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
DateValue
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