Growth Metrics

Noah Holdings (NOAH) Gross Margin (2016 - 2025)

Noah Holdings filings provide 10 years of Gross Margin readings, the most recent being 91.71% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 9170.0% to 91.71% in Q4 2025 year-over-year; TTM through Dec 2025 was 68.93%, a 2237.0% increase, with the full-year FY2025 number at 90.16%, up 9016.0% from a year prior.
  • Gross Margin hit 91.71% in Q4 2025 for Noah Holdings, up from 88.68% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 92.45% in Q3 2022 to a low of 0.0% in Q4 2024.
  • Median Gross Margin over the past 5 years was 88.39% (2023), compared with a mean of 66.84%.
  • Biggest five-year swings in Gross Margin: soared 9236bps in 2022 and later tumbled -8810bps in 2024.
  • Noah Holdings' Gross Margin stood at 88.9% in 2021, then fell by -6bps to 83.81% in 2022, then crashed by -100bps to 0.0% in 2023, then fell by -3bps to 0.0% in 2024, then surged by 2788195bps to 91.71% in 2025.
  • The last three reported values for Gross Margin were 91.71% (Q4 2025), 88.68% (Q3 2025), and 0.0% (Q2 2025) per Business Quant data.