NYSE$NMR
Nomura Holdings Inc · Q3 2026 earnings
Q3 2026 earnings · · Before market open · Investor relations
Briefing
Nomura posts record FY2025/26 net income of ¥362.1bn as ROE hits 10.1% for second straight year
Nomura Holdings reported fourth-quarter FY2025/26 results under US GAAP for the period ended March 31, 2026. Q4 net revenue rose 5% quarter over quarter to ¥577.2 billion, while net income fell 19% QoQ to ¥73.9 billion and diluted EPS was ¥24.34. For the full fiscal year, net revenue grew 15% to a record ¥2,167.7 billion, net income rose 6% to a record ¥362.1 billion, and diluted EPS increased 7% to ¥118.99. ROE reached 10.1%, meeting the firm's 2030 Vision quantitative target for a second consecutive year. Wealth Management and Wholesale drove earnings with record segment income before taxes, while Investment Management AUM rose more than 50% to about ¥137 trillion. The board declared a year-end dividend of ¥24 per share, bringing the annual dividend to ¥51 with a 41% payout ratio.
- Full-year net income of ¥362.1 billion and ROE of 10.1% both set record highs for Nomura for the second straight year.
- Q4 net revenue of ¥577.2 billion rose 5% QoQ, but net income of ¥73.9 billion fell 19% QoQ on lower affiliate profits and an Investment Management impairment.
- Wealth Management recurring revenue hit an all-time high in Q4 and full-year income before taxes reached ¥204.0 billion, up 23% YoY.
- Wholesale delivered record full-year net revenue of ¥1,162.2 billion and Investment Management AUM climbed to ¥136.9 trillion at fiscal year-end.
- Shareholder returns included an annual dividend of ¥51 per share at a 41% payout ratio.
Headline financials
Revenue & EPS history
Nomura · Revenue · Quarterly
¥577B
Revenue by segment
Nomura · ¥542B total across 4 segments · Q3 2026
- Wholesale¥308B—56.9%
- Wealth Management¥133B—24.6%
- Investment Management¥86.2B—15.9%
- Banking¥14.5B—2.7%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2026
-0.0%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+2.1%
Avg return
30 days after
54%
35 / 65 earnings
Positive
+11.7%
Q1 2017
Best reaction
-11.1%
Q4 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -4.4% | -5.3% | -1.9% | |
| Q2 2026 | +2.1% | +0.6% | +7.9% | |
| Q1 2026 | +4.9% | +0.0% | +9.4% | |
| Q3 2025 | +7.0% | +5.9% | +0.8% | |
| Q2 2025 | +1.5% | +9.3% | +17.4% | |
| Q1 2025 | +5.8% | -10.6% | -1.4% | |
| Q1 2024 | -9.1% | -9.5% | -1.0% | |
| Q4 2024 | +1.7% | -4.1% | +2.9% | |
| Q3 2024 | +6.0% | +5.4% | +12.1% | |
| Q2 2024 | +4.0% | +7.1% | +8.2% | |
| Q1 2023 | -2.9% | +4.0% | -6.9% | |
| Q4 2023 | -6.2% | -8.0% | -9.3% | |
| Q3 2023 | -0.2% | +0.2% | +1.2% | |
| Q2 2023 | -8.5% | +0.6% | +11.9% | |
| Q4 2022 | -5.4% | -3.6% | +0.0% | |
| Q3 2022 | +7.2% | +6.3% | +0.2% | |
| Q2 2022 | -8.4% | -9.0% | -13.7% | |
| Q1 2022 | -3.2% | -4.7% | -4.5% | |
| Q4 2021 | +2.2% | +1.7% | +4.7% | |
| Q3 2021 | +5.8% | +10.7% | +13.5% | |
| Q2 2021 | -4.3% | -1.1% | +10.3% | |
| Q1 2021 | +4.6% | +5.9% | +13.7% | |
| Q4 2020 | -1.7% | -5.4% | +13.6% | |
| Q3 2020 | -1.0% | -4.2% | -14.6% | |
| Q2 2020 | +1.1% | -0.9% | +9.0% | |
| Q1 2020 | +7.2% | +8.7% | +26.9% | |
| Q4 2019 | +1.4% | +2.7% | -13.0% | |
| Q3 2019 | -4.2% | -1.0% | -2.5% | |
| Q2 2019 | -2.7% | -1.9% | -7.3% | |
| Q1 2019 | -7.1% | -7.3% | -11.0% | |
| Q4 2018 | -1.9% | -3.6% | -9.4% | |
| Q3 2018 | -3.7% | -4.7% | -7.8% | |
| Q2 2018 | -4.2% | -3.1% | -1.0% | |
| Q1 2018 | +0.2% | -1.0% | -6.4% | |
| Q4 2017 | -3.5% | -1.8% | -3.0% | |
| Q3 2017 | +2.4% | +6.5% | +5.8% | |
| Q2 2017 | +5.3% | +5.8% | +14.5% | |
| Q1 2017 | +11.7% | +4.5% | +12.2% | |
| Q4 2016 | -11.1% | — | — | |
| Q3 2016 | -8.6% | — | — | |
| Q2 2016 | -2.8% | — | — | |
| Q1 2016 | +1.8% | — | — | |
| Q4 2015 | -2.4% | — | — | |
| Q2 2015 | +5.6% | — | — | |
| Q3 2015 | +0.2% | — | — | |
| Q1 2015 | -2.0% | — | — | |
| Q4 2014 | -1.2% | — | — | |
| Q2 2014 | +0.5% | — | — | |
| Q3 2014 | +0.0% | — | — | |
| Q1 2014 | +2.2% | — | — | |
| Q4 2013 | +2.2% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q3 2013 | +0.2% | — | — | |
| Q4 2012 | +4.8% | — | — | |
| Q1 2013 | +3.5% | — | — | |
| Q2 2012 | +1.0% | — | — | |
| Q4 2008 | -1.4% | — | — | |
| Q4 2011 | -1.4% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q2 2010 | +1.4% | — | — | |
| Q3 2011 | +1.4% | — | — | |
| Q2 2011 | -1.1% | — | — | |
| Q4 2009 | +2.7% | — | — | |
| Q4 2010 | +2.7% | — | — | |
| Q1 2011 | -3.0% | — | — |
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