Kaival Brands Innovations (KAVL) Operating Leases (2020 - 2025)
Kaival Brands Innovations' Operating Leases came in at $553,498 for fiscal Q3 2025 (quarter ended Jul 31, 2025), down 22.7% from $715,749 a year earlier and unchanged from the prior quarter.
Kaival Brands Innovations (KAVL) Operating Leases (2020 - 2025) Analysis & Trends
At the end of FY2024 (ended Oct 31, 2024), Kaival Brands Innovations' Operating Leases was $662,271, down 23.5% from FY2023.
- Operating Leases carries a four-year compound annual growth rate of 82.9% (FY2020 to FY2024).
- Going back by fiscal year, Operating Leases was $866,207 in FY2023 (-17.6%), $1.05 million in FY2022, $46,185 in FY2021 (-22.0%) and $59,204 in FY2020.
- The five-year range for quarterly Operating Leases is $39,180 (fiscal Q2 2022) to $1.09 million (fiscal Q3 2022).
- Year-over-year, Operating Leases has declined for nine consecutive quarters, with an average decline of 22.2% over the last eight quarters.
- Across the past five years, year-over-year decline in Operating Leases ran from 16.4% in fiscal Q3 2023 to 27.9% in fiscal Q2 2025.
- Business Quant data shows KAVL's Operating Leases at $553,498 (Q2 2025), $608,190 (Q1 2025) and $662,271 (Q4 2024) in the three fiscal quarters before Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 310.95 Bn | 289.94 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 137.57 Bn | 114.22 Bn | - |
| 3 | Altria | 124.10 Bn | 110.30 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.51 Bn | -1.24 Bn | 52.74 Mn |
| 5 | Verano Holdings | 2.17 Bn | 1.84 Bn | 99.70 Mn |
| 6 | Curaleaf Holdings | 2.09 Bn | 1.70 Bn | 169.91 Mn |
| 7 | Trulieve Cannabis | 2.00 Bn | 614.45 Mn | 162.29 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 415.13 Mn | 93.70 Mn |
| 9 | Cronos | 1.24 Bn | -1.98 Bn | 28.45 Mn |
| 10 | Kaival Brands Innovations | 312,505.79 | -1.43 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2025 | 553,498.00 |
| Apr 30, 2025 | 553,498.00 |
| Jan 31, 2025 | 608,190.00 |
| Oct 31, 2024 | 662,271.00 |
| Jul 31, 2024 | 715,749.00 |
| Apr 30, 2024 | 767,449.00 |
| Jan 31, 2024 | 817,106.00 |
| Oct 31, 2023 | 866,207.00 |
| Jul 31, 2023 | 914,761.00 |
| Apr 30, 2023 | 961,593.00 |
| Jan 31, 2023 | 1.01 Mn |
| Oct 31, 2022 | 1.05 Mn |
| Jul 31, 2022 | 1.09 Mn |
| Apr 30, 2022 | 39,180.00 |
| Jan 31, 2022 | 42,686.00 |
| Oct 31, 2021 | 46,185.00 |
| Jul 31, 2021 | 49,675.00 |
| Apr 30, 2021 | 52,859.00 |
| Jan 31, 2021 | 56,035.00 |
| Oct 31, 2020 | 59,204.00 |
Kaival Brands Innovations 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=KAVL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "KAVL", "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=KAVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();