Novanta Q2 revenue rises 2% to $241 million; GAAP net income falls to $4.5 million
Novanta reported second-quarter 2025 results, with GAAP revenue up 2% to $241 million but GAAP net income down to $4.5 million from $13.8 million a year earlier. Adjusted diluted EPS rose to $0.76 from $0.73, and the company updated its full-year 2025 guidance and gave third-quarter guidance. The mix of higher revenue and adjusted earnings alongside a sharp fall in GAAP profit and operating cash flow leaves the picture mixed for shareholders.
Key points
- GAAP revenue rose 2.2% to $241.0 million; organic revenue growth was (2.1)%, with acquisitions adding 2.3% and currency adding 2.0%.
- GAAP diluted EPS was $0.12 versus $0.38, and GAAP operating income was $14.9 million versus $25.7 million, with restructuring, acquisition and related costs of $12.6 million.
- Adjusted diluted EPS was $0.76 versus $0.73, and adjusted EBITDA was $52.2 million versus $51.1 million.
- Full-year 2025 guidance: GAAP revenue of $970 million to $985 million, adjusted EBITDA of $225 million to $230 million, and adjusted diluted EPS of $3.22 to $3.36. Third-quarter guidance: revenue of $244 million to $247 million and adjusted
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.