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Nomura Holdings, Inc.

NMR

NYSEFinancial ServicesFinancial - Capital Markets

Open in GoAI

Previous close

$9.72

+$0.27 · +2.86%

Aug 21, 4:00 PM ET

NMR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

91

Deep Value

Momentum

61

Gaining

Sentiment

61

Bullish

Risk resilience

81

Low Risk

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Company profile

Company website

Nomura Holdings, Inc. engages in the provision of investment, financing, and related services to individual, institutional, and government clients worldwide. It operates through three segments: Wealth Management, Investment Management, and Wholesale. The Wealth Management segment offers investment consultation services. The Investment Management segment provides investment management services and investment solutions, such as establishing and managing investment trusts, discretionary investment services, as well as investment and management for investment vehicles, and for funds for institutional investors, and management of silent partnerships. The Wholesale segment is involved in the sales and trading of debt and equity securities, foreign exchange contracts and derivatives; offers investment banking services, including underwriting and distribution of debt and equity securities, mergers and acquisitions, and financial advisory. The company was formerly known as The Nomura Securities Co., Ltd. and changed its name to Nomura Holdings, Inc. in October 2001. Nomura Holdings, Inc. was incorporated in 1925 and is headquartered in Tokyo, Japan.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
JP
CEO
Kentaro Okuda
Listed since
Dec 14, 2001
Employees
28,677

Market position

Day range

Current $9.72

52-week range

Current $9.72

Open
$9.71
Previous close
$9.45
Volume
486.12K
0.38× average
Average volume
1.27M
Average daily volume
Market cap
28.41B USD
Beta
0.6
Market reference 1
50-day average
$9.4426
+2.94% above average
200-day average
$8.5351
+13.88% above average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
0.15
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends91%59%28%-4%Gross margin, FY2022: 83.25%Gross margin, FY2023: 49.87%Gross margin, FY2024: 34.68%Gross margin, FY2025: 36.89%Gross margin, FY2026: 45.55%Operating margin, FY2022: 16.50%Operating margin, FY2023: 6.51%Operating margin, FY2024: 6.89%Operating margin, FY2025: 10.47%Operating margin, FY2026: 11.34%Net margin, FY2022: 10.41%Net margin, FY2023: 4.04%Net margin, FY2024: 4.17%Net margin, FY2025: 7.56%Net margin, FY2026: 7.61%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 83.25%. Gross margin FY2023 49.87%. Gross margin FY2024 34.68%. Gross margin FY2025 36.89%. Gross margin FY2026 45.55%. Operating margin FY2022 16.50%. Operating margin FY2023 6.51%. Operating margin FY2024 6.89%. Operating margin FY2025 10.47%. Operating margin FY2026 11.34%. Net margin FY2022 10.41%. Net margin FY2023 4.04%. Net margin FY2024 4.17%. Net margin FY2025 7.56%. Net margin FY2026 7.61%.

Income trends

Revenue

4.76T JPY+5.59%

Operating income

539.82B JPY+14.38%

Net income

362.13B JPY+6.28%
Income trends across reported periods5.23T JPY3.36T JPY1.49T JPY−373.78B JPYRevenue, FY2022: 1.37T JPYRevenue, FY2023: 2.3T JPYRevenue, FY2024: 3.97T JPYRevenue, FY2025: 4.51T JPYRevenue, FY2026: 4.76T JPYOperating income, FY2022: 226.62B JPYOperating income, FY2023: 149.47B JPYOperating income, FY2024: 273.85B JPYOperating income, FY2025: 471.96B JPYOperating income, FY2026: 539.82B JPYNet income, FY2022: 143B JPYNet income, FY2023: 92.79B JPYNet income, FY2024: 165.86B JPYNet income, FY2025: 340.74B JPYNet income, FY2026: 362.13B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.37T JPY. Revenue FY2023 2.3T JPY. Revenue FY2024 3.97T JPY. Revenue FY2025 4.51T JPY. Revenue FY2026 4.76T JPY. Operating income FY2022 226.62B JPY. Operating income FY2023 149.47B JPY. Operating income FY2024 273.85B JPY. Operating income FY2025 471.96B JPY. Operating income FY2026 539.82B JPY. Net income FY2022 143B JPY. Net income FY2023 92.79B JPY. Net income FY2024 165.86B JPY. Net income FY2025 340.74B JPY. Net income FY2026 362.13B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue4.76T JPY4.51T JPY3.97T JPY2.3T JPY1.37T JPY
Cost of goods sold2.59T JPY2.84T JPY2.6T JPY1.15T JPY230.11B JPY
Gross profit2.17T JPY1.66T JPY1.38T JPY1.14T JPY1.14T JPY
Selling, general, and administrative1.37T JPY732.39B JPY673.52B JPY605.79B JPY529.51B JPY
Operating expenses1.63T JPY1.19T JPY1.1T JPY995.5B JPY917.09B JPY
Interest income2.67T JPY2.93T JPY2.62T JPY1.11T JPY284.22B JPY
Interest expense2.59T JPY2.84T JPY2.6T JPY1.15T JPY230.11B JPY
Depreciation and amortization68.27B JPY61.65B JPY61.34B JPY61.42B JPY59.52B JPY
Operating income539.82B JPY471.96B JPY273.85B JPY149.47B JPY226.62B JPY
Net income362.13B JPY340.74B JPY165.86B JPY92.79B JPY143B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
56%
5 beats, 4 misses, 0 met estimates
Average EPS surprise
+11.85%
9 comparable reports
Latest EPS result
0.3
Estimate 0.23 · Beat by 30.43%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.340.270.190.12Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 0.22, estimate 0.142, surprise +54.71%, Beat. Q2 2025, reported Apr 25, 2025: actual 0.15, estimate 0.18, surprise -16.67%, Miss. Q3 2025, reported Jul 29, 2025: actual 0.24, estimate 0.253, surprise -5.06%, Miss. Q4 2025, reported Nov 7, 2025: actual 0.22, estimate 0.17, surprise +29.41%, Beat. Q1 2026, reported Jan 30, 2026: actual 0.18, estimate 0.24, surprise -25.00%, Miss. Q2 2026, reported Apr 24, 2026: actual 0.16, estimate 0.21, surprise -23.81%, Miss. Q3 2026, reported Jul 29, 2026: actual 0.3, estimate 0.23, surprise +30.43%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 0.231, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.05B6.23B4.41B2.58BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25No estimateQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 7.34B USD, estimate 2.97B USD, surprise +147.59%, Beat. Q2 2025, reported Apr 25, 2025: actual 3.17B USD, estimate 2.96B USD, surprise +7.06%, Beat. Q3 2025, reported Jul 29, 2025: actual 7.68B USD, estimate 3.08B USD, surprise +149.17%, Beat. Q4 2025, reported Nov 7, 2025: actual 7.22B USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 30, 2026: actual 3.54B USD, estimate 3.31B USD, surprise +6.93%, Beat. Q2 2026, reported Apr 24, 2026: actual 3.62B USD, estimate 3.37B USD, surprise +7.45%, Beat. Q3 2026, reported Jul 29, 2026: actual 4.31B USD, estimate 3.49B USD, surprise +23.34%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 3.64B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$10.20

4.94% upside
Past 12 months12-month forecastHigh $10.20Average $10.20Low $10.20

Rating distribution

9 ratings
Strong buy00%
Buy333%
Hold667%
Sell00%
Strong sell00%

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