Lessor Leases

12 Months Ended

Dec. 31, 2025

Sales-Type Leases

The following table presents the Company’s income recognized from sales-type leases:


	Year Ended December 31,
	2025		2024		2023

	(In thousands)
Sales-type lease revenues	$	26,903	$	31,624	$	36,208
Cost of sales-type lease revenues	(14,242)		(18,518)		(18,093)
Selling profit on sales-type lease revenues	$	12,661	$	13,106	$	18,115

The receivables as a result of these types of transactions are collateralized by the underlying equipment leased and consist of the following components:


	December 31,
	2025		2024

	(In thousands)
Net minimum lease payments to be received	$	88,372	$	77,976
Less: Unearned interest income portion	(12,982)		(12,757)
Net investment in sales-type leases	75,390		65,219
Less: Current portion (1)	(14,648)		(12,475)
Long-term investment in sales-type leases, net	$	60,742	$	52,744

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(1) The current portion of the net investment in sales-type leases is included in other current assets in the Consolidated Balance Sheets.

The carrying amount of the Company’s sales-type lease receivables is a reasonable estimate of fair value.

The maturity schedule of future minimum lease payments under sales-type leases retained in-house and the reconciliation to the net investment in sales-type leases reported on the Consolidated Balance Sheets was as follows:


	December 31, 2025

	(In thousands)
2026	$	17,859
2027	17,052
2028	15,968
2029	13,375
2030	10,181
Thereafter	13,937
Total future minimum sales-type lease payments	88,372
Present value adjustment	(12,982)
Total net investment in sales-type leases	$	75,390

Lessor Leases

OMNICELL, INC. 10-K