Noah Holdings Ltd NOAH
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $373.26M, +4.8% YoY · Filed Apr 29, 2026
Noah Holdings Ltd (NOAH) files with the SEC under industry code 6282, Investment Advice. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $373.3 million and net income of $79.9 million. Free cash flow was $120.5 million. As of Dec 31, 2025 it held $885.2 million in cash and investments and $14.2 million in total debt.
Revenue
$373.26M
+4.8% vs prior year
Net income
$79.92M
+22.7% vs prior year
Operating cash flow
$139.65M
+163.2% vs prior year
Free cash flow
$120.47M
+188.2% vs prior year
EPS
$0.23
+27.8% vs prior year
Dividend per share
None
Shares outstanding
335.26M
+0.0% vs prior year
Net cash
$871.00M
FY 2025
Operating margin
29.8%
FY 2025
Company profile
- Industry
- Investment Advice (SIC 6282)
- Listed as
- NOAH (NYSE)
- Headquarters
- Shanghai
- SEC filer status
- Accelerated filer
- SEC CIK
- 1499543
Other Investment Advice companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $373.3M | $356.3M | $464.0M | $449.5M | $673.7M |
| Operating income | $111.1M | $86.8M | $154.6M | $157.8M | $188.1M |
| Net income | $79.9M | $65.1M | $142.2M | $141.6M | $206.2M |
| Diluted EPS | $0.23 | $0.18 | $0.41 | $4.14 | $6.10 |
| Operating cash flow | $139.7M | $53.1M | $185.7M | $91.8M | $238.8M |
| Free cash flow | $120.5M | $41.8M | $163.4M | $82.7M | -$117.6M |
| Total assets | $1.7B | $1.6B | $1.8B | $1.7B | $1.7B |
| Total liabilities | $251.4M | $242.0M | $318.0M | $333.1M | $431.2M |
| Stockholders' equity | $1.4B | $1.4B | $1.5B | $1.4B | $1.3B |
| Cash and investments | $885.2M | $831.3M | $898.9M | $796.6M | $653.7M |
| Total debt | $14.2M | $16.5M | $19.5M | $24.3M | $34.9M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Nov 5, 2026 | Nov 5, 2026 |
| 6-K | Current report (foreign issuer) | Oct 8, 2026 | Oct 8, 2026 |
| 6-K | Current report (foreign issuer) | Sep 15, 2026 | Sep 15, 2026 |
| 6-K | Current report (foreign issuer) | Sep 4, 2026 | Sep 4, 2026 |
| 6-K | Current report (foreign issuer) | Aug 28, 2026 | Aug 28, 2026 |
| 6-K | Current report (foreign issuer) | Aug 26, 2026 | Aug 26, 2026 |
All 555 Noah Holdings Ltd SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.