Novanta (NOVTU) Capital Leases (2014 - 2026)
Novanta's Capital Leases was $1.9 million in Q2 2026, down 31.5% from $2.78 million a year earlier and down 10.7% from the prior quarter.
Analysis
Novanta (NOVTU) Capital Leases (2014 - 2026) Analysis & Trends
At the end of FY2025, Capital Leases at Novanta came in at $2.35 million, down 26.0% from FY2024.
- Capital Leases has now declined for six consecutive years, with a five-year compound annual growth rate of -16.9% (FY2020 to FY2025).
- In earlier years, Capital Leases was $3.18 million in FY2024 (-19.3%), $3.93 million in FY2023 (-15.4%), $4.65 million in FY2022 (-12.4%) and $5.31 million in FY2021 (-10.1%).
- The Q2 2026 figure marks the lowest quarterly Capital Leases in data going back to Q4 2014.
- Compared with a year earlier, Capital Leases has declined for 25 straight quarters, with an average decline of 23.7% over the last eight quarters.
- Over the past five years, the year-over-year decline in Capital Leases ranged from 9.8% (Q3 2021) to 31.5% (Q2 2026).
- Per Business Quant data, NOVTU's Capital Leases in the three quarters before Q2 2026 was $2.13 million (Q1 2026), $2.35 million (Q4 2025) and $2.57 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 1.90 Mn |
| 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 |
API Access
Novanta Capital 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=capital-leases&ticker=NOVTU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "ticker": "NOVTU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-leases&ticker=NOVTU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();