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Northann Corp. (NCL) stock

NCLPlastics Products, NECFiscal year ends December 31
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on May 19, 2026Score 1/30
$0.16−0.01 (-4.16%)

Close on Jun 24, 2026Market cap $7.17MP/E –Yield –

Northann gross margin

Gross margin is gross profit as a percentage of revenue.

Northann's gross margin for the twelve months ending Mar 31, 2026 was 17.8%. For fiscal 2025 it was 26.3%, against 25.9% the year before.

Annual gross margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 202526.3%+0.4
FY2024Dec 31, 202425.9%+17.2
FY2023Dec 31, 20238.7%−18.8
FY2022Dec 31, 202227.5%–

Quarterly gross margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q1 FY2026Mar 31, 2026-10.0%−21.3
Q4 FY2025Dec 31, 2025112.8%+115.0
Q3 FY2025Sep 30, 2025-40.6%−104.3
Q2 FY2025Jun 30, 2025-53.6%−76.7
Q1 FY2025Mar 31, 202511.4%−22.2
Q4 FY2024Dec 31, 2024-2.2%−9.3
Q3 FY2024Sep 30, 202463.7%+122.1
Q2 FY2024Jun 30, 202423.2%+3.3
Q1 FY2024Mar 31, 202433.6%−12.1
Q4 FY2023Dec 31, 20237.2%−62.3
Q3 FY2023Sep 30, 2023-58.5%−110.7
Q2 FY2023Jun 30, 202319.9%–
Q1 FY2023Mar 31, 202345.7%–
Q4 FY2022Dec 31, 202269.5%–
Q3 FY2022Sep 30, 202252.3%–

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