Noah Holdings (NOAH) Cost of Revenue (2020 - 2025)
Noah Holdings (NOAH) recorded Cost of Revenue of $211.12 million in the year ended Dec 31, 2025, up 4.1% from $202.72 million a year earlier.
Powered by 
Analysis
Noah Holdings (NOAH) Cost of Revenue (2020 - 2025) Analysis & Trends
Starting with the year ended Dec 31, 2009, Noah Holdings' Cost of Revenue history includes 14 years.
- Annual Cost of Revenue has a five-year compound annual growth rate of -4.7% (years ended Dec 2020 to Dec 2025).
- Annual Cost of Revenue has ranged from $202.72 million in the year ended Dec 31, 2024 to $407.76 million in the year ended Dec 31, 2021 over the past five years.
- Per Business Quant data, NOAH's Cost of Revenue was $202.72 million in the year ended Dec 31, 2024 (-30.4%), $291.18 million in the year ended Dec 31, 2023 (+11.9%), $260.12 million in the year ended Dec 31, 2022 (-36.2%) and $407.76 million in the year ended Dec 31, 2021 (+51.5%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | - |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | - |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | - |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | 14.94 Bn |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | - |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | - |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 594.00 Mn |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 241.35 Mn |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | 45.90 Mn |
| 10 | Noah Holdings | 523.67 Mn | -2.34 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 87.73 Mn |
| Dec 31, 2024 | 90.11 Mn |
| Jun 30, 2024 | 85.39 Mn |
| Dec 31, 2023 | 113.88 Mn |
| Mar 31, 2021 | 189.88 Mn |
| Mar 31, 2020 | 105.95 Mn |
API Access
Noah Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NOAH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NOAH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NOAH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();