The earnings call highlighted strong financial performance with significant growth in net income and overseas market expansion. However, there were challenges in domestic insurance and asset management, as well as a decline in overseas wealth management revenue.
Company Guidance
During Noah Holdings' second quarter 2025 earnings call, the company reported strong financial performance with net revenues reaching RMB 630 million, a 2.2% year-over-year increase. Income from operations grew by 20.2% year-over-year, while non-GAAP net income surged 78.2% year-over-year to RMB 189 million. In the first half of 2025, net revenues were RMB 1.2 billion, generating a non-GAAP net income of RMB 358 million. The overseas segment showed substantial growth with net revenues of RMB 297 million, accounting for 47.1% of total net revenue, and U.S. dollar-denominated AUM increased by 7.4% to USD 5.8 billion. The company added 627 new qualified investors, and overseas active clients rose by 12.5% year-over-year. Noah's strategic priorities include expanding their high net worth client base, enhancing global product offerings, and leveraging AI to improve operational efficiency. The company announced a partnership with Coinbase Asset Management to establish a stablecoin yield fund, highlighting their commitment to exploring digital assets.
Strong Financial Performance
Net revenues reached RMB 630 million with a 20.2% year-over-year increase in income from operations. Non-GAAP net income surged 78.2% year-over-year to RMB 189 million.
Growth in Overseas Market
Net revenues from overseas reached RMB 297 million, accounting for 47.1% of total net revenue. The overseas AUM grew by 7.4% year-over-year to USD 5.8 billion.
Expansion in Client Base
Added 627 new qualified investors as clients in the first half of 2025. The number of registered overseas clients exceeded 18,900, a year-on-year increase of 13%.
Successful Product Diversification
The transaction value of U.S. dollar-denominated private market products increased by 70.3% year-over-year. Net revenues from overseas insurance and comprehensive services increased by 91% year-over-year.
Noah Holdings (NOAH) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NOAH Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 28, 2025
$11.81
$12.45
+5.42%
May 28, 2025
$9.09
$9.80
+7.81%
Mar 25, 2025
$10.26
$9.55
-6.92%
Nov 26, 2024
$10.65
$11.65
+9.39%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Noah Holdings (NOAH) report earnings?
Noah Holdings (NOAH) is schdueled to report earning on Nov 25, 2025, After Close (Confirmed).
What is Noah Holdings (NOAH) earnings time?
Noah Holdings (NOAH) earnings time is at Nov 25, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.