Operating Margin
-57%
Quarter · Through 31 Mar 2026
Northann Corp. financial metrics
Period Q1 2026 · Filed 19 May 2026
Key metrics snapshot
Current Ratio
1.51x
Period-end balance · Through 31 Mar 2026
YoY relative change: +95%
Quick Ratio
0.49x
Period-end balance · Through 31 Mar 2026
YoY relative change: -13%
Revenues YoY
44%
Quarter · Through 31 Mar 2026
NetIncomeLoss YoY
-10%
Quarter · Through 31 Mar 2026
Profitability
| Metric | Latest value | YoY relative change |
|---|---|---|
| Operating Margin |
-57%
Quarter · 31 Mar 2026
|
Financial Health
| Metric | Latest value | YoY relative change |
|---|---|---|
| Current Ratio |
1.51x
Period-end balance · 31 Mar 2026
|
+95% |
| Quick Ratio |
0.49x
Period-end balance · 31 Mar 2026
|
-13% |
Growth
| Metric | Latest value | YoY relative change |
|---|---|---|
| Revenues YoY |
44%
Quarter · 31 Mar 2026
|
|
| NetIncomeLoss YoY |
-10%
Quarter · 31 Mar 2026
|
Share Metrics
| Metric | Latest value | YoY relative change |
|---|---|---|
| Common Stock, Shares, Outstanding |
53,733,083
Period-end balance · 31 Mar 2026
|
-44% |
| Common Stock, Value, Issued |
$53,733
Period-end balance · 31 Mar 2026
|
-44% |
| Weighted Average Number of Shares Outstanding, Basic |
45,115,306
Reported period · 31 Mar 2026
|
-53% |
| Weighted Average Number of Shares Outstanding, Diluted |
45,115,306
Reported period · 31 Mar 2026
|
-53% |
Supporting Metrics
These supporting metrics stay fully source-backed for deeper research. Scan the latest value and reported period first, then open a metric page when you need the full filing trail.
| Metric | Latest value | YoY relative change |
|---|---|---|
| Accounts Receivable, after Allowance for Credit Loss, Current |
$3,850,848
Period-end balance · 31 Mar 2026
|
+2.8% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax |
$1,401,004
Period-end balance · 31 Mar 2026
|
+67% |
| Additional Paid in Capital |
$53,137,586
Period-end balance · 31 Mar 2026
|
+125% |
| Assets |
$30,790,621
Period-end balance · 31 Mar 2026
|
+87% |
| Assets, Current |
$12,554,381
Period-end balance · 31 Mar 2026
|
+47% |
| Cash and Cash Equivalents, at Carrying Value |
$239,641
Period-end balance · 31 Mar 2026
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents |
$239,641
Period-end balance · 31 Mar 2026
|
-87% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect |
-$790,972
Reported period · 31 Mar 2026
|
-149% |
| Common Stock, Par or Stated Value Per Share |
0.001
Period-end balance · 31 Mar 2026
|
0% |
| Common Stock, Shares Authorized |
400,000,000
Period-end balance · 31 Mar 2026
|
0% |
| Common Stock, Shares, Issued |
53,733,083
Period-end balance · 31 Mar 2026
|
-44% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent |
-$2,845,660
Reported period · 31 Mar 2026
|
-0.3% |
| Cost of Revenue |
$5,456,431
Reported period · 31 Mar 2026
|
+79% |
| Depreciation |
$152,203
Reported period · 31 Mar 2026
|
-36% |
| Depreciation, Depletion and Amortization |
$1,075,036
Reported period · 31 Mar 2026
|
+334% |
| Earnings Per Share, Basic |
-0.064
Reported period · 31 Mar 2026
|
-129% |
| Earnings Per Share, Diluted |
-0.064
Reported period · 31 Mar 2026
|
-129% |
| General and Administrative Expense |
$1,734,321
Reported period · 31 Mar 2026
|
+17% |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest |
-$2,895,325
Reported period · 31 Mar 2026
|
-10% |
| Income Tax Expense (Benefit) |
$0
Reported period · 31 Mar 2026
|
|
| Increase (Decrease) in Accounts Receivable |
$335,528
Reported period · 31 Mar 2026
|
-48% |
| Intangible Assets, Net (Excluding Goodwill) |
$11,085,329
Period-end balance · 31 Mar 2026
|
|
| Interest Paid, Excluding Capitalized Interest, Operating Activities |
$44,128
Reported period · 31 Mar 2026
|
-14% |
| Inventory, Net |
$6,065,681
Period-end balance · 31 Mar 2026
|
+159% |
| Lessee, Operating Lease, Liability, to be Paid |
$1,497,145
Period-end balance · 31 Mar 2026
|
-23% |
| Lessee, Operating Lease, Liability, to be Paid, Year Four |
$299,976
Period-end balance · 31 Mar 2026
|
-33% |
| Lessee, Operating Lease, Liability, to be Paid, Year One |
$327,566
Period-end balance · 31 Mar 2026
|
-26% |
