Novanta Inc (NOVT) Financial Statements
Industry: Miscellaneous Electrical Machinery, Equipment & Supplies
In fiscal 2025, Novanta reported revenue of $980.6M, up 3.3% from $949.2M the year before. Net income was $53.8M (a 5.5% net margin), or $1.47 per diluted share. Gross margin was 44.4% and operating margin was 9.6%. Operating activities generated $64.1M of cash, leaving $48.4M of free cash flow. At fiscal year end, Novanta held $1.81B in total assets against $492.8M in total liabilities, including $380.9M of cash and equivalents.
Open the full interactive Novanta financials → Quarterly statements, key ratios, valuation history and price charts.
Novanta Key Stats
| Share Price | $145.55 |
|---|---|
| Market Cap | $5.99B |
| P/E Ratio | 99.0 |
| Revenue YoY Growth | +3.3% |
| 52-Week Range | $99.22 – $168.75 |
| Shares Outstanding | 41.0 million (basic, 2026 Q2) |
Novanta Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $590.6M | $706.8M | $860.9M | $881.7M | $949.2M | $980.6M |
| Cost of Goods Sold | $346.1M | $406.5M | $482.4M | $481.8M | $527.7M | $545.3M |
| Gross Profit | $244.5M | $300.3M | $378.5M | $399.9M | $421.5M | $435.3M |
| Operating Income | $55.9M | $64.1M | $103.1M | $110.5M | $110.6M | $94.0M |
| Pre-Tax Income | $48.4M | $56.2M | $87.2M | $83.7M | $79.1M | $69.6M |
| Income Tax | $3.9M | $5.8M | $13.1M | $10.9M | $15.0M | $15.8M |
| Net Income | $44.5M | $50.3M | $74.1M | $72.9M | $64.1M | $53.8M |
| Diluted EPS | $1.25 | $1.41 | $2.06 | $2.02 | $1.77 | $1.47 |
Novanta Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $247.8M | $258.3M | $257.7M | $265.8M |
| Net Income | $10.7M | $17.5M | $21.1M | $12.5M |
| Diluted EPS | $0.30 | $0.48 | $0.51 | $0.30 |
Novanta Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $125.1M | $117.4M | $100.1M | $105.1M | $114.0M | $380.9M |
| Current Assets | $304.2M | $373.8M | $420.5M | $415.3M | $433.6M | $782.6M |
| Total Assets | $865.2M | $1.23B | $1.24B | $1.23B | $1.39B | $1.81B |
| Current Liabilities | $114.2M | $183.9M | $164.5M | $139.2M | $167.8M | $212.4M |
| Total Long-Term Debt | $200.4M | $434.5M | $435.5M | $354.4M | $416.6M | $250.8M |
| Total Liabilities | $388.4M | $706.6M | $663.6M | $552.6M | $642.8M | $492.8M |
| Shareholders' Equity | $476.8M | $521.3M | $577.6M | $673.5M | $745.7M | $1.31B |
Novanta Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $140.2M | $94.6M | $90.8M | $120.1M | $158.5M | $64.1M |
| Cash From Investing | -$13.2M | -$306.7M | -$42.5M | -$19.9M | -$208.2M | -$74.3M |
| Cash From Financing | -$84.4M | $204.8M | -$60.2M | -$97.9M | $56.9M | $276.3M |
| Free Cash Flow | $129.7M | $74.6M | $71.1M | $100.1M | $141.3M | $48.4M |
Figures from Novanta's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Novanta financials page for every line item.
Novanta Company Profile
| Ticker | NOVT |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Electrical Machinery, Equipment & Supplies |
| Headquarters | Bedford, Massachusetts |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001076930 |
Frequently Asked Questions
What was Novanta's revenue in fiscal 2025?
Novanta (NOVT) reported revenue of $980.6M for fiscal 2025.
What is Novanta's annual revenue history?
Novanta's annual revenue by fiscal year: 2020: $590.6M; 2021: $706.8M; 2022: $860.9M; 2023: $881.7M; 2024: $949.2M; 2025: $980.6M.
What was Novanta's net income in fiscal 2025?
Novanta reported net income of $53.8M for fiscal 2025.
What was Novanta's earnings per share (EPS) in fiscal 2025?
Novanta's diluted EPS was $1.47 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Novanta generate in fiscal 2025?
Novanta generated $48.4M of free cash flow in fiscal 2025.
What was Novanta's revenue last quarter?
In its most recent reported quarter (2026 Q2), Novanta reported revenue of $265.8M.
How much debt does Novanta have?
Novanta reported $250.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Novanta are outstanding?
Novanta reported a weighted average of 41.0 million basic shares outstanding in 2026 Q2.
What is Novanta's market cap?
Based on its latest closing price, Novanta (NOVT) has a market capitalization of about $5.99B.
When does Novanta's fiscal year end?
Novanta's fiscal year end, as registered with the SEC, is December 31.
Where is Novanta headquartered?
Novanta lists its business address in Bedford, Massachusetts in its SEC filings.
Novanta Competitors & Similar Companies
See all 32 Miscellaneous Electrical Machinery, Equipment & Supplies companies →