Novanta (NOVTU) Operating Leases (2019 - 2026)
Novanta (NOVTU) 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 (NOVTU) 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 | - | - | 113.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |