NOVT
Novanta Inc
NASDAQ: NOVT · TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS
$120.89
-6.27% today
Updated 2026-04-29
Market cap
$4.30B
P/E ratio
82.24
P/S ratio
4.39x
EPS (TTM)
$1.47
Dividend yield
—
52W range
$98 – $150
Volume
0.4M
Novanta Inc (NOVT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $313.61M | $291.08M | $288.47M | $288.47M | $383.52M | $366.28M | $271.50M | $341.61M | $364.71M | $373.60M | $384.76M | $521.29M | $614.34M | $626.10M | $590.62M | $706.79M | $860.90M | $881.66M | $949.25M | $980.60M |
| Revenue growth (YoY) | — | -7.2% | -0.9% | +0.0% | +32.9% | -4.5% | -25.9% | +25.8% | +6.8% | +2.4% | +3.0% | +35.5% | +17.8% | +1.9% | -5.7% | +19.7% | +21.8% | +2.4% | +7.7% | +3.3% |
| Cost of revenue | $183.45M | $177.95M | $190.85M | $190.85M | $217.12M | $205.90M | $157.02M | $202.16M | $214.54M | $215.71M | $222.31M | $300.76M | $352.81M | $364.01M | $346.11M | $406.46M | $482.43M | $481.76M | $527.70M | $545.32M |
| Gross profit | $130.16M | $113.13M | $97.62M | $97.62M | $166.40M | $160.38M | $114.48M | $139.45M | $150.17M | $157.89M | $162.45M | $220.53M | $261.53M | $262.08M | $244.52M | $300.33M | $378.47M | $399.90M | $421.55M | $435.28M |
| Gross margin | 41.5% | 38.9% | 33.8% | 33.8% | 43.4% | 43.8% | 42.2% | 40.8% | 41.2% | 42.3% | 42.2% | 42.3% | 42.6% | 41.9% | 41.4% | 42.5% | 44.0% | 45.4% | 44.4% | 44.4% |
| R&D | $30.64M | $30.49M | $45.59M | $45.59M | $29.86M | $31.97M | $22.39M | $26.35M | $28.95M | $31.04M | $32.00M | $41.67M | $51.02M | $55.97M | $61.00M | $72.52M | $85.77M | $91.68M | $95.52M | $95.48M |
| SG&A | $64.87M | $60.13M | $65.90M | $65.90M | $727000.00 | $296000.00 | $65.58M | $81.45M | $84.38M | $82.05M | $81.69M | $102.03M | $115.90M | $118.41M | $109.85M | $129.16M | $158.90M | $161.47M | $175.94M | $195.66M |
| Operating income | $28.42M | $22.65M | $-19.59M | $-245.13M | $53.91M | $43.94M | $15.01M | $19.45M | $-16.81M | $28.93M | $32.95M | $57.57M | $71.01M | $55.28M | $55.89M | $64.05M | $103.08M | $110.50M | $110.58M | $116.66M |
| Operating margin | 9.1% | 7.8% | -6.8% | -85.0% | 14.1% | 12.0% | 5.5% | 5.7% | -4.6% | 7.7% | 8.6% | 11.0% | 11.6% | 8.8% | 9.5% | 9.1% | 12.0% | 12.5% | 11.6% | 11.9% |
| EBITDA | $43.38M | $36.76M | $-13.88M | $-222.59M | $53.91M | $53.52M | $37.09M | $44.40M | $50.37M | $56.52M | $61.43M | $100.25M | $116.06M | $110.14M | $97.99M | $125.47M | $160.62M | $169.92M | $179.86M | $153.05M |
| EBITDA margin | 13.8% | 12.6% | -4.8% | -77.2% | 14.1% | 14.6% | 13.7% | 13.0% | 13.8% | 15.1% | 16.0% | 19.2% | 18.9% | 17.6% | 16.6% | 17.8% | 18.7% | 19.3% | 18.9% | 15.6% |
| EBIT | $28.53M | $22.30M | $-19.59M | $-241.49M | $38.26M | $38.25M | $24.63M | $24.20M | $26.57M | $37.40M | $41.07M | $69.49M | $79.01M | $71.86M | $59.70M | $82.07M | $107.46M | $123.31M | $124.29M | $91.11M |
| Interest expense | $821000.00 | $128000.00 | $0.00 | $10.39M | $19.91M | $11.96M | $2.79M | $3.46M | $5.10M | $5.18M | $4.56M | $7.17M | $9.81M | $8.49M | $6.56M | $7.39M | $15.62M | $25.82M | $31.49M | $21.47M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $21.74M | $15.15M | $-203.85M | $-203.85M | $-687000.00 | $28.97M | $19.54M | $7.31M | $-24.25M | $35.62M | $22.00M | $60.05M | $49.11M | $40.77M | $44.52M | $50.33M | $74.05M | $72.88M | $64.09M | $53.83M |
| Net income growth (YoY) | — | -30.3% | -1445.1% | +0.0% | +99.7% | +4317.3% | -32.6% | -62.6% | -431.8% | +246.9% | -38.2% | +172.9% | -18.2% | -17.0% | +9.2% | +13.1% | +47.1% | -1.6% | -12.1% | -16.0% |
| Profit margin | 6.9% | 5.2% | -70.7% | -70.7% | -0.2% | 7.9% | 7.2% | 2.1% | -6.6% | 9.5% | 5.7% | 11.5% | 8.0% | 6.5% | 7.5% | 7.1% | 8.6% | 8.3% | 6.8% | 5.5% |