Noah Holdings Operating Expenses Growth & History (NOAH)
Noah Holdings's operating expenses was $262.2M for fiscal 2025.
View full Noah Holdings company overviewNoah Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $262.2M | −$7.3M | −2.71% |
| 2024 | 2024-12-31 | $269.5M | −$39.9M | −12.90% |
| 2023 | 2023-12-31 | $309.4M | $17.7M | +6.07% |
| 2022 | 2022-12-31 | $291.7M | −$193.8M | −39.92% |
| 2021 | 2021-12-31 | $485.5M | $171.8M | +54.75% |
| 2020 | 2020-12-31 | $313.8M | −$42.0M | −11.81% |
| 2019 | 2019-12-31 | $355.8M | $12.1M | +3.52% |
| 2018 | 2018-12-31 | $343.7M | — | — |
| 2013 | 2013-12-31 | $1.2M | −$20.7M | −94.32% |
| 2012 | 2012-12-31 | $22.0M | −$1.8M | −7.44% |
| 2011 | 2011-12-31 | $23.7M | $15.0M | +171.48% |
| 2010 | 2010-12-31 | $8.7M | $1.7M | +23.71% |
| 2009 | 2009-12-31 | $7.1M | — | — |
Noah Holdings operating expenses trends
Over the last five fiscal years, Noah Holdings's operating expenses decreased from $313.8M to $262.2M, a change of −$51.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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