Noah Holdings Reports Q2 2026 Financial and Operational Results
Noah Holdings Limited (NYSE: NOAH; HKEX: 6686) reported unaudited financial results for the second quarter of 2026. Net revenues were RMB619.9 million, a slight decline year-over-year due to lower one-time commissions and recurring service fees but partially offset by increased performance-based income from mainland China private secondary products. The company's operational efficiency improved significantly, with operating income rising 34% compared to the same period in 2025 driven by cost reductions. Net income attributable to shareholders also rose by 30%, supported by higher operations and investment gains despite increased tax expenses. Non-GAAP net income showed a similar upward trend. Operational metrics revealed modest growth in registered clients, while active client numbers saw an annual increase but declined quarter-over-quarter. Total assets under management remained stable at RMB140.9 billion as of June 30.
Tickers: $NOAH
Topics: financial results net income growth operational updates revenue decline