| Lessee, Operating Lease, Liability, to be Paid, Year Three |
$441,227
Period-end balance · 31 Mar 2026
|
+2.2% |
| Lessee, Operating Lease, Liability, to be Paid, Year Two |
$428,376
Period-end balance · 31 Mar 2026
|
-1.2% |
| Lessee, Operating Lease, Liability, Undiscounted Excess Amount |
$124,403
Period-end balance · 31 Mar 2026
|
-39% |
| Liabilities |
$12,340,699
Period-end balance · 31 Mar 2026
|
-1.9% |
| Liabilities and Equity |
$30,790,621
Period-end balance · 31 Mar 2026
|
+87% |
| Liabilities, Current |
$8,337,589
Period-end balance · 31 Mar 2026
|
-25% |
| Net Cash Provided by (Used in) Financing Activities |
$818,294
Reported period · 31 Mar 2026
|
-74% |
| Net Cash Provided by (Used in) Investing Activities |
-$210,579
Reported period · 31 Mar 2026
|
-41% |
| Net Cash Provided by (Used in) Operating Activities |
-$1,401,161
Reported period · 31 Mar 2026
|
-39% |
| Nonoperating Income (Expense) |
-$43,933
Reported period · 31 Mar 2026
|
+22% |
| Operating Income (Loss) |
-$2,851,392
Reported period · 31 Mar 2026
|
-11% |
| Operating Lease, Liability |
$1,372,742
Period-end balance · 31 Mar 2026
|
-21% |
| Operating Lease, Liability, Current |
$373,584
Period-end balance · 31 Mar 2026
|
+2.9% |
| Operating Lease, Liability, Noncurrent |
$999,157
Period-end balance · 31 Mar 2026
|
-27% |
| Operating Lease, Right-of-Use Asset |
$1,372,742
Period-end balance · 31 Mar 2026
|
-21% |
| Operating Lease, Weighted Average Discount Rate, Percent |
0.05
Period-end balance · 31 Mar 2026
|
0% |
| Other Assets, Current |
$28,242
Period-end balance · 31 Mar 2026
|
-3.5% |
| Property, Plant and Equipment, Net |
$3,404,651
Period-end balance · 31 Mar 2026
|
-10% |
| Research and Development Expense |
$233,754
Reported period · 31 Mar 2026
|
-49% |
| Retained Earnings (Accumulated Deficit) |
-$24,263,124
Period-end balance · 31 Mar 2026
|
-97% |
| Share-based Payment Arrangement, Noncash Expense |
$458,700
Reported period · 31 Mar 2026
|
-44% |
| Stockholders' Equity Attributable to Parent |
$18,449,922
Period-end balance · 31 Mar 2026
|
+372% |
| Unrecognized Tax Benefits |
$0
Period-end balance · 31 Mar 2026
|
Comparisons, sources and research notes
Sources and sharing
NCL - Northann Corp. Financial Facts
- Context
- Latest metrics period: Q1 2026
- Latest reported value
- Operating Margin -57%
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open metric pages to inspect the reported history.
Tracking and update notes
Why revisit this company facts page
Company facts change as new 10-Q and 10-K filings update the latest reported period, headline values, and cross-company comparison context.
- Latest source-backed update
- Latest metrics period Q1 2026
- Why come back
- Use the next filing cycle to compare new facts against this baseline and then verify the detailed metric history.
- Current latest metrics period: Q1 2026.
- Most recent SEC facts end date on this page: 31 Mar 2026.
- Save this filer to return when the next filing-backed metric period changes the picture.
Freshness comes from the latest SEC company facts period available for this filer and the linked metric history pages.
Latest update
Latest update for NCL - Northann Corp.
Latest financial period: Q1 2026. Reopen this facts page to verify the newest reported period against the prior baseline.
Update date
19 May 2026
Page type
Company facts
Latest period
Q1 2026
SEC-backed company facts were refreshed from filings filed on 19 May 2026.
Benchmark Context
How Operating Margin compares
Operating Margin does not yet have enough prior-period data for a historical comparison on this page.
Compared with
Compared with Northann Corp.'s recent history first. Same-industry peer context appears only when enough SEC-backed benchmark coverage exists.
Why this is notable
Operating Margin already has a self-history signal here, but same-industry benchmark context waits until the benchmark sample is strong enough.
- Latest comparable period on this page: Q1 2026.
- Peer context will appear when enough companies report a comparable value for this metric.
- Open the metric history first if you want to verify the exact period-to-period change.
