National Research (NRC) Gross Margin (2016 - 2025)
National Research's Gross Margin history spans 16 years, with the latest figure at 60.4% for Q4 2025.
- For Q4 2025, Gross Margin fell 71.0% year-over-year to 60.4%; the TTM value through Dec 2025 reached 61.88%, up 168.0%, while the annual FY2025 figure was 61.88%, 168.0% up from the prior year.
- Gross Margin for Q4 2025 was 60.4% at National Research, down from 64.16% in the prior quarter.
- Across five years, Gross Margin topped out at 66.33% in Q1 2021 and bottomed at 57.27% in Q3 2024.
- The 5-year median for Gross Margin is 61.78% (2024), against an average of 62.28%.
- The largest annual shift saw Gross Margin plummeted -478bps in 2022 before it soared 688bps in 2025.
- A 5-year view of Gross Margin shows it stood at 63.01% in 2021, then rose by 1bps to 63.33% in 2022, then grew by 1bps to 63.7% in 2023, then fell by -4bps to 61.12% in 2024, then decreased by -1bps to 60.4% in 2025.
- Per Business Quant, the three most recent readings for NRC's Gross Margin are 60.4% (Q4 2025), 64.16% (Q3 2025), and 61.88% (Q2 2025).