NOVT
$128.79-4.46%
Novanta Inc.Stock · TechnologyRussell 2000 0.2%Nasdaq Composite 0.02%Russell 3000 0.008%US Stock Market 0.008%
NOVT financial statements
The full income statement, balance sheet, and cash-flow statement for Novanta Inc. (NOVT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 35.9M2024-09 35.9M2024-12 36.0M2025-03 36.0M2025-06 36.0M2025-09 35.8M2025-12 35.7M2026-04 35.6M2026-07 37.8M+5.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 981M+3.3% | 949M+7.7% | 882M+2.4% | 861M+21.8% | 707M+19.7% | |
| 435M+3.3% | 422M+5.4% | 400M+5.7% | 378M+26.0% | 300M+22.8% | ||
| Cost of revenue | 545M+3.3% | 528M+9.5% | 482M-0.1% | 482M+18.7% | 406M+17.4% | |
| 341M+9.7% | 311M+7.4% | 289M+5.1% | 275M+16.6% | 236M+25.3% | ||
| Research & development | 95.5M-0.0% | 95.5M+4.2% | 91.7M+6.9% | 85.8M+18.3% | 72.5M+18.9% | |
| Selling, general & administrative | 196M+11.2% | 176M+7.0% | 164M+3.5% | 159M+23.0% | 129M+17.6% | |
| Restructuring | 16.1M+53.8% | 10.5M-11.2% | 11.8M+168.0% | 4.41M-47.2% | 8.34M+86.3% | |
| Amortization of intangibles | 27.5M+6.5% | 25.8M+26.2% | 20.4M-22.4% | 26.3M+58.9% | 16.6M+18.7% | |
| Provision for credit losses | 897K+302.2% | 223K+27.4% | 175K-67.1% | 532K+339.7% | 121K-23.4% | |
| Operating income | 94.0M-15.0% | 111M+0.1% | 110M+7.2% | 103M+60.9% | 64.1M+14.6% | |
| Other non-operating income | -708K-60.2% | -442K+34.5% | -675K-81.9% | -371K-0.8% | -368K-1852.4% | |
| Pre-tax income | 69.6M-11.9% | 79.1M-5.6% | 83.7M-3.9% | 87.2M+55.2% | 56.2M+16.1% | |
| Income tax | 15.8M+5.6% | 15.0M+37.8% | 10.9M-17.1% | 13.1M+124.4% | 5.84M+50.5% | |
| Net income | 53.8M-16.0% | 64.1M-12.1% | 72.9M-1.6% | 74.1M+47.1% | 50.3M+13.1% | |
| $1.47-16.9% | $1.77-12.4% | $2.02-1.9% | $2.06+46.1% | $1.41+12.8% | ||
| EPS (basic) | $1.47-17.4% | $1.78-12.3% | $2.03-2.4% | $2.08+46.5% | $1.42+11.8% | |
| Weighted-avg shares (basic) | 36.6M+1.8% | 36.0M+0.3% | 35.8M+0.5% | 35.7M+0.7% | 35.4M+0.7% | |
| Weighted-avg shares (diluted) | 36.7M+1.6% | 36.1M+0.3% | 36.0M+0.3% | 35.9M+0.4% | 35.8M+0.4% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 783M+80.5% | 434M+4.4% | 415M-1.2% | 421M+12.5% | 374M+22.9% | ||
| Cash & equivalents | 381M+234.1% | 114M+8.5% | 105M+4.9% | 100M-14.7% | 117M-6.1% | |
| Accounts receivable | 185M+22.4% | 151M+8.3% | 139M+1.2% | 138M+19.1% | 116M+54.0% | |
| Inventory | 188M+30.2% | 145M-3.2% | 149M-11.1% | 168M+33.7% | 126M+35.5% | |
| Prepaid expenses | 19.2M+20.3% | 16.0M+19.4% | 13.4M+1.1% | 13.2M+0.4% | 13.2M+62.0% | |
| 1.81B+30.1% | 1.39B+13.3% | 1.23B-1.2% | 1.24B+1.1% | 1.23B+41.9% | ||
| Property, plant & equipment | 118M+4.7% | 113M+3.4% | 109M+6.1% | 103M+18.0% | 87.4M+11.1% | |
