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NOAH: financial statements from SEC — TradeAlmanac

NOAH

Noah Holdings Limited: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Revenue	2.61B	356M	3.29B	3.10B
Selling, general and administrative	306M	297M	276M	235M
Operating expenses	1.83B	1.97B	2.20B	2.01B
Operating income	777M	634M	1.10B	1.09B
Pre-tax income	856M	868M	1.21B	1.15B
Income tax	298M	37M	262M	267M
Net income	559M	65M	1.01B	977M
Earnings per share	1.60	1.36	2.91	2.86
Earnings per share, diluted	1.59	0.18	2.91	2.86
Weighted average shares	349M	351M	347M	342M
Weighted average shares, diluted	352M	352M	347M	342M

Balance sheet

Metric	19/08/2026	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Cash and equivalents	—	—	4.36B	3.82B	5.19B	4.40B	3.41B
Short-term investments	—	—	658M

Cash flow

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	977M	53M	1.32B	633M
Depreciation and amortisation	157M	21M	158M	156M
Share-based compensation	67M	15M	12M	42M
Capital expenditure

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator