Northann (NCL) Operating Leases (2023 - 2026)
Northann's (NCL) quarterly Operating Leases came in at $999157.0 in Q1 2026, down 27.21% year-on-year from $1.4 million in Q1 2025, and down 8.5% quarter-over-quarter from $1.1 million in Q4 2025.
Northann (NCL) Operating Leases (2023 - 2026) Analysis & Trends
Northann's Operating Leases history runs 4 years deep, the most recent figure standing at $999157.0 for Q1 2026.
- On a quarterly basis, Operating Leases fell 27.21% year-over-year to $999157.0 in Q1 2026; TTM through Mar 2026 was $999157.0, a 27.21% decrease from a year earlier, with the FY2025 full-year figure at $1.1 million, down 25.54% from the prior year.
- Operating Leases fell to $999157.0 in Q1 2026 per NCL's latest filing, from $1.1 million in the prior quarter.
- Across five years, Operating Leases topped out at $1.9 million in Q3 2024 and bottomed at $39663.0 in Q2 2024.
- The 4-year median for Operating Leases is $1.1 million (2025), against an average of $867059.8.
- Biggest YoY gain for Operating Leases was 3121.63% in 2025; the steepest drop was 37.95% in 2025.
- Year by year, Operating Leases stood at $55967.0 in 2023, then jumped by 2520.32% to $1.5 million in 2024, then retreated by 25.54% to $1.1 million in 2025, then fell by 8.5% to $999157.0 in 2026.
- Per Business Quant, the three latest NCL Operating Leases figures stand at $999157.0 (Q1 2026), $1.1 million (Q4 2025), and $1.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn |
| 10 | Northann | 399,999.99 | 160,358.99 | -494,653.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 999,157.00 |
| Dec 31, 2025 | 1.09 Mn |
| Sep 30, 2025 | 1.18 Mn |
| Jun 30, 2025 | 1.28 Mn |
| Mar 31, 2025 | 1.37 Mn |
| Dec 31, 2024 | 1.47 Mn |
| Sep 30, 2024 | 1.91 Mn |
| Jun 30, 2024 | 39,663.00 |
| Mar 31, 2024 | 47,866.00 |
| Dec 31, 2023 | 55,967.00 |
| Sep 30, 2023 | 94,992.00 |