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

Noah Holdings has reported Operating Leases for 7 years, with the latest figure at $8.5 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Leases fell 19.29% year-over-year to $8.5 million; the trailing twelve-month figure through Dec 2025 stood at $8.5 million (down 19.29% YoY), and the FY2025 full-year result was $8.6 million, down 16.82% from the prior year.
• Operating Leases for Q4 2025 stood at $8.5 million, up from $8.4 million in the prior quarter.
• The five-year high for Operating Leases was $27.5 million in Q1 2021, with the low at $7.6 million in Q2 2024.
• Historically, Operating Leases has averaged $13.9 million across 5 years, with a median of $11.0 million in 2023.
• Annual changes were most pronounced in 2021 — Operating Leases tumbled 46.54% — and 2025, when it increased 28.27%.
• Noah Holdings' Operating Leases stood at $20.5 million in 2021, then slumped by 42.91% to $11.7 million in 2022, then retreated by 9.1% to $10.6 million in 2023, then fell by 0.82% to $10.5 million in 2024, then slipped by 19.29% to $8.5 million in 2025.
• The last three Operating Leases figures came in at $8.5 million (Q4 2025), $8.4 million (Q3 2025), and $9.7 million (Q2 2025), per Business Quant data.