Income Statement - NOAH HOLDINGS LTD (NOAH)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,610.24 | 2,600.98 | 3,294.70 | 3,100.37 | 4,293.09 | 3,305.83 | 3,391.81 | 3,289.61 | 2,826.91 | 2,513.57 | 2,119.93 | 1,528.48 | 1,005.98 | 541.14 | 453.55 | 251.13 | 99.44 | 57.17 | 23.45 |
| Cost of revenue | 1,216.55 | 1,349.45 | 1,456.75 | 1,441.88 | 2,168.88 | 699.41 | 1,610.77 | 1,564.19 | 1,407.37 | 1,300.41 | 1,164.49 | 737.46 | 448.74 | 264.50 | 93.05 | 43.58 | 17.13 | 8.39 | 1.86 |
| Gross profit | 1,393.69 | 1,251.53 | 1,837.94 | 1,658.49 | 2,124.21 | 2,606.41 | 1,781.04 | 1,725.42 | 1,419.54 | 1,213.17 | 955.44 | 791.02 | 557.24 | 276.64 | 360.49 | 207.55 | 82.31 | 48.78 | 21.59 |
| Total operating expenses | 617.02 | 617.64 | 740.03 | 570.04 | 925.32 | 1,347.94 | 866.08 | 798.89 | 642.50 | 545.88 | 396.66 | 237.92 | 185.02 | 115.32 | 202.73 | 103.52 | 50.34 | 37.99 | 15.34 |
| Operating income | 776.66 | 633.89 | 1,097.92 | 1,088.45 | 1,198.90 | 1,258.48 | 914.97 | 926.52 | 777.03 | 667.29 | 558.78 | 553.10 | 372.22 | 161.32 | 157.76 | 104.03 | 31.97 | 10.80 | 6.24 |
| Non-operating income (net) | 78.37 | 121.71 | 165.46 | 150.25 | 401.12 | -1,743.54 | 168.82 | 85.07 | 91.78 | 88.60 | 97.41 | 62.08 | 53.61 | 37.72 | 41.92 | 4.38 | -2.70 | -9.16 | 0.48 |
| Income before tax | 855.03 | 755.60 | 1,263.38 | 1,238.70 | 1,600.02 | -485.06 | 1,083.78 | 1,011.60 | 868.81 | 755.89 | 656.19 | 615.18 | 425.83 | 199.04 | 199.68 | 108.41 | 29.27 | 1.64 | 6.73 |
| Income tax expense | 297.81 | 268.59 | 262.36 | 267.11 | 293.94 | 258.46 | 220.03 | 222.32 | 199.09 | 158.00 | 129.89 | 151.29 | 100.08 | 56.05 | 48.89 | 31.77 | 4.36 | 4.38 | 4.20 |
| Net income | 558.86 | 475.45 | 1,009.49 | 976.57 | 1,314.13 | -745.23 | 829.15 | 811.30 | 762.92 | 643.83 | 535.83 | 446.55 | 315.93 | 142.48 | 150.65 | 76.48 | 24.91 | -2.74 | 2.53 |
Show Quarterly Income Statement
Income Statement - NOAH HOLDINGS LTD (NOAH)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 625.75 | 726.84 | 632.90 | 629.50 | 614.59 | 651.91 | 683.69 | 615.85 | 649.54 | 799.51 | 749.96 | 941.76 | 803.47 | 882.07 | 684.47 | 738.14 | 795.69 | 1,260.05 | 908.92 | 899.39 | 1,224.74 | 953.22 | 859.05 | 747.44 | 746.12 | 788.34 | 841.99 | 871.60 | 889.88 | 822.10 | 838.98 | 797.60 | 830.92 | 722.12 | 684.31 | 707.31 | 713.17 | 646.23 | 608.46 | 651.73 | 607.16 | 568.50 | 520.68 | 577.88 | 447.65 | 394.43 | 386.82 | 444.44 | 311.85 | 262.68 | 254.24 | 272.87 | 202.71 | 152.03 | 161.86 | 121.38 | 105.86 | 91.80 | 123.45 | 150.76 | 99.50 | 91.79 | 68.13 | 53.05 | 5.87 | 37.18 | 22.58 | 2.99 | 2.82 | 8.38 |
