Novanta (NOVT) Operating Leases (2019 - 2026)
Novanta (NOVT) reported Operating Leases of $43.29 million for Q2 2026, up 5.4% from $41.09 million a year earlier and up 16.2% from the prior quarter.
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Analysis
Novanta (NOVT) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Novanta posted Operating Leases of $38.87 million, down 4.1% from FY2024.
- Operating Leases has a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- By year, Operating Leases came in at $40.55 million in FY2024 (+8.6%), $37.35 million in FY2023 (-8.5%), $40.81 million in FY2022 (-10.7%) and $45.7 million in FY2021 (+39.3%).
- The Q2 2026 figure ranks as the highest quarterly Operating Leases since Q1 2022.
- Year over year, Operating Leases gained in three of the last eight quarters, with growth averaging 0.1%.
- The high point for year-over-year Operating Leases in five years was Q1 2022 (growth of 41.9%); the low point was Q4 2022 (a decline of 10.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $37.24 million (Q1 2026), $38.87 million (Q4 2025) and $40.41 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn |
| 10 | Novanta | 5.72 Bn | 4.14 Bn | 120.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 43.29 Mn |
| 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 |
API Access
Novanta 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=NOVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "NOVT", "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=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();