Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
135.55
+4.02 (3.06%)
Oct 20, 2026, 1:10 PM EDT - Market open

Novanta Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,030980.6949.25881.66860.9706.79
Revenue Growth
7.61%3.30%7.66%2.41%21.80%19.67%
Gross Profit
458.68435.28424.32399.9378.63301.74
Operating Income
119.36116.1126.5122.55107.8383.09
Net Income
61.7653.8364.0972.8874.0550.33
Earnings Per Share
1.581.471.772.022.061.41
EPS Growth
-6.40%-16.95%-12.38%-1.94%46.10%12.80%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22
Automation Enabling Technologies
523.46500.84490.62499.22534.09
Medical Solutions
506.24479.77458.63382.44326.81
Revenue (Total)
1,030980.6949.25881.66860.9

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
718.65380.87113.99105.05100.11117.39
Total Debt
285.6302.74471404.56489.38493.4
Net Cash (Debt)
433.0578.14-357.01-299.51-389.28-376.01
Net Cash Growth
------
Net Cash Per Share
11.082.13-9.88-8.31-10.84-10.51

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
133.8464.06158.51120.0890.7894.63
Capital Expenditures
-19.56-15.63-17.16-19.96-19.64-19.98
Free Cash Flow
114.2848.43141.35100.1171.1474.65
Free Cash Flow Growth
-3.04%-65.74%41.19%40.74%-4.71%-42.45%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
44.55%44.39%44.70%45.36%43.98%42.69%
Operating Margin
11.59%11.84%13.33%13.90%12.53%11.76%
Pretax Margin
7.74%7.10%8.33%9.50%10.12%7.95%
Profit Margin
6.00%5.49%6.75%8.27%8.60%7.12%
FCF Margin
11.10%4.94%14.89%11.36%8.26%10.56%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
86.0579.0885.6382.7565.49124.72
Forward PE
34.1232.8744.4158.2442.3660.23
P/FCF Ratio
43.5287.9038.8260.2468.1784.09
PS Ratio
4.834.345.786.845.638.88