National Research Corporation (NRC) Revenue History
Annual and quarterly revenue from 1996 to present
NRC Revenue Over Time (1996–2025)
NRC Revenue Growth History
25 of 29 years with positive growth- FY1996 revenue growth
- N/A
- FY1997 revenue growth
- +29.4%
- FY1998 revenue growth
- +8.6%
- FY1999 revenue growth
- +2.8%
- FY2000 revenue growth
- +0.6%
- FY2001 revenue growth
- -3.5%
- FY2002 revenue growth
- +26.7%
- FY2003 revenue growth
- +20.3%
- FY2004 revenue growth
- +10.3%
- FY2005 revenue growth
- +9.3%
- FY2006 revenue growth
- +34.9%
- FY2007 revenue growth
- +11.8%
- FY2008 revenue growth
- +4.3%
- FY2009 revenue growth
- +13.1%
- FY2010 revenue growth
- +9.9%
- FY2011 revenue growth
- +19.5%
- FY2012 revenue growth
- +14.1%
- FY2013 revenue growth
- +7.1%
- FY2014 revenue growth
- +6.7%
- FY2015 revenue growth
- +3.5%
- FY2016 revenue growth
- +6.9%
- FY2017 revenue growth
- +7.5%
- FY2018 revenue growth
- +1.8%
- FY2019 revenue growth
- +6.9%
- FY2020 revenue growth
- +4.1%
- FY2021 revenue growth
- +11.0%
- FY2022 revenue growth
- +2.4%
- FY2023 revenue growth
- -2.0%
- FY2024 revenue growth
- -3.7%
- FY2025 revenue growth
- -4.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $34.8M | +3.7% |
| Q4 2025 | $35.2M | -4.6% |
| Q3 2025 | $34.6M | -3.4% |
| Q2 2025 | $34.0M | -2.8% |
| Q1 2025 | $33.6M | -5.0% |
| Q4 2024 | $36.9M | -2.9% |
| Q3 2024 | $35.8M | -5.6% |
| Q2 2024 | $35.0M | -3.2% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown
NRC's revenue distribution by segment and geography
By Geography
NRC Revenue Analysis (1996–2025)
Current Revenue & Growth
As of May 30, 2026, National Research Corporation (NRC) generated trailing twelve-month (TTM) revenue of $138.6 million, reflecting modest growth of +3.7% year-over-year. The most recent quarter (Q1 2026) recorded $34.8 million in revenue, down 1.1% sequentially.
Historical Growth Trajectory
NRC's 5-year compound annual growth rate (CAGR) stands at +0.6%, indicating moderate growth over time. The 3-year CAGR of -3.2% is below the 5-year average, signalling a growth deceleration in recent years. National Research Corporation's highest annual revenue of $151.6 million was recorded in 2022.
Peer Comparison
Compared to Healthcare sector peers — including SATS (-5.6% YoY), FORR (-7.1% YoY), and CSGP (+21.3% YoY) — NRC has underperformed the peer group in revenue growth. Compare NRC vs SATS →
NRC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
 NRCCurrent | $139M | +3.7% | +0.6% | 16.4% | |
 SATS | $15.0B | -5.6% | +51.4% | -118.1% | |
 FORR | $397M | -7.1% | -2.4% | 0.5% | |
 CSGP | $3.2B | +21.3% | +14.4% | -2.2% | |
 MORN | $2.4B | - | - | 21.5% | |
 QNST | $1.1B | +14.7% | +17.4% | 0.6% |
NRC Historical Revenue Data (1996–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $137.4M | -4.0% | $77.4M | 56.3% | $22.6M | 16.4% |
| 2024 | $143.1M | -3.7% | $86.1M | 60.2% | $35.2M | 24.6% |
| 2023 | $148.6M | -2.0% | $92.6M | 62.3% | $40.0M | 27.0% |
| 2022 | $151.6M | +2.4% | $94.5M | 62.4% | $46.5M | 30.7% |
| 2021 | $148.0M | +11.0% | $95.6M | 64.6% | $50.3M | 34.0% |
| 2020 | $133.3M | +4.1% | $84.1M | 63.1% | $42.7M | 32.0% |
| 2019 | $128.0M | +6.9% | $81.5M | 63.7% | $43.0M | 33.6% |
| 2018 | $119.7M | +1.8% | $72.1M | 60.2% | $35.3M | 29.5% |
| 2017 | $117.6M | +7.5% | $68.5M | 58.3% | $34.2M | 29.1% |
| 2016 | $109.4M | +6.9% | $63.8M | 58.3% | $31.2M | 28.5% |
| 2015 | $102.3M | +3.5% | $57.7M | 56.4% | $26.4M | 25.8% |
| 2014 | $98.8M | +6.7% | $57.1M | 57.8% | $28.3M | 28.6% |
| 2013 | $92.6M | +7.1% | $53.7M | 58.0% | $24.8M | 26.8% |
| 2012 | $86.4M | +14.1% | $51.0M | 59.0% | $22.7M | 26.3% |
| 2011 | $75.8M | +19.5% | $47.1M | 62.2% | $18.7M | 24.7% |
What if you invested $1,000 in NRC back in 1996?
Total return with dividends reinvested · 30+ years of data
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Compare NowNRC — Frequently Asked Questions
Quick answers to the most common questions about buying NRC stock.
Is NRC's revenue growth accelerating or slowing?
NRC revenue growth is slowing. TTM revenue is $139M, up +3.7% year-over-year — below the 5-year CAGR of +0.6%. The deceleration suggests maturing end-markets or increased competition.
What is NRC's revenue history from 1996 to 2026?
National Research Corporation (NRC) revenue history spans 1996 to 2026. TTM revenue as of 2026 is $139M, growing at +3.7% YoY. The 5-year CAGR is +0.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is NRC's long-term revenue growth rate (CAGR)?
National Research Corporation's 5-year revenue CAGR of +0.6% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of +3.7% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for NRC.
Why does NRC's quarterly revenue fluctuate?
NRC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. National Research Corporation's revenue data from 1996 to 2026 shows full historical quarterly detail on this page.
How is NRC's revenue distributed by segment?
NRC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does NRC's revenue compare to industry peers?
National Research Corporation (NRC) with TTM revenue of $139M and +3.7% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.