Novanta (NOVT)

Nasdaq Information Technology Electronic Equipment & Instruments S&P MidCap 400

$135.15

+3.33 (+2.53%)

Close of Nov 06, 2026 · end-of-day data

Source: Novanta's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$384.76M	$521.29M	$614.34M	$626.10M	$590.62M	$706.79M	$860.90M	$881.66M	$949.25M	$980.60M
Cost of revenue	$222.31M	$300.76M	$352.81M	$364.01M	$346.11M	$406.46M	$482.43M	$481.76M	$527.70M	$545.32M
Gross profit	$162.45M	$220.53M	$261.53M	$262.08M	$244.52M	$300.33M	$378.47M	$399.90M	$421.55M	$435.28M
Research & development	$32.00M	$41.67M	$51.02M	$55.97M	$61.00M	$72.52M	$85.77M	$91.68M	$95.52M	$95.48M
Selling, general & admin	$81.30M	$101.65M	$115.90M	$118.41M	$109.85M	$129.16M	$158.90M	$164.46M	$175.94M	$195.66M
Operating income	$32.95M	$57.57M	$71.01M	$55.28M	$55.89M	$64.05M	$103.08M	$110.50M	$110.58M	$94.01M
Pre-tax income	$32.52M	$76.13M	$61.30M	$45.77M	$48.40M	$56.17M	$87.16M	$83.75M	$79.07M	$69.64M
Income tax	$10.52M	$13.83M	$10.21M	$4.99M	$3.88M	$5.84M	$13.11M	$10.87M	$14.98M	$15.81M
Net income	$22.00M	$60.05M	$49.11M	$40.77M	$44.52M	$50.33M	$74.05M	$72.88M	$64.09M	$53.83M
EBITDA	$53.93M	$88.32M	$108.06M	$93.56M	$94.18M	$107.45M	$156.24M	$157.11M	$166.15M	$155.94M
EPS (basic)	$0.63	$1.14	$1.46	$1.16	$1.27	$1.42	$2.08	$2.03	$1.78	$1.47
EPS (diluted)	$0.63	$1.13	$1.43	$1.15	$1.25	$1.41	$2.06	$2.02	$1.77	$1.47
Diluted shares	34.91M	35.28M	35.47M	35.55M	35.65M	35.78M	35.91M	36.03M	36.12M	36.70M
Gross margin	42.2%	42.3%	42.6%	41.9%	41.4%	42.5%	44.0%	45.4%	44.4%	44.4%
Operating margin	8.6%	11.0%	11.6%	8.8%	9.5%	9.1%	12.0%	12.5%	11.6%	9.6%
Net margin	5.7%	11.5%	8.0%	6.5%	7.5%	7.1%	8.6%	8.3%	6.8%	5.5%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$68.11M	$100.06M	$82.04M	$78.94M	$125.05M	$117.39M	$100.11M	$105.05M	$113.99M	$380.87M
Receivables	$63.77M	$81.48M	$83.95M	$91.08M	$75.05M	$115.62M	$137.70M	$139.41M	$151.03M	$184.88M
Inventory	$59.74M	$91.28M	$104.76M	$116.62M	$92.74M	$125.66M	$168.00M	$149.37M	$144.61M	$188.28M
Total current assets	$199.25M	$287.88M	$281.77M	$304.51M	$304.17M	$373.82M	$420.52M	$415.30M	$433.65M	$782.60M
Goodwill	$108.13M	$210.99M	$217.66M	$274.71M	$285.98M	$479.50M	$478.90M	$484.51M	$584.10M	$647.35M
Total assets	$425.64M	$726.70M	$719.58M	$869.74M	$865.18M	$1.23B	$1.24B	$1.23B	$1.39B	$1.81B
Total current liabilities	$70.50M	$98.17M	$104.20M	$134.85M	$114.23M	$183.94M	$164.52M	$139.18M	$167.79M	$212.37M
Short-term debt	$7.37M	$9.12M	$4.54M	$5.03M	$5.51M	$5.10M	$4.80M	$4.97M	$4.69M	$38.29M
Long-term debt	$70.55M	$225.50M	$202.84M	$215.33M	$194.93M	$429.36M	$430.66M	$349.40M	$411.95M	$212.54M
Total debt	$77.92M	$234.62M	$207.38M	$220.37M	$200.44M	$434.46M	$435.46M	$354.37M	$416.64M	$250.83M
Total liabilities	$166.77M	$368.24M	$351.32M	$452.56M	$388.37M	$706.59M	$663.63M	$552.60M	$642.81M	$492.82M
Shareholders' equity	$258.87M	$311.55M	$368.25M	$417.17M	$476.81M	$521.29M	$577.59M	$673.46M	$745.70M	$1.31B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$47.79M	$63.38M	$89.65M	$63.25M	$140.24M	$94.62M	$90.78M	$120.08M	$158.51M	$64.06M
Capital expenditures	$8.46M	$9.09M	$14.66M	$10.74M	$10.52M	$19.98M	$19.64M	$19.96M	$17.16M	$15.63M
Free cash flow	$39.33M	$54.28M	$74.99M	$52.51M	$129.72M	$74.65M	$71.14M	$100.11M	$141.35M	$48.43M
Investing cash flow	-$12.87M	-$177.38M	-$45.59M	-$63.84M	-$13.16M	-$306.70M	-$42.54M	-$19.89M	-$208.19M	-$74.32M
Financing cash flow	-$23.19M	$143.33M	-$60.16M	-$3.94M	-$84.36M	$204.75M	-$60.15M	-$97.85M	$56.94M	$276.33M
Share buybacks	$1.63M	$370.00K	$5.85M	$10.00M	$5.50M	—	$10.00M	—	—	$39.28M
Stock-based compensation	$4.29M	$5.49M	$7.71M	$9.34M	$23.12M	$25.61M	$23.11M	$25.59M	$23.31M	$29.54M
Depreciation & amortization	$20.97M	$30.76M	$37.05M	$38.28M	$38.29M	$43.39M	$53.16M	$46.61M	$55.56M	$61.93M