| Cost of revenue | 102.46 | 21.90 | 126.16 | 299.27 | 122.57 | 526.57 | 137.08 | 131.51 | 388.79 | 300.75 | 185.75 | 385.10 | 370.11 | 146.66 | 343.03 | 357.81 | 357.91 | 731.16 | 459.81 | 395.78 | 582.13 | 445.80 | 362.53 | 330.85 | 364.84 | 374.11 | 394.85 | 437.50 | 404.31 | 428.12 | 385.10 | 390.26 | 360.71 | 379.64 | 356.18 | 330.97 | 340.58 | 340.51 | 318.40 | 328.15 | 313.35 | 338.30 | 296.66 | 306.57 | 220.00 | 472.10 | 184.21 | 205.48 | 149.36 | 58.26 | 54.73 | 56.74 | 37.36 | 28.84 | 32.22 | 26.80 | 24.32 | 24.20 | 25.55 | 28.45 | 17.15 | 16.80 | 12.24 | 9.24 | 0.00 | 6.58 | 3.89 | 0.91 | 0.00 | 1.00 |
| Gross profit | 523.29 | 704.94 | 506.74 | 330.23 | 492.03 | 125.33 | 546.60 | 484.35 | 260.75 | 498.76 | 564.21 | 556.66 | 433.37 | 735.41 | 341.44 | 380.34 | 437.79 | 528.89 | 449.11 | 503.61 | 642.61 | 507.42 | 496.53 | 416.59 | 381.28 | 414.23 | 447.14 | 434.10 | 485.58 | 393.99 | 453.88 | 407.34 | 470.21 | 342.48 | 328.13 | 376.34 | 372.59 | 305.72 | 290.06 | 323.58 | 293.81 | 230.20 | 224.02 | 271.31 | 227.65 | -77.67 | 202.60 | 238.97 | 162.49 | 204.42 | 199.51 | 216.12 | 165.35 | 123.19 | 129.65 | 94.58 | 81.55 | 67.60 | 97.91 | 122.31 | 82.36 | 74.99 | 55.89 | 43.81 | 0.00 | 30.60 | 18.68 | 0.00 | 0.00 | 7.38 |
| Total operating expenses | 286.85 | 453.40 | 334.85 | 169.21 | 306.02 | 514.33 | 305.79 | 350.33 | 139.26 | 278.03 | 315.32 | 207.24 | 154.48 | 515.67 | 109.67 | 57.19 | 123.99 | 396.60 | 220.24 | 168.25 | 140.22 | 171.96 | 149.28 | 97.09 | 125.02 | 287.96 | 212.83 | 182.24 | 183.05 | 234.27 | 182.82 | 186.14 | 195.66 | 206.86 | 167.80 | 152.08 | 115.76 | 222.34 | 127.59 | 129.47 | 66.47 | 184.93 | 47.73 | 77.89 | 85.63 | -188.95 | 61.93 | 62.97 | 34.15 | 128.90 | 95.32 | 102.62 | 91.49 | 82.35 | 71.47 | 48.87 | 64.97 | 54.40 | 60.52 | 53.94 | 38.94 | 35.07 | 26.92 | 27.70 | 0.00 | 16.03 | 14.40 | 0.00 | 0.00 | 0.00 |
| Operating income | 236.44 | 251.54 | 171.89 | 161.03 | 186.01 | 137.57 | 240.81 | 134.02 | 121.49 | 220.72 | 248.89 | 349.42 | 278.88 | 219.74 | 231.77 | 323.15 | 313.80 | 132.29 | 228.86 | 335.36 | 502.39 | 335.46 | 347.25 | 319.50 | 256.26 | 126.27 | 234.31 | 251.86 | 302.53 | 159.72 | 271.06 | 221.20 | 274.54 | 135.62 | 160.33 | 224.25 | 256.83 | 83.38 | 162.46 | 194.11 | 227.34 | 45.27 | 176.29 | 193.42 | 142.02 | 111.29 | 140.67 | 175.99 | 128.34 | 75.52 | 104.19 | 113.50 | 73.86 | 40.84 | 58.18 | 45.72 | 16.58 | 13.30 | 37.38 | 68.37 | 43.42 | 39.92 | 28.96 | 16.12 | 0.00 | 14.57 | 4.28 | 1.92 | 0.00 | 1.58 |
