NATIONAL RESEARCH CORPNRCEarnings & Financial Report
Nasdaq
National Research Corporation, doing business as NRC Health, is an American healthcare company which provides healthcare products and subscription-based solutions in United States and Canada. It was founded in 1981, and is based in Lincoln, Nebraska.
NRC Q3 2025 Key Financial Metrics
Revenue
$34.6M
Gross Profit
N/A
Operating Profit
$7.7M
Net Profit
$4.1M
Gross Margin
N/A
Operating Margin
22.4%
Net Margin
11.9%
YoY Growth
-3.4%
EPS
$0.18
Financial Flow
NATIONAL RESEARCH CORP Q3 2025 Financial Summary
NATIONAL RESEARCH CORP reported revenue of $34.6M for Q3 2025, with a net profit of $4.1M (11.9% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $34.6M |
|---|---|
| Net Profit | $4.1M |
| Gross Margin | N/A |
| Operating Margin | 22.4% |
| Report Period | Q3 2025 |
NATIONAL RESEARCH CORP Annual Revenue by Year
NATIONAL RESEARCH CORP annual revenue history includes year-by-year totals (for example, 2024 revenue was $143.1M).
| Year | Annual Revenue |
|---|---|
| 2024 | $143.1M |
| 2023 | $148.6M |
| 2022 | $151.6M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $38.0M | $35.3M | $35.0M | $35.8M | $36.9M | $33.6M | $34.0M | $34.6M |
| YoY Growth | -0.4% | -3.2% | -3.2% | -5.6% | -2.9% | -5.0% | -2.8% | -3.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $122.4M | $120.9M | $119.1M | $131.8M | $132.5M | $135.2M | $141.4M | $135.7M |
| Liabilities | $73.5M | $84.0M | $78.9M | $97.2M | $101.3M | $105.5M | $120.1M | $121.4M |
| Equity | $49.0M | $36.9M | $40.2M | $34.6M | $31.3M | $29.7M | $21.3M | $14.3M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $11.7M | $12.0M | $6.8M | $9.4M | $6.4M | $6.6M | $-1.1M | $13.8M |