Northann (NCL) Operating Leases (2023 - 2026)

Northann (NCL) recorded quarterly Operating Leases of $999157.0 in Q1 2026, down 8.5% quarter-over-quarter from $1.1 million in Q4 2025, and down 42.44% on a YoY basis from $1.7 million in Q1 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.

  • In Q1 2026, Operating Leases fell 42.44% year-over-year to $999157.0; the TTM figure through Mar 2026 stood at $999157.0 (down 42.44% YoY), while the FY2025 annual figure was $1.1 million, down 25.54% from the prior year.
  • Operating Leases was $999157.0 for Q1 2026 at Northann, down from $1.1 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $1.9 million in Q3 2024 to a low of $39663.0 in Q2 2024.
  • Historically, Operating Leases has averaged $897260.4 across 4 years, with a median of $1.1 million in 2025.
  • The sharpest annual moves came in 2025 and 2026: Operating Leases surged 3526.73% in 2025, then tumbled 42.44% in 2026.
  • A 4-year view of Operating Leases shows it 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.
  • The last three Operating Leases figures came in at $999157.0 (Q1 2026), $1.1 million (Q4 2025), and $1.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SharkNinja 18.88 Bn 18.88 Bn 694.97 Mn
2 Somnigroup International 15.17 Bn 15.07 Bn 776.90 Mn
3 Mohawk Industries 6.64 Bn 5.77 Bn 641.90 Mn
4 Alliance Laundry Holdings 5.06 Bn 4.90 Bn 157.19 Mn
5 Whirlpool 2.56 Bn 1.92 Bn 415.00 Mn
6 Hni 2.43 Bn 2.35 Bn 499.90 Mn
7 Interface 1.85 Bn 1.79 Bn 126.72 Mn
8 La-Z-Boy 1.58 Bn 1.29 Bn 233.51 Mn
9 Leggett & Platt 1.48 Bn 969.37 Mn 170.70 Mn
10 Northann - - -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 1.74 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 63,968.00