Novanta Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 26, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	960.31	949.25	881.66	860.9	706.79	590.62
Revenue Growth (YoY)	4.07%	7.66%	2.41%	21.80%	19.67%	-5.67%
Cost of Revenue	527.29	524.92	481.77	482.27	405.05	345.92
Gross Profit	433.02	424.32	399.9	378.63	301.74	244.71
Selling, General & Admin	187.95	176.52	165.23	158.7	129.55	109.96
Research & Development	97.9	95.52	91.68	85.77	72.52	61
Amortization of Goodwill & Intangibles	25.9	25.79	20.45	26.34	16.58	13.97
Operating Expenses	311.75	297.83	277.35	270.8	218.65	184.93
Operating Income	121.27	126.5	122.55	107.83	83.09	59.78
Interest Expense	-24.36	-31.49	-25.82	-15.62	-7.39	-6.56
Currency Exchange Gain (Loss)	-1.9	0.41	-0.26	0.07	-0.13	-0.94
Other Non Operating Income (Expenses)	-0.29	0.13	0.09	-0.58	0.03	0.13
EBT Excluding Unusual Items	94.72	95.55	96.56	91.7	75.6	52.4
Merger & Restructuring Charges	-25.96	-16.49	-12.81	-4.54	-19.43	-4
Pretax Income	68.76	79.07	83.75	87.16	56.17	48.4
Income Tax Expense	15.94	14.98	10.87	13.11	5.84	3.88
Earnings From Continuing Operations	52.82	64.09	72.88	74.05	50.33	44.52
Net Income to Company	52.82	64.09	72.88	74.05	50.33	44.52
Net Income	52.82	64.09	72.88	74.05	50.33	44.52
Net Income to Common	52.82	64.09	72.88	74.05	50.33	44.52
Net Income Growth	-12.16%	-12.06%	-1.58%	47.13%	13.05%	9.19%
Shares Outstanding (Basic)	36	36	36	36	35	35
Shares Outstanding (Diluted)	36	36	36	36	36	36
Shares Change (YoY)	-0.00%	0.26%	0.34%	0.36%	0.36%	0.30%
EPS (Basic)	1.47	1.78	2.03	2.08	1.42	1.27
EPS (Diluted)	1.46	1.77	2.02	2.06	1.41	1.25
EPS Growth	-12.05%	-12.38%	-1.94%	46.10%	12.80%	8.70%
Free Cash Flow	102.61	141.35	100.11	71.14	74.65	129.72
Free Cash Flow Per Share	2.84	3.91	2.78	1.98	2.09	3.64
Gross Margin	45.09%	44.70%	45.36%	43.98%	42.69%	41.43%
Operating Margin	12.63%	13.33%	13.90%	12.53%	11.76%	10.12%
Profit Margin	5.50%	6.75%	8.27%	8.60%	7.12%	7.54%
Free Cash Flow Margin	10.69%	14.89%	11.36%	8.26%	10.56%	21.96%
EBITDA	180.49	182.06	169.16	160.99	126.49	98.07
EBITDA Margin	18.80%	19.18%	19.19%	18.70%	17.90%	16.60%
D&A For EBITDA	59.22	55.56	46.61	53.16	43.39	38.29
EBIT	121.27	126.5	122.55	107.83	83.09	59.78
EBIT Margin	12.63%	13.33%	13.90%	12.53%	11.76%	10.12%
Effective Tax Rate	23.18%	18.95%	12.98%	15.04%	10.40%	8.02%

Updated Sep 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q