| Operating lease right-of-use | 41.7M-2.8% | 42.9M+12.0% | 38.3M-11.6% | 43.3M-10.4% | 48.3M+40.3% | |
| Goodwill | 647M+10.8% | 584M+20.6% | 485M+1.2% | 479M-0.1% | 480M+67.7% | |
| Intangible assets | 181M-2.7% | 186M+28.1% | 145M-17.5% | 176M-20.5% | 221M+48.8% | |
| Deferred tax assets | 27.4M+19.6% | 22.9M-17.9% | 27.9M+84.4% | 15.1M+23.8% | 12.2M+16.3% | |
| Other non-current assets | 8.81M+47.1% | 5.99M+6.7% | 5.62M+27.3% | 4.41M-21.0% | 5.59M+93.0% | |
| 212M+26.6% | 168M+20.6% | 139M-15.4% | 165M-10.6% | 184M+61.0% | ||
| Accounts payable | 94.9M+23.4% | 76.9M+34.4% | 57.2M-24.0% | 75.2M+9.8% | 68.5M+59.5% | |
| Deferred revenue | 10.9M+91.5% | 5.71M+2.9% | 5.55M-31.7% | 8.13M+16.2% | 7.00M+13.3% | |
| Short-term & current debt | 38.3M+716.3% | 4.69M-5.6% | 4.97M+3.5% | 4.80M-5.8% | 5.10M-7.5% | |
| Current lease liability | 9.86M-0.2% | 9.88M+20.6% | 8.19M+5.1% | 7.79M+6.3% | 7.33M+18.5% | |
| Other current liabilities | 17.0M+11.2% | 15.3M-9.1% | 16.8M+23.3% | 13.6M-1.7% | 13.9M+43.4% | |
| Finance lease liability (current) | 828K+9.1% | 759K+5.7% | 718K+7.5% | 668K+11.5% | 599K-93.8% | |
| 493M-23.3% | 643M+16.3% | 553M-16.7% | 664M-6.1% | 707M+81.9% | ||
| Long-term debt | 213M-48.4% | 412M+17.9% | 349M-18.9% | 431M+0.3% | 429M+120.3% | |
| Deferred revenue (non-current) | 183K | — | — | — | — | |
| Non-current lease liability | 38.9M-4.1% | 40.5M+8.6% | 37.3M-8.5% | 40.8M-10.7% | 45.7M+39.3% | |
| Operating lease liability (total) | 48.7M-3.4% | 50.4M+10.7% | 45.5M-6.3% | 48.6M-8.4% | 53.0M+36.0% | |
| Finance lease liability (total) | 3.18M-19.3% | 3.93M-15.4% | 4.65M-12.6% | 5.32M-10.0% | 5.91M-62.2% | |
| Finance lease liability | 2.35M-26.0% | 3.17M-19.3% | 3.93M-15.4% | 4.65M-12.4% | 5.31M-10.1% | |
| Deferred tax liabilities | 18.1M+38.2% | 13.1M-19.7% | 16.3M-5.2% | 17.2M-49.0% | 33.7M+39.8% | |
| Other non-current liabilities | 6.99M+55.6% | 4.49M-24.3% | 5.93M-2.5% | 6.08M-36.9% | 9.64M-43.9% | |
| 1.31B+76.2% | 746M+10.7% | 673M+16.6% | 578M+10.8% | 521M+9.3% | ||
| Common stock | 424M+0.0% | 424M+0.0% | 424M+0.0% | 424M+0.0% | 424M+0.0% | |
| Additional paid-in capital | 572M+579.3% | 84.2M+20.0% | 70.2M+27.2% | 55.2M+2.6% | 53.8M-8.9% | |
| Retained earnings | 321M+20.1% | 268M+31.5% | 203M+55.8% | 131M+131.0% | 56.5M+811.5% | |
| Accumulated other comprehensive income | -3.00M+90.0% | -29.9M-24.5% | -24.0M+24.9% | -32.0M-148.8% | -12.9M-5.1% | |
| Total equity incl. non-controlling | 1.31B+76.2% | 746M+10.7% | 673M+16.6% | 578M+10.8% | 521M+9.3% | |
| Total liabilities & equity | 1.81B+30.1% | 1.39B+13.3% | 1.23B-1.2% | 1.24B+1.1% | 1.23B+41.9% | |
| Common shares issued | 35.7M-0.7% | 35.9M+0.3% | 35.8M+0.3% | 35.7M+0.3% | 35.6M+1.2% | |
