Noah Holdings (NOAH) Operating Income (2016 - 2026)
Noah Holdings' (NOAH) quarterly Operating Income came in at $31.8 million in Q2 2026, up 41.5% on a YoY basis from $22.5 million in Q2 2025, and down 7.2% quarter-over-quarter from $34.3 million in Q1 2026.
Analysis
Noah Holdings (NOAH) Operating Income (2016 - 2026) Analysis & Trends
Noah Holdings (NOAH) has reported Operating Income for 11 consecutive years, with $31.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Income rose 41.5% year-over-year to $31.8 million; the trailing twelve-month figure through Jun 2026 stood at $127.1 million (up 25.49% YoY), and the FY2025 full-year result was $111.1 million, up 27.89% from the prior year.
- Operating Income declined to $31.8 million in Q2 2026 per NOAH's latest filing, from $34.3 million in the prior quarter.
- Across five years, Operating Income topped out at $49.5 million in Q1 2022 and bottomed at $16.8 million in Q1 2024.
- Historically, Operating Income has averaged $32.2 million across 5 years, with a median of $32.2 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Income slumped 61.73% in 2024, then soared 95.55% in 2025.
- Over 5 years, Operating Income stood at $31.9 million in 2022, then decreased by 2.42% to $31.1 million in 2023, then sank by 39.38% to $18.8 million in 2024, then jumped by 95.55% to $36.9 million in 2025, then decreased by 13.7% to $31.8 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $31.8 million, $34.3 million, and $36.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.84 Bn | 152.97 Bn | - | 2.46 Bn |
| 2 | Spdr Gold Trust | 146.01 Bn | -412.00 Bn | - | -149.76 Mn |
| 3 | Ishares Gold Trust | 30.54 Bn | -29.57 Bn | - | -43.37 Mn |
| 4 | World Gold Trust | 29.53 Bn | -73.54 Bn | - | -7.55 Mn |
| 5 | Principal Financial | 24.58 Bn | -28.39 Bn | 1.91 Bn | 1.30 Bn |
| 6 | iShares Silver Trust | 22.65 Bn | -5.56 Bn | - | -44.44 Mn |
| 7 | Franklin Resources | 17.60 Bn | 13.88 Bn | - | 215.80 Mn |
| 8 | Invesco | 14.52 Bn | 13.60 Bn | 1.79 Bn | 364.20 Mn |
| 9 | Affiliated Managers | 9.42 Bn | 9.01 Bn | - | - |
| 10 | Noah Holdings | 573.39 Mn | -165.96 Mn | 82.80 Mn | 31.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.81 Mn |
| Mar 31, 2026 | 34.27 Mn |
| Dec 31, 2025 | 36.86 Mn |
| Sep 30, 2025 | 24.15 Mn |
| Jun 30, 2025 | 22.48 Mn |
| Mar 31, 2025 | 25.63 Mn |
| Dec 31, 2024 | 18.85 Mn |
| Sep 30, 2024 | 34.32 Mn |
| Jun 30, 2024 | 18.44 Mn |
| Mar 31, 2024 | 16.83 Mn |
| Dec 31, 2023 | 31.09 Mn |
| Sep 30, 2023 | 34.11 Mn |
| Jun 30, 2023 | 48.19 Mn |
| Mar 31, 2023 | 40.61 Mn |
| Dec 31, 2022 | 31.86 Mn |
| Sep 30, 2022 | 32.58 Mn |
| Jun 30, 2022 | 48.24 Mn |
| Mar 31, 2022 | 49.50 Mn |
| Dec 31, 2021 | 20.76 Mn |
| Sep 30, 2021 | 35.52 Mn |