Income statement

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Apr 2026	Jul 2026
Revenue	$221.50M	$211.57M	$230.92M	$235.86M	$244.41M	$238.06M	$233.37M	$241.05M	$247.84M	$258.35M	$257.71M	$265.81M
Cost of revenue	$119.91M	$115.01M	$130.50M	$132.18M	$135.19M	$129.84M	$129.01M	$134.30M	$136.91M	$145.09M	$144.13M	$144.89M
Gross profit	$101.59M	$96.56M	$100.42M	$103.69M	$109.22M	$108.22M	$104.35M	$106.75M	$110.92M	$113.26M	$113.58M	$120.92M
Research & development	$22.02M	$23.45M	$23.25M	$23.73M	$23.25M	$25.29M	$23.24M	$25.29M	$24.09M	$22.87M	$23.25M	$23.97M
Selling, general & admin	$39.65M	$41.70M	$43.53M	$44.79M	$44.32M	$43.30M	$45.60M	$47.10M	$51.38M	$51.58M	$54.41M	$59.97M
Operating income	$30.31M	$21.68M	$25.61M	$25.71M	$32.55M	$26.71M	$32.42M	$14.91M	$21.85M	$24.83M	$27.54M	$18.06M
Pre-tax income	$22.99M	$15.75M	$16.92M	$17.13M	$24.23M	$20.80M	$26.42M	$5.79M	$15.76M	$21.68M	$26.35M	$15.90M
Income tax	$1.77M	$3.23M	$2.24M	$3.38M	$5.03M	$4.33M	$5.21M	$1.29M	$5.11M	$4.21M	$5.25M	$3.36M
Net income	$21.22M	$12.51M	$14.68M	$13.76M	$19.19M	$16.46M	$21.21M	$4.50M	$10.65M	$17.47M	$21.10M	$12.54M
EBITDA	$41.71M	$33.22M	$38.54M	$39.83M	$46.71M	$41.07M	$45.98M	$30.49M	$37.56M	$41.91M	$41.70M	$32.71M
EPS (basic)	$0.59	$0.35	$0.41	$0.38	$0.53	$0.45	$0.59	$0.12	$0.30	$0.46	$0.52	$0.31
EPS (diluted)	$0.59	$0.34	$0.41	$0.38	$0.53	$0.45	$0.59	$0.12	$0.30	$0.46	$0.51	$0.30
Diluted shares	36.04M	7.00K	36.13M	36.09M	36.13M	8.00K	36.13M	36.08M	36.04M	620.00K	41.16M	41.16M
Gross margin	45.9%	45.6%	43.5%	44.0%	44.7%	45.5%	44.7%	44.3%	44.8%	43.8%	44.1%	45.5%
Operating margin	13.7%	10.2%	11.1%	10.9%	13.3%	11.2%	13.9%	6.2%	8.8%	9.6%	10.7%	6.8%
Net margin	9.6%	5.9%	6.4%	5.8%	7.9%	6.9%	9.1%	1.9%	4.3%	6.8%	8.2%	4.7%

