Noah Holdings (NOAH) Accumulated Expenses (2010 - 2025)

Noah Holdings has reported Accumulated Expenses for 16 years, with the latest figure at $6.5 million in Q4 2025.

• For the quarter ending Q4 2025, Accumulated Expenses fell 88.76% year-over-year to $6.5 million; the trailing twelve-month figure through Dec 2025 stood at $6.5 million (down 88.76% YoY), and the FY2025 full-year result was $6.6 million, down 88.41% from the prior year.
• Accumulated Expenses for Q4 2025 stood at $6.5 million, down from $48.6 million in the prior quarter.
• The five-year high for Accumulated Expenses was $148.0 million in Q4 2021, with the low at $6.5 million in Q4 2025.
• Historically, Accumulated Expenses has averaged $77.8 million across 5 years, with a median of $77.0 million in 2022.
• Annual changes were most pronounced in 2021 — Accumulated Expenses surged 589.42% — and 2025, when it slumped 88.76%.
• Noah Holdings' Accumulated Expenses 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 tumbled by 88.76% to $6.5 million in 2025.
• The last three Accumulated Expenses figures came in at $6.5 million (Q4 2025), $48.6 million (Q3 2025), and $45.3 million (Q2 2025), per Business Quant data.