Novanta Inc (NOVT) financials
Novanta revenue and earnings by year
Novanta's revenue was $981 million in the fiscal year to December 31, 2025, up 3.3% from the year before. Net income was $53.8 million, 5.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 11.0% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 981 | 949 | 882 | 861 | 707 | 591 | 626 | 614 | 521 | 385 |
| Revenue growth | 3.3% | 7.7% | 2.4% | 21.8% | 19.7% | -5.7% | 1.9% | 17.8% | 35.5% | — |
| Gross profit | 435 | 422 | 400 | 378 | 300 | 245 | 262 | 262 | 221 | 162 |
| Gross margin | 44.4% | 44.4% | 45.4% | 44.0% | 42.5% | 41.4% | 41.9% | 42.6% | 42.3% | 42.2% |
| Operating income | 94 | 111 | 110 | 103 | 64 | 56 | 55 | 71 | 58 | 33 |
| Operating margin | 9.6% | 11.6% | 12.5% | 12.0% | 9.1% | 9.5% | 8.8% | 11.6% | 11.0% | 8.6% |
| Net income | 54 | 64 | 73 | 74 | 50 | 45 | 41 | 49 | 60 | 22 |
| Net margin | 5.5% | 6.8% | 8.3% | 8.6% | 7.1% | 7.5% | 6.5% | 8.0% | 11.5% | 5.7% |
| Diluted EPS | $1.47 | $1.77 | $2.02 | $2.06 | $1.41 | $1.25 | $1.15 | $1.43 | — | $0.63 |
| Free cash flow | 54 | 142 | 100 | 71 | 75 | 130 | 53 | 75 | 54 | 46 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open NOVT in Markets.
How Novanta makes money
Revenue by segment in the quarter to July 3, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Automation Enabling Technologies | $136M | 51.2% |
| Medical Solutions | $130M | 48.8% |
See also: NOVT valuation and P/E history · NOVT returns
No forecast, no recommendation. This page describes Novanta Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.