Financials in USD. Standardized financial statements.
A compact view of how Nomura Research Institute, Ltd. turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $819.84B | $764.81B | $736.56B | $692.16B | $611.63B | $550.34B | $528.72B | $501.24B | $471.49B | $424.55B |
| Revenue Growth? | +7.2% | +3.8% | +6.4% | +13.2% | +11.1% | +4.1% | +5.5% | +6.3% | +11.1% | 0.0% |
| Cost of Revenue? | $517.79B | $489.52B | $475.55B | $452.34B | $364.54B | $348.01B | $346.10B | $336.51B | $311.87B | $280.76B |
| Gross Profit? | $302.04B | $275.30B | $261.01B | $239.83B | $185.80B | $180.87B | $182.62B | $164.74B | $159.62B | $143.79B |
| Gross Margin? | +36.8% | +36.0% | +35.4% | +34.6% | +30.4% | +32.9% | +34.5% | +32.9% | +33.9% | +33.9% |
| Operating Expenses? | $146.56B | $140.39B | $140.60B | $128.45B | $105.11B | $97.69B | $97.00B | $93.29B | $94.48B | $85.27B |
| Operating Income? | $155.48B | $134.91B | $120.41B | $111.83B | $106.22B | $80.75B | $85.63B | $71.44B | $65.14B | $58.51B |
| EBITDA? | $207.08B | $188.87B | $167.09B | $159.14B | $150.13B | $123.50B | $127.02B | $107.62B | $98.32B | $89.00B |
| Income Before Tax | $59.22B | $134.16B | $117.22B | $108.50B | $104.67B | $71.08B | $85.48B | $76.75B | $82.53B | $64.99B |
| Income Tax Expense | $43.34B | $39.78B | $37.06B | $32.00B | $32.88B | $18.50B | $26.39B | $25.21B | $26.36B | $21.04B |
| Net Income? | $15.35B | $93.76B | $79.64B | $76.31B | $71.44B | $52.87B | $58.20B | $50.93B | $55.15B | $45.06B |
| EPS? | $27.16 | $163.57 | $136.90 | $128.92 | $120.57 | $88.34 | $91.86 | $72.11 | $76.07 | $60.59 |
| Diluted EPS? | $27.16 | $163.56 | $136.83 | $128.88 | $120.34 | $88.12 | $91.62 | $71.94 | $75.85 | $60.48 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality