National Research Corporation (NRC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	140.0M	137.4M	143.1M	148.6M	151.6M
Cost of Revenue	46.5M	60.0M	56.9M	56.0M	57.0M
Gross Profit	93.5M	77.4M	86.1M	92.6M	94.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	63.1M	54.8M	44.9M	46.6M	42.7M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	15.7M	—	6.0M	5.9M	5.3M
Total Operating Expenses	78.8M	54.8M	50.9M	52.5M	48.0M
Cost and Expenses	125.3M	114.8M	107.9M	108.5M	105.0M
Operating Income (EBIT)	14.7M	22.6M	35.2M	40.0M	46.5M
Non-Operating
Interest Income	126.0K	111.0K	125.0K	820.0K	168.0K
Interest Expense	5.4M	4.8M	2.6M	862.0K	1.2M
Net Interest Income	(5.3M)	(4.7M)	(2.5M)	(42.0K)	(1.0M)
Other Non-Op Income/Expense	(5.4M)	(4.7M)	(2.5M)	(83.0K)	(3.7M)
Non-Operating Income (excl Interest)	(52.0K)	(16.0K)	(91.0K)	(41.0K)	2.5M
EBT (Pre-Tax Income)	9.4M	17.8M	32.7M	40.0M	42.8M
Income Tax Expense	3.5M	6.2M	7.9M	9.0M	11.0M
Bottom Line
Net Income	5.9M	11.6M	24.8M	31.0M	31.8M
Earnings from Cont. Ops	5.9M	11.6M	24.8M	31.0M	31.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.7M	11.6M	24.8M	31.0M	31.8M
Per Share
Basic EPS	$0.26	$0.52	$1.05	$1.26	$1.28
Diluted EPS	$0.25	$0.52	$1.04	$1.25	$1.27
Revenue Per Share	$6.36	$6.14	$6.03	$6.05	$6.08
Shares
Basic Shares Outstanding	22.0M	22.4M	23.7M	24.5M	24.9M
Diluted Shares Outstanding	22.0M	22.4M	23.7M	24.7M	25.1M
Profitability Metrics
EBITDA	23.4M	30.2M	41.3M	46.0M	49.3M
D&A	8.6M	7.6M	6.0M	5.9M	5.3M
EBIT	14.8M	22.6M	35.3M	40.1M	44.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026