Novanta Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,005	980.6	949.25	881.66	860.9	706.79
Revenue Growth (YoY)	5.59%	3.30%	7.66%	2.41%	21.80%	19.67%
Cost of Revenue	560.43	545.32	527.7	481.77	482.43	406.47
Gross Profit	444.51	435.28	421.55	399.9	378.47	300.33
Selling, General & Admin	204.47	195.66	175.94	164.46	158.9	129.16
Depreciation & Amortization Expenses	27.7	27.48	25.79	20.45	26.34	16.58
Research & Development	95.5	95.48	95.52	91.68	85.77	72.52
Other Operating Expenses	27.71	22.65	13.71	12.81	4.38	18.02
Total Operating Expenses	355.38	341.27	310.96	289.4	275.39	236.27
Operating Income	89.13	94.01	110.58	110.5	103.08	64.05
Total Non-Operating Income (Expense)	-19.55	-24.37	-31.52	-26.75	-15.92	-7.88
Pretax Income	69.58	69.64	79.07	83.75	87.16	56.17
Provision for Income Taxes	15.86	15.81	14.98	10.87	13.11	5.84
Net Income	53.72	53.83	64.09	72.88	74.05	50.33
Net Income to Common	53.72	53.83	64.09	72.88	74.05	50.33
Net Income Growth	-23.93%	-16.01%	-12.06%	-1.58%	47.13%	13.05%
Shares Outstanding (Basic)	38	37	36	36	36	35
Shares Outstanding (Diluted)	38	37	36	36	36	36
Shares Change (YoY)	5.16%	1.60%	0.26%	0.34%	0.36%	0.36%
EPS (Basic)	1.40	1.47	1.78	2.03	2.08	1.42
EPS (Diluted)	1.38	1.47	1.77	2.02	2.06	1.41
EPS Growth	-29.59%	-16.95%	-12.38%	-1.94%	46.10%	12.80%
Shares Outstanding	35.61	35.67	35.94	35.81	35.71	35.6
Free Cash Flow	68.5	48.43	141.35	100.11	71.14	74.65
Free Cash Flow Growth	41.44%	-65.74%	41.19%	40.74%	-4.71%	-42.45%
Free Cash Flow Per Share	1.80	1.32	3.91	2.78	1.98	2.09
Gross Margin	44.23%	44.39%	44.41%	45.36%	43.96%	42.49%
Operating Margin	8.87%	9.59%	11.65%	12.53%	11.97%	9.06%
Profit Margin	5.35%	5.49%	6.75%	8.27%	8.60%	7.12%
FCF Margin	6.82%	4.94%	14.89%	11.36%	8.26%	10.56%
EBITDA	151.66	155.94	166.15	157.11	156.24	107.45
EBITDA Margin	15.09%	15.90%	17.50%	17.82%	18.15%	15.20%
EBIT	89.13	94.01	110.58	110.5	103.08	64.05
EBIT Margin	8.87%	9.59%	11.65%	12.53%	11.97%	9.06%
Effective Tax Rate	22.79%	22.71%	18.94%	12.98%	15.04%	10.40%

SEC Filings: 10-K · 10-Q