Novanta (NOVT) Current Leases (2019 - 2026)
Novanta (NOVT) reported Current Leases of $9.7 million for Q2 2026, down 2.68% on a YoY basis from $10.0 million in Q2 2025, and down 1.68% quarter-over-quarter from $9.9 million in Q4 2025.
Novanta (NOVT) Current Leases (2019 - 2026) Analysis & Trends
Novanta has reported Current Leases for 8 years, with the latest figure at $9.7 million in Q2 2026.
- For the quarter ending Q2 2026, Current Leases fell 2.68% year-over-year to $9.7 million; the trailing twelve-month figure through Apr 2026 stood at $9.7 million (down 2.68% YoY), and the FY2025 full-year result was $9.9 million, changed 0.22% from the prior year.
- Current Leases for Q2 2026 stood at $9.7 million, down from $9.9 million in the prior quarter.
- The five-year high for Current Leases was $10.3 million in Q2 2025, with the low at $7.5 million in Q2 2022.
- Historically, Current Leases has averaged $8.9 million across 5 years, with a median of $9.2 million in 2024.
- Annual changes were most pronounced in 2022 — Current Leases climbed 26.68% — and 2026, when it retreated 2.68%.
- Novanta's Current Leases stood at $7.8 million in 2022, then grew by 5.08% to $8.2 million in 2023, then climbed by 20.64% to $9.9 million in 2024, then fell by 0.22% to $9.9 million in 2025, then decreased by 1.68% to $9.7 million in 2026.
- The last three Current Leases figures came in at $9.7 million (Q2 2026), $9.9 million (Q4 2025), and $10.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 52.44 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 52.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | - |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | - |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | - |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | - |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | - |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 12.31 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | - |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | 9.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 9.69 Mn |
| Dec 31, 2025 | 9.86 Mn |
| Sep 26, 2025 | 10.17 Mn |
| Jun 27, 2025 | 10.30 Mn |
| Mar 28, 2025 | 9.96 Mn |
| Dec 31, 2024 | 9.88 Mn |
| Sep 27, 2024 | 9.98 Mn |
| Jun 28, 2024 | 9.76 Mn |
| Mar 29, 2024 | 9.24 Mn |
| Dec 31, 2023 | 8.19 Mn |
| Sep 29, 2023 | 8.07 Mn |
| Jun 30, 2023 | 7.88 Mn |
| Mar 31, 2023 | 7.66 Mn |
| Dec 31, 2022 | 7.79 Mn |
| Sep 30, 2022 | 7.66 Mn |
| Jul 1, 2022 | 7.56 Mn |
| Apr 1, 2022 | 7.47 Mn |
| Dec 31, 2021 | 7.33 Mn |
| Oct 1, 2021 | 7.58 Mn |
| Jul 2, 2021 | 6.43 Mn |