| Non-operating income (net) | -46.56 | -137.09 | 114.44 | 81.20 | 24.42 | 115.60 | -14.01 | 9.94 | 53.06 | -26.11 | 51.65 | 53.09 | 34.03 | -18.69 | -2.73 | 103.91 | 67.75 | 176.96 | 102.54 | 41.31 | 80.32 | -1,880.96 | 21.52 | 60.23 | 55.67 | 19.83 | 14.23 | 70.21 | 64.55 | 18.32 | -4.06 | 22.80 | 59.95 | 38.94 | 64.93 | 41.85 | 20.80 | 20.49 | 19.08 | 30.40 | 18.63 | 34.82 | 14.55 | 23.49 | 24.41 | 15.39 | 10.81 | 21.44 | 14.79 | 15.54 | 15.43 | 10.59 | 11.35 | 14.69 | 7.74 | 8.06 | 7.59 | 12.10 | 12.51 | 10.31 | 8.10 | 0.21 | 0.62 | 2.14 | 3.12 | 3.54 | -2.17 | -1.30 | 0.70 | -1.34 |
| Income before tax | 189.87 | 114.45 | 286.33 | 242.23 | 210.42 | 253.18 | 226.80 | 143.95 | 174.55 | 194.61 | 300.54 | 402.51 | 312.92 | 201.05 | 229.05 | 427.05 | 381.55 | 309.24 | 331.40 | 376.67 | 582.71 | -1,545.50 | 368.77 | 379.74 | 311.93 | 146.10 | 248.54 | 322.07 | 367.08 | 178.04 | 267.01 | 244.00 | 334.49 | 174.56 | 225.26 | 266.11 | 277.64 | 103.87 | 181.54 | 224.51 | 245.97 | 80.09 | 190.84 | 216.92 | 166.43 | 126.68 | 151.48 | 197.43 | 143.13 | 91.06 | 119.61 | 124.09 | 85.21 | 55.53 | 65.92 | 53.77 | 24.17 | 25.40 | 49.90 | 78.68 | 51.51 | 40.12 | 29.58 | 18.25 | 3.12 | 18.11 | 2.11 | 0.62 | 0.70 | 0.24 |
| Income tax expense | 66.66 | 104.58 | 67.47 | 63.69 | 60.61 | 89.04 | 40.26 | 42.69 | 34.07 | 68.50 | 90.21 | 69.58 | 60.53 | 51.08 | 78.16 | 77.34 | 35.33 | 60.05 | 68.72 | 129.85 | 27.43 | 84.94 | 77.81 | 68.28 | 28.17 | 44.74 | 67.62 | 79.49 | 29.20 | 61.80 | 57.65 | 73.66 | 35.08 | 41.85 | 60.24 | 61.92 | 22.16 | 33.97 | 48.47 | 53.39 | 6.74 | 38.77 | 45.93 | 38.05 | 33.57 | 36.07 | 47.94 | 34.59 | 10.56 | 30.26 | 33.25 | 24.48 | 16.66 | 18.49 | 14.33 | 6.57 | 2.70 | 13.18 | 20.82 | 13.63 | 12.20 | 8.59 | 5.18 | 0.88 | 2.76 | -1.34 | 0.20 | 0.23 | 0.64 | |
| Net income | 124.72 | 12.65 | 218.49 | 178.58 | 148.96 | 109.75 | 134.42 | 99.79 | 131.49 | 216.53 | 233.33 | 315.43 | 244.21 | 139.91 | 182.42 | 349.01 | 305.24 | 281.31 | 273.20 | 305.53 | 454.09 | -1,573.51 | 285.62 | 299.64 | 243.03 | 102.79 | 191.60 | 250.18 | 284.58 | 155.64 | 207.71 | 179.49 | 268.47 | 153.01 | 179.68 | 207.04 | 217.00 | 120.01 | 155.21 | 182.26 | 199.00 | 84.09 | 150.86 | 169.35 | 132.08 | 92.03 | 110.13 | 142.28 | 104.71 | 77.14 | 85.76 | 89.06 | 59.75 | 38.35 | 47.43 | 39.45 | 17.25 | 22.50 | 36.72 | 57.86 | 37.86 | 27.84 | 20.96 | 13.08 | 2.23 | 22.21 | 3.45 | 0.42 | 0.48 | 0.00 |