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| Date | Value |
|---|---|
| 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 |