Inotiv (NOTVQ) Operating Leases (2019 - 2026)
Inotiv (NOTVQ) reported Operating Leases of $53.78 million for fiscal Q2 2026 (quarter ended Mar 31, 2026), up 33.7% from $40.23 million a year earlier but down 2.9% from the prior quarter.
Inotiv (NOTVQ) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Inotiv posted Operating Leases of $44.34 million, up 10.8% from FY2024.
- Operating Leases has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 67.7% (FY2020 to FY2025).
- By fiscal year, Operating Leases came in at $40.01 million in FY2024 (+35.1%), $29.61 million in FY2023 (+19.2%), $24.85 million in FY2022 (+279.2%) and $6.55 million in FY2021 (+96.0%).
- Five-year quarterly Operating Leases spans a low of $6.55 million in fiscal Q4 2021 and a high of $55.39 million in fiscal Q1 2026.
- Year over year, Operating Leases has now increased in each of the last 20 quarters, with growth averaging 19.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Leases ran from 8.1% in fiscal Q2 2025 to 467.8% in fiscal Q2 2022.
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $55.39 million (Q1 2026), $44.34 million (Q4 2025) and $40.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.55 Bn | 36.39 Bn | 1.44 Bn |
| 2 | Medpace Holdings | 17.19 Bn | 15.25 Bn | 201.64 Mn |
| 3 | Charles River Laboratories International | 14.06 Bn | 13.30 Bn | 363.37 Mn |
| 4 | Icon | 13.44 Bn | 10.55 Bn | 479.29 Mn |
| 5 | Fortrea Holdings | 1.91 Bn | 1.29 Bn | 139.20 Mn |
| 6 | Ginkgo Bioworks Holdings | 665.78 Mn | -96.30 Mn | 18.44 Mn |
| 7 | Evotec SE | 565.34 Mn | -1.01 Bn | - |
| 8 | Champions Oncology | 68.06 Mn | 43.71 Mn | 7.70 Mn |
| 9 | MindWalk Holdings | 62.59 Mn | 26.81 Mn | 1.61 Mn |
| 10 | Inotiv | 348,881.46 | -55.52 Mn | 24.65 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 53.78 Mn |
| Dec 31, 2025 | 55.39 Mn |
| Sep 30, 2025 | 44.34 Mn |
| Jun 30, 2025 | 40.09 Mn |
| Mar 31, 2025 | 40.23 Mn |
| Dec 31, 2024 | 41.59 Mn |
| Sep 30, 2024 | 40.01 Mn |
| Jun 30, 2024 | 35.90 Mn |
| Mar 31, 2024 | 37.22 Mn |
| Dec 31, 2023 | 38.07 Mn |
| Sep 30, 2023 | 29.61 Mn |
| Jun 30, 2023 | 31.80 Mn |
| Mar 31, 2023 | 32.73 Mn |
| Dec 31, 2022 | 26.24 Mn |
| Sep 30, 2022 | 24.85 Mn |
| Jun 30, 2022 | 22.90 Mn |
| Mar 31, 2022 | 18.61 Mn |
| Dec 31, 2021 | 18.71 Mn |
| Sep 30, 2021 | 6.55 Mn |
| Jun 30, 2021 | 6.88 Mn |
Inotiv Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=NOTVQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "NOTVQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=NOTVQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();