Noah Holdings (NOAH) Accumulated Expenses (2009 - 2025)
Noah Holdings' (NOAH) quarterly Accumulated Expenses came in at $57.5 million in Q4 2025, little changed YoY from $57.5 million in Q4 2024, and up 18.15% on a QoQ basis from $48.6 million in Q3 2025.
Noah Holdings (NOAH) Accumulated Expenses (2009 - 2025) Analysis & Trends
Noah Holdings (NOAH) has 17 years of Accumulated Expenses data on file, last reported at $57.5 million in Q4 2025.
- Quarterly Accumulated Expenses changed 0.01% year-over-year to $57.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $57.5 million (changed 0.01% YoY) and the FY2025 annual result came in at $58.3 million, up 3.07% from the prior year.
- Accumulated Expenses grew to $57.5 million in Q4 2025, from $48.6 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $148.0 million in Q4 2021 to a low of $38.5 million in Q3 2024.
- A 5-year average of $80.4 million and a median of $77.0 million in 2022 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2021 — Accumulated Expenses surged 589.42% — and 2024, when it sank 48.46%.
- Tracing NOAH's Accumulated Expenses over 5 years: stood at $148.0 million in 2021, then slumped by 36.47% to $94.1 million in 2022, then fell by 16.7% to $78.3 million in 2023, then dropped by 26.66% to $57.5 million in 2024, then increased by 0.01% to $57.5 million in 2025.
- The last three Accumulated Expenses figures came in at $57.5 million (Q4 2025), $48.6 million (Q3 2025), and $45.3 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - |
| 10 | Noah Holdings | 616.63 Mn | -90.93 Mn | 96.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 57.46 Mn |
| Sep 30, 2025 | 48.64 Mn |
| Jun 30, 2025 | 45.32 Mn |
| Mar 31, 2025 | 58.21 Mn |
| Dec 31, 2024 | 57.46 Mn |
| Sep 30, 2024 | 38.52 Mn |
| Jun 30, 2024 | 47.69 Mn |
| Mar 31, 2024 | 81.14 Mn |
| Dec 31, 2023 | 78.35 Mn |
| Sep 30, 2023 | 74.73 Mn |
| Jun 30, 2023 | 77.51 Mn |
| Mar 31, 2023 | 107.87 Mn |
| Dec 31, 2022 | 94.06 Mn |
| Sep 30, 2022 | 76.40 Mn |
| Jun 30, 2022 | 92.40 Mn |
| Mar 31, 2022 | 138.87 Mn |
| Dec 31, 2021 | 148.05 Mn |
| Sep 30, 2021 | 79.84 Mn |
| Jun 30, 2021 | 76.16 Mn |
| Mar 31, 2021 | 128.82 Mn |