| Common shares outstanding | 35.7M-0.7% | 35.9M+0.3% | 35.8M+0.3% | 35.7M+0.3% | 35.6M+1.2% | |
| Shares outstanding (cover) | 35.7M-0.8% | 36.0M+0.3% | 35.8M+0.3% | 35.7M+0.3% | 35.6M+0.9% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 64.1M-59.6% | 159M+32.0% | 120M+32.3% | 90.8M-4.1% | 94.6M-32.5% | ||
| Depreciation & amortization | 61.9M+11.5% | 55.6M+19.2% | 46.6M-12.3% | 53.2M+22.5% | 43.4M+13.3% | |
| Intangible amortization | 27.5M+6.5% | 25.8M+26.2% | 20.4M-22.4% | 26.3M+58.9% | 16.6M+18.7% | |
| Share-based compensation | 29.5M+26.7% | 23.3M-8.9% | 25.6M+10.7% | 23.1M-9.8% | 25.6M+10.8% | |
| Deferred income taxes | -8.85M+44.4% | -15.9M-8.0% | -14.7M+21.1% | -18.7M-372.9% | -3.94M+4.1% | |
| Change in receivables | 27.3M+340.4% | 6.19M+4776.4% | 127K-99.5% | 23.2M-8.3% | 25.4M+240.7% | |
| Change in inventory | 36.1M+855.1% | -4.78M+57.9% | -11.4M-123.4% | 48.5M+154.5% | 19.1M+186.3% | |
| -74.3M+64.3% | -208M-946.6% | -19.9M+53.2% | -42.5M+86.1% | -307M-2231.3% | ||
| Capital expenditure | 15.6M-8.9% | 17.2M-14.0% | 20.0M+1.6% | 19.6M-1.7% | 20.0M+89.8% | |
| Free cash flow | 48.4M-65.7% | 141M+41.2% | 100M+40.7% | 71.1M-4.7% | 74.6M-42.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 5.60M+3134.7% | 173K+150.7% | 69.0K-49.6% | 137K-31.5% | 200K | |
| 276M+385.3% | 56.9M+158.2% | -97.9M-62.7% | -60.2M-129.4% | 205M+342.7% | ||
| Long-term debt issued | 82.8M-58.2% | 198M | 0.00-100.0% | 69.9M-75.0% | 280M | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 39.3M | 0.00 | 0.00-100.0% | 10.0M | 0.00-100.0% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -3.34M-1100.7% | -278K+57.7% | -657K-9.7% | -599K-5.6% | -567K+50.4% | |
| Net change in cash | 267M+2885.9% | 8.94M+80.7% | 4.95M+128.6% | -17.3M-125.7% | -7.66M-116.6% | |
| Interest paid | 22.6M-30.9% | 32.7M+29.1% | 25.3M+77.4% | 14.3M+129.8% | 6.21M+12.3% | |
| Income taxes paid | 36.7M+73.6% | 21.2M-42.7% | 36.9M+81.9% | 20.3M+79.5% | 11.3M+92.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.25B-22.7% | 5.49B-8.9% | 6.03B+24.4% | 4.85B-22.8% | 6.28B+50.5% | |
| P/E | 78.9×-8.0% | 85.7×+7.5% | 79.7×+19.3% | 66.8×-46.4% | 124.8×+33.1% | |
| P/S | 4.3×-25.2% | 5.8×-14.7% | 6.8×+17.8% | 5.8×-35.2% | 8.9×+25.8% | |
| P/B | 3.2×-56.1% | 7.4×-21.2% | 9.4×+4.6% | 8.9×-25.8% | 12.1×+37.7% | |
| P/FCF | 87.7×+125.6% | 38.9×-33.2% | 58.2×-30.1% | 83.2×-1.1% | 84.2×+161.5% | |
| Earnings yield | 1.3%+8.7% | 1.2%-7.0% | 1.3%-16.2% | 1.5%+86.7% | 0.80%-24.9% | |
| FCF yield | 1.1%-55.7% | 2.6%+49.6% | 1.7%+43.1% | 1.2%+1.1% | 1.2%-61.8% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: NOVT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NOVT filings on SEC EDGAR → Not investment advice.