Growth Metrics

National Research (NRC) Operating Expenses (2016 - 2025)

National Research (NRC) has disclosed Operating Expenses for 16 consecutive years, with $30.5 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 11.74% to $30.5 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $114.8 million through Dec 2025, up 6.43% year-over-year, with the annual reading at $114.8 million for FY2025, 6.43% up from the prior year.
  • Operating Expenses hit $30.5 million in Q4 2025 for National Research, up from $26.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $32.4 million in Q2 2025 to a low of $23.4 million in Q1 2021.
  • Historically, Operating Expenses has averaged $26.7 million across 5 years, with a median of $26.6 million in 2022.
  • Biggest YoY gain for Operating Expenses was 24.06% in 2025; the steepest drop was 6.02% in 2025.
  • Year by year, Operating Expenses stood at $25.4 million in 2021, then grew by 1.88% to $25.9 million in 2022, then increased by 1.51% to $26.3 million in 2023, then rose by 3.9% to $27.3 million in 2024, then rose by 11.74% to $30.5 million in 2025.
  • Business Quant data shows Operating Expenses for NRC at $30.5 million in Q4 2025, $26.9 million in Q3 2025, and $32.4 million in Q2 2025.