, then surged by 321.53% to $1.1 million in 2025, then tumbled by 78.42% to $233754.0 in 2026.
- Per Business Quant, the three latest NCL Research & Development figures stand at $233754.0 (Q1 2026), $1.1 million (Q4 2025), and $289545.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 98.88 Mn |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 428.50 Mn |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | - |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | - |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | - |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | - |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | - |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | - |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 35.40 Mn |
| 10 | Northann | 399,999.99 | 160,358.99 | -494,653.00 | 233,754.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |