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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 operating margin

Operating margin is operating income as a percentage of revenue.

Northann's operating margin for the twelve months ending Mar 31, 2026 was -77.6%. For fiscal 2025 it was -84.2%, against -10.9% the year before.

Annual operating margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 2025-84.2%−73.3
FY2024Dec 31, 2024-10.9%+23.2
FY2023Dec 31, 2023-34.1%−44.0
FY2022Dec 31, 20229.9%–

Quarterly operating margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q1 FY2026Mar 31, 2026-57.5%+17.4
Q4 FY2025Dec 31, 202542.1%+74.3
Q3 FY2025Sep 30, 2025-246.9%−268.6
Q2 FY2025Jun 30, 2025-128.6%−98.6
Q1 FY2025Mar 31, 2025-74.9%−82.0
Q4 FY2024Dec 31, 2024-32.2%+43.0
Q3 FY2024Sep 30, 202421.6%+110.1
Q2 FY2024Jun 30, 2024-30.0%−33.6
Q1 FY2024Mar 31, 20247.1%−7.3
Q4 FY2023Dec 31, 2023-75.2%−188.6
Q3 FY2023Sep 30, 2023-88.4%−101.5
Q2 FY2023Jun 30, 20233.6%–
Q1 FY2023Mar 31, 202314.5%–
Q4 FY2022Dec 31, 2022113.4%–
Q3 FY2022Sep 30, 202213.1%–

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