Balance sheet

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Apr 2026	Jul 2026
Cash & equivalents	$75.96M	$105.05M	$93.52M	$98.47M	$92.69M	$113.99M	$106.05M	$109.91M	$89.22M	$380.87M	$388.80M	$718.65M
Receivables	$143.09M	$139.41M	$150.91M	$145.03M	$164.50M	$151.03M	$164.20M	$161.20M	$170.56M	$184.88M	$173.93M	$178.75M
Inventory	$153.81M	$149.37M	$161.37M	$160.04M	$154.02M	$144.61M	$145.44M	$168.06M	$179.98M	$188.28M	$193.14M	$192.71M
Total current assets	$391.32M	$415.30M	$428.82M	$424.79M	$436.93M	$433.65M	$434.14M	$462.10M	$468.42M	$782.60M	$786.80M	$1.12B
Goodwill	$477.64M	$484.51M	$589.86M	$587.03M	$594.09M	$584.10M	$589.05M	$649.09M	$647.51M	$647.35M	$643.38M	$642.37M
Total assets	$1.19B	$1.23B	$1.41B	$1.40B	$1.42B	$1.39B	$1.39B	$1.51B	$1.51B	$1.81B	$1.80B	$2.14B
Total current liabilities	$138.39M	$139.18M	$151.41M	$153.47M	$156.60M	$167.79M	$169.59M	$181.94M	$186.86M	$212.37M	$220.79M	$245.88M
Short-term debt	$4.74M	$4.97M	$4.85M	$4.81M	$5.02M	$4.69M	$4.85M	$5.20M	$5.68M	$38.29M	$40.42M	$41.50M
Long-term debt	$347.88M	$349.40M	$508.86M	$477.11M	$452.50M	$411.95M	$385.28M	$454.04M	$445.66M	$212.54M	$201.00M	$188.16M
Total debt	$352.62M	$354.37M	$513.71M	$481.93M	$457.52M	$416.64M	$390.13M	$459.24M	$451.34M	$250.83M	$241.42M	$229.66M
Total liabilities	$549.42M	$552.60M	$728.88M	$696.58M	$676.63M	$642.81M	$615.70M	$709.62M	$704.34M	$492.82M	$488.03M	$523.11M
Shareholders' equity	$644.86M	$673.46M	$681.72M	$701.99M	$742.20M	$745.70M	$769.75M	$801.45M	$801.48M	$1.31B	$1.31B	$1.62B

Cash flow

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Apr 2026	Jul 2026
Operating cash flow	$44.64M	$38.99M	$32.83M	$41.09M	$23.03M	$61.56M	$31.68M	$15.07M	$8.49M	$8.80M	$51.61M	$64.93M
Capital expenditures	$6.79M	$6.22M	$6.42M	$4.94M	$3.56M	$2.25M	$4.28M	$3.39M	$4.28M	$3.67M	$4.14M	$7.47M
Free cash flow	$37.85M	$32.77M	$26.41M	$36.16M	$19.46M	$59.31M	$27.40M	$11.68M	$4.21M	$5.13M	$47.47M	$57.47M
Investing cash flow	-$6.79M	-$6.15M	-$197.62M	-$4.94M	-$3.56M	-$2.08M	$1.25M	-$66.56M	-$5.40M	-$3.61M	-$3.79M	-$7.47M
Financing cash flow	-$51.96M	-$5.07M	$153.46M	-$32.02M	-$28.88M	-$35.62M	-$42.73M	$54.83M	-$23.42M	$287.65M	-$40.12M	$270.60M
Share buybacks	—	—	—	—	—	—	$6.16M	$0	$14.06M	$19.07M	$18.64M	$0
Stock-based compensation	$6.04M	$7.21M	$6.08M	$6.23M	$6.36M	$4.63M	$7.10M	$7.50M	$6.70M	$8.24M	$9.80M	$9.84M
Depreciation & amortization	$11.40M	$11.55M	$12.93M	$14.12M	$14.15M	$14.36M	$13.56M	$15.58M	$15.71M	$17.08M	$14.16M	$14.65M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.