Noah Holdings (NOAH) Operating Leases (2019 - 2025)

Noah Holdings' Operating Leases history runs 7 years deep, the most recent figure standing at $8.5 million for Q4 2025.

• Quarterly Operating Leases fell 19.29% year-over-year to $8.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $8.5 million (down 19.29% YoY) and the FY2025 annual result came in at $8.6 million, down 16.82% from the prior year.
• Operating Leases was $8.5 million for Q4 2025 at Noah Holdings, up from $8.4 million in the prior quarter.
• Across five years, Operating Leases topped out at $27.5 million in Q1 2021 and bottomed at $7.6 million in Q2 2024.
• A 5-year average of $13.9 million and a median of $11.0 million in 2023 frame the typical range for Operating Leases.
• Annual changes were most pronounced in 2021 — Operating Leases slumped 46.54% — and 2025, when it advanced 28.27%.
• Noah Holdings' Operating Leases stood at $20.5 million in 2021, then plunged by 42.91% to $11.7 million in 2022, then slipped by 9.1% to $10.6 million in 2023, then decreased by 0.82% to $10.5 million in 2024, then declined by 19.29% to $8.5 million in 2025.
• Business Quant data shows NOAH's Operating Leases at $8.5 million in Q4 2025, $8.4 million in Q3 2025, and $9.7 million in Q2 2025.