Noah Holdings NOAH
NYSE NOAH
$8.22 -0.07 (-0.84%)
As of: Sep 9, 2026 · 3:59 PM EDT

Noah Holdings (NOAH) Gross Margin (2016 - 2026)

Noah Holdings' (NOAH) quarterly Gross Margin came in at 90.63% in Q2 2026, up 9063.0% on a YoY basis from 0.99% in Q2 2025, and down 3.4% quarter-over-quarter from 93.82% in Q1 2026.

Analysis

Noah Holdings (NOAH) Gross Margin (2016 - 2026) Analysis & Trends

Noah Holdings (NOAH) has reported Gross Margin for 11 consecutive years, with 90.63% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 9063.0% year-over-year to 90.63%; the trailing twelve-month figure through Jun 2026 stood at 91.24% (up 4564.0% YoY), and the FY2025 full-year result was 88.26%, up 8826.0% from the prior year.
  • Gross Margin declined to 90.63% in Q2 2026 per NOAH's latest filing, from 93.82% in the prior quarter.
  • Across five years, Gross Margin topped out at 93.82% in Q1 2026 and bottomed at 0.0% in Q4 2024.
  • Historically, Gross Margin has averaged 70.06% across 5 years, with a median of 89.66% in 2025.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin surged 9236 bps in 2022, then plunged 9122 bps in 2024.
  • Over 5 years, Gross Margin stood at 83.81% in 2022, then sank by 100 bps to 0.0% in 2023, then fell by 3 bps to 0.0% in 2024, then surged by 2788195 bps to 91.71% in 2025, then declined by 1 bps to 90.63% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 90.63%, 93.82%, and 91.71% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 BlackRock 173.88 Bn 160.24 Bn - -
2 Spdr Gold Trust 143.21 Bn -414.80 Bn - -
3 World Gold Trust 30.03 Bn -73.04 Bn - -
4 Ishares Gold Trust 27.84 Bn -32.27 Bn - -
5 Principal Financial 25.04 Bn -27.21 Bn 1.91 Bn 49.00%
6 iShares Silver Trust 23.18 Bn -5.03 Bn - -
7 Franklin Resources 17.63 Bn 15.39 Bn - -
8 Invesco 14.60 Bn 14.32 Bn 1.79 Bn 97.99%
9 Affiliated Managers 9.57 Bn 10.05 Bn - -
10 Noah Holdings 567.26 Mn -148.70 Mn 82.80 Mn 90.63%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 90.63%
Mar 31, 2026 93.82%
Dec 31, 2025 91.71%
Sep 30, 2025 88.68%
Jun 30, 2025 0.00%
Mar 31, 2025 91.69%
Dec 31, 2024 0.00%
Sep 30, 2024 88.47%
Jun 30, 2024 0.00%
Mar 31, 2024 91.28%
Dec 31, 2023 0.00%
Sep 30, 2023 84.77%
Jun 30, 2023 91.22%
Mar 31, 2023 88.31%
Dec 31, 2022 83.81%
Sep 30, 2022 92.45%
Jun 30, 2022 91.90%
Mar 31, 2022 92.36%
Dec 31, 2021 88.90%
Sep 30, 2021 87.42%