Novanta Inc. (NOVT)

Novanta Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	980.6	949.25	881.66	860.9	706.79
Revenue Growth (YoY)	3.30%	7.66%	2.41%	21.80%	19.67%
Cost of Revenue	545.32	527.7	481.77	482.43	406.47
Gross Profit	435.28	421.55	399.9	378.47	300.33
Selling, General & Admin	195.66	175.94	164.46	158.9	129.16
Depreciation & Amortization Expenses	27.48	25.79	20.45	26.34	16.58
Research & Development	95.48	95.52	91.68	85.77	72.52
Other Operating Expenses	22.65	13.71	12.81	4.38	18.02
Total Operating Expenses	341.27	310.96	289.4	275.39	236.27
Operating Income	94.01	110.58	110.5	103.08	64.05
Total Non-Operating Income (Expense)	-24.37	-31.52	-26.75	-15.92	-7.88
Pretax Income	69.64	79.07	83.75	87.16	56.17
Provision for Income Taxes	15.81	14.98	10.87	13.11	5.84
Net Income	53.83	64.09	72.88	74.05	50.33
Net Income to Common	53.83	64.09	72.88	74.05	50.33
Net Income Growth	-16.01%	-12.06%	-1.58%	47.13%	13.05%
Shares Outstanding (Basic)	37	36	36	36	35
Shares Outstanding (Diluted)	37	36	36	36	36
Shares Change (YoY)	1.60%	0.26%	0.34%	0.36%	0.36%
EPS (Basic)	1.47	1.78	2.03	2.08	1.42
EPS (Diluted)	1.47	1.77	2.02	2.06	1.41
EPS Growth	-16.95%	-12.38%	-1.94%	46.10%	12.80%
Free Cash Flow	48.43	141.35	100.11	71.14	74.65
Free Cash Flow Growth	-65.74%	41.19%	40.74%	-4.71%	-42.45%
Free Cash Flow Per Share	1.32	3.91	2.78	1.98	2.09
Gross Margin	44.39%	44.41%	45.36%	43.96%	42.49%
Operating Margin	9.59%	11.65%	12.53%	11.97%	9.06%
Profit Margin	5.49%	6.75%	8.27%	8.60%	7.12%
FCF Margin	4.94%	14.89%	11.36%	8.26%	10.56%
EBITDA	155.94	166.15	157.11	156.24	107.45
EBITDA Margin	15.90%	17.50%	17.82%	18.15%	15.20%
EBIT	94.01	110.58	110.5	103.08	64.05
EBIT Margin	9.59%	11.65%	12.53%	11.97%	9.06%
Effective Tax Rate	22.71%	18.94%	12.98%	15.04%	10.40%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q