Novanta (NOVT) Operating Leases (2019 - 2026)

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

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

Novanta has reported Operating Leases for 8 years, with the latest figure at $37.2 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Leases fell 3.75% year-over-year to $37.2 million; the trailing twelve-month figure through Apr 2026 stood at $37.2 million (down 3.75% YoY), and the FY2025 full-year result was $38.9 million, down 4.13% from the prior year.
  • Operating Leases for Q2 2026 stood at $37.2 million, down from $38.9 million in the prior quarter.
  • The five-year high for Operating Leases was $43.9 million in Q2 2022, with the low at $37.2 million in Q2 2026.
  • Historically, Operating Leases has averaged $40.5 million across 5 years, with a median of $40.7 million in 2023.
  • The largest YoY upside for Operating Leases was 41.88% in 2022 against a maximum downside of 10.7% in 2022.
  • Novanta's Operating Leases stood at $40.8 million in 2022, then decreased by 8.49% to $37.3 million in 2023, then gained by 8.58% to $40.5 million in 2024, then slipped by 4.13% to $38.9 million in 2025, then decreased by 4.19% to $37.2 million in 2026.
  • The last three Operating Leases figures came in at $37.2 million (Q2 2026), $38.9 million (Q4 2025), and $40.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 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
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn
10 Novanta 6.47 Bn 6.08 Bn 113.58 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