Novanta (NOVTU) Capital Leases (2014 - 2026)

Novanta (NOVTU) reported Capital Leases of $2.1 million for Q2 2026, down 28.48% on a YoY basis from $3.0 million in Q2 2025, and down 9.28% quarter-over-quarter from $2.3 million in Q4 2025.

Novanta (NOVTU) Capital Leases (2014 - 2026) Analysis & Trends

Novanta has reported Capital Leases for 13 years, with the latest figure at $2.1 million in Q2 2026.

  • For the quarter ending Q2 2026, Capital Leases fell 28.48% year-over-year to $2.1 million; the trailing twelve-month figure through Apr 2026 stood at $2.1 million (down 28.48% YoY), and the FY2025 full-year result was $2.3 million, down 26.05% from the prior year.
  • Capital Leases for Q2 2026 stood at $2.1 million, down from $2.3 million in the prior quarter.
  • The five-year high for Capital Leases was $5.2 million in Q2 2022, with the low at $2.1 million in Q2 2026.
  • Historically, Capital Leases has averaged $3.7 million across 5 years, with a median of $3.7 million in 2024.
  • Annual changes were most pronounced in 2022 — Capital Leases decreased 10.54% — and 2026, when it fell 28.48%.
  • Novanta's Capital Leases stood at $4.7 million in 2022, then retreated by 15.43% to $3.9 million in 2023, then fell by 19.29% to $3.2 million in 2024, then dropped by 26.05% to $2.3 million in 2025, then dropped by 9.28% to $2.1 million in 2026.
  • The last three Capital Leases figures came in at $2.1 million (Q2 2026), $2.3 million (Q4 2025), and $2.6 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 - - 113.58 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 2.13 Mn
Dec 31, 2025 2.35 Mn
Sep 26, 2025 2.57 Mn
Jun 27, 2025 2.78 Mn
Mar 28, 2025 2.98 Mn
Dec 31, 2024 3.18 Mn
Sep 27, 2024 3.37 Mn
Jun 28, 2024 3.56 Mn
Mar 29, 2024 3.75 Mn
Dec 31, 2023 3.93 Mn
Sep 29, 2023 4.12 Mn
Jun 30, 2023 4.30 Mn
Mar 31, 2023 4.48 Mn
Dec 31, 2022 4.65 Mn
Sep 30, 2022 4.83 Mn
Jul 1, 2022 5.00 Mn
Apr 1, 2022 5.15 Mn
Dec 31, 2021 5.31 Mn
Oct 1, 2021 5.46 Mn
Jul 2, 2021 5.61 Mn