Cyanotech Corp (CYAN) Operating Leases (2019 - 2025)
Cyanotech (CYAN) reported Operating Leases of $3.07 million for fiscal Q2 2026 (quarter ended Sep 30, 2025), down 15.8% from $3.65 million a year earlier and down 4.6% from the prior quarter.
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Analysis
Cyanotech Corp (CYAN) Operating Leases (2019 - 2025) Analysis & Trends
At the end of FY2025 (ended Mar 31, 2025), Cyanotech posted Operating Leases of $3.36 million, down 10.2% from FY2024.
- Operating Leases has a five-year compound annual growth rate of -0.9% (FY2020 to FY2025).
- By fiscal year, Operating Leases came in at $3.74 million in FY2024 (-12.4%), $4.28 million in FY2023 (+26.3%), $3.39 million in FY2022 (unchanged) and $3.39 million in FY2021 (-3.8%).
- The fiscal Q2 2026 figure ranks as the lowest quarterly Operating Leases since fiscal Q3 2022.
- Year over year, Operating Leases has now declined in each of the last seven quarters, with an average decline of 7.5% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was fiscal Q4 2023 (growth of 26.3%); the low point was fiscal Q2 2026 (a decline of 15.8%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $3.22 million (Q1 2026), $3.36 million (Q4 2025) and $3.51 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 3.07 Mn |
| Jun 30, 2025 | 3.22 Mn |
| Mar 31, 2025 | 3.36 Mn |
| Dec 31, 2024 | 3.51 Mn |
| Sep 30, 2024 | 3.65 Mn |
| Jun 30, 2024 | 3.61 Mn |
| Mar 31, 2024 | 3.74 Mn |
| Dec 31, 2023 | 3.88 Mn |
| Sep 30, 2023 | 4.02 Mn |
| Jun 30, 2023 | 4.15 Mn |
| Mar 31, 2023 | 4.28 Mn |
| Dec 31, 2022 | 3.20 Mn |
| Sep 30, 2022 | 3.27 Mn |
| Jun 30, 2022 | 3.33 Mn |
| Mar 31, 2022 | 3.39 Mn |
| Dec 31, 2021 | 3.03 Mn |
| Sep 30, 2021 | 3.13 Mn |
| Jun 30, 2021 | 3.09 Mn |
| Mar 31, 2021 | 3.39 Mn |
| Dec 31, 2020 | 3.27 Mn |
API Access
Cyanotech Corp Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=CYAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "CYAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=CYAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();