Industry benchmark context uses SEC-reported values from the same methodology version. Latest periods may differ across companies.
How to read key metrics on this page
These short guides explain what the headline metrics mean, what to compare next, and where to open the live SEC-backed example for this company.
Plain-English Guide
How to read Revenue on this page
Revenue is the sales a company reports from customers before most expenses are subtracted.
Why people care
People start here to understand business scale and whether demand is growing before they ask about margins or cash flow.
How to read it
Check the latest reported period first, then compare the same quarter or year against prior periods so seasonality does not distort the story.
Compare next
Compare revenue with gross profit, operating income, and operating cash flow to see whether sales are turning into healthy economics.
Revenue can jump because of acquisitions, pricing changes, or revenue-recognition rules, and reporting periods may differ across companies.
Open a live SEC-backed example
Plain-English Guide
How to read Net Income on this page
Net income is profit after operating costs, interest, taxes, and other non-operating items.
Why people care
It is the bottom-line profit figure many users recognize first, especially when they want to compare earnings with sales or cash flow.
How to read it
Use the same quarter or fiscal year comparison first, then check operating income or cash flow if the bottom line moved sharply.
Compare next
Compare it with operating income, EPS, and operating cash flow to see whether earnings are broad-based or driven by one-off items.
Net income can swing because of tax, financing, or accounting adjustments, so it is often less comparable than core operating metrics.
Open a live SEC-backed example
Filing notes and source
Key facts
- NCL - Northann Corp. financial facts use SEC filings; any third-party reference is labeled separately.
- Latest metrics period on this page: Q1 2026.
- Headline metric: Operating Margin -57%.
Change
- Comparable YoY change is unavailable for this metric.
- Most recent SEC facts end date: 31 Mar 2026.
Research use
- This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
- Metric cards link to SEC history; a third-party reference may use a different or unverified reporting period.
Evidence
Based on latest 10-Q/10-K
View source filing
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open company facts to inspect the reported metric history.
Latest financial snapshot (2026-03-31) highlights Operating Margin -57.5%, Current Ratio 1.51x, and Quick Ratio 0.49x.
Valuation Snapshot
SEC-only DCF estimate using a normalized free cash flow base, cash, debt, and reported share count when available.
No market comparison
USD inputs only. Cash and complete debt must share the latest balance date. Missing balances are unknown, never zero; equity value and market EV remain unavailable until both are verified.
DCF estimate is unavailable because required valuation inputs are missing.
Missing: Free cash flow.
Input periods, units and SEC sources
Equity value = DCF enterprise value + cash − debt. Cash flow uses matching annual or trailing-12-month periods.
- Operating cash flow: unavailable on a verified comparable basis
- Capital expenditures: unavailable on a verified comparable basis
- Cash and equivalents: 239,641.0 USD · through 2026-03-31 SEC source
- Debt: unavailable on a verified comparable basis
Data confidence notes
- Free cash flow unavailable: matching usd annual or trailing-12-month operating cash flow and cash capex are required
- Debt unavailable: no complete usd debt balance at the latest balance date
- Valuation unavailable: free cash flow is missing
Compare This Company Through SEC-backed Metrics
Use these links to compare NCL - Northann Corp. against other SEC filers on the same metric, then verify the company history from the paired facts page.
Revenues YoY
Latest value: 44%
NetIncomeLoss YoY
Latest value: -10%
Financial Quality Score
Transparent 0-100 scoring model based on profitability, financial health, and growth factors.
59.8/100
Caution Confidence low
Financial Health
- Current Ratio
- 1.51x
- Quick Ratio
- 0.49x
Strengths
Current Ratio and Revenues YoY
Watchpoints
Operating Margin and NetIncomeLoss YoY
Calculation methodology and other links
How we score
This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.
| Metric | Weight | V1 threshold |
|---|---|---|
| ROIC | 20 | 5% to 20% |
| ROE | 15 | 8% to 25% |
| ROA | 10 | 2% to 10% |
| Operating Margin | 5 | 5% to 25% |
| Current Ratio | 12 | 1.0x to 2.0x |
| Quick Ratio | 8 | 0.8x to 1.5x |
| Debt to Equity | 10 | 0.3x to 2.0x (lower is better) |
| Revenue YoY | 10 | -10% to +20% |
| Net Income YoY | 10 | -10% to +20% |
How Calculated (standard_v1)
Metrics are computed with a market-consensus convention designed for cross-portal comparability.
- Operating Income / Revenues using matching TTM or quarter periods; basis shown per metric
- Current Assets / Current Liabilities (latest instant quarter)
- (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
- Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
- TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
- TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
- TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
- Revenues YoY using available TTM or quarter comparison; basis shown per metric
- Net Income YoY using available TTM or quarter comparison; basis shown per metric
CIK / security context first