Novanta (NOVT) Operating Leases (2019 - 2026)

Novanta (NOVT) posted Operating Leases of $37.2 million for Q2 2026, down 4.19% quarter-over-quarter from $38.9 million in Q4 2025, and down 3.75% year-on-year from $38.7 million in Q2 2025.

Novanta (NOVT) Operating Leases (2019 - 2026) Analysis & Trends

Novanta (NOVT) has reported Operating Leases for 8 consecutive years, with $37.2 million the latest figure, recorded in Q2 2026.

  • Operating Leases for Q2 2026 came in at $37.2 million, down 3.75% year-over-year; the trailing twelve-month figure through Apr 2026 was $37.2 million (down 3.75% YoY), and the FY2025 annual result was $38.9 million, down 4.13% from the prior year.
  • Operating Leases was $37.2 million for Q2 2026 at Novanta, down from $38.9 million in the prior quarter.
  • Over five years, Operating Leases peaked at $43.9 million in Q2 2022 and troughed at $37.2 million in Q2 2026.
  • Average Operating Leases over 5 years is $40.5 million, with a median of $40.7 million recorded in 2023.
  • The widest YoY moves for Operating Leases: up 41.88% in 2022, down 10.7% in 2022.
  • Over 5 years, Operating Leases stood at $40.8 million in 2022, then declined by 8.49% to $37.3 million in 2023, then grew by 8.58% to $40.5 million in 2024, then fell by 4.13% to $38.9 million in 2025, then declined by 4.19% to $37.2 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $37.2 million in Q2 2026, $38.9 million in Q4 2025, and $40.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 37.24 Mn
Dec 31, 2025 38.87 Mn
Sep 26, 2025 40.41 Mn
Jun 27, 2025 41.09 Mn
Mar 28, 2025 38.69 Mn
Dec 31, 2024 40.55 Mn
Sep 27, 2024 42.67 Mn
Jun 28, 2024 41.28 Mn
Mar 29, 2024 42.93 Mn
Dec 31, 2023 37.35 Mn
Sep 29, 2023 38.58 Mn
Jun 30, 2023 40.73 Mn
Mar 31, 2023 39.58 Mn
Dec 31, 2022 40.81 Mn
Sep 30, 2022 40.91 Mn
Jul 1, 2022 42.58 Mn
Apr 1, 2022 43.89 Mn
Dec 31, 2021 45.70 Mn
Oct 1, 2021 40.85 Mn
Jul 2, 2021 32.25 Mn