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| 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 | 1.74 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 |