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Novanta NOVT Accrued Expenses

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Other financials

Income statement

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Revenue$265.8M+10.3%
Gross profit$120.9M+13.3%
Operating income$18.1M+21.1%
Net income$12.5M+179%
EPS (diluted)$0.30+150%

Balance sheet

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Cash & equivalents$718.7M+554%
Total debt$285.6M-44.5%
Total equity$1.6B+102%
Total assets$2.1B+41.6%

Cash flow

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Operating cash flow$64.9M+331%
CapEx$7.5M+120%
Free cash flow$57.5M+392%

Valuation

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Market cap$6.2B+52.3%
Enterprise value$5.76B+28.8%
P/E100.3×+34.0×
P/S+1.8×

Profitability

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Gross margin44.5%-0.2pp
Operating margin9%-2.2pp
Net margin6%-0.4pp
FCF margin11.1%-1.2pp

Returns & leverage

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Return on equity5.1%-3.1pp
Debt / equity0.2×-0.5×
Current ratio4.6×+2.0×

Where this comes from

Reported directly by Novanta in its filing.

Tagged under the XBRL concept us-gaap:OtherAccruedLiabilitiesCurrent.

The source filing: Novanta’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335404
Line itemJuly 3, 2026December 31, 2025
Accounts payable97,48094,865
Income taxes payable11,8225,856
Current portion of operating lease liabilities9,8769,857
Accrued expenses and other current liabilities85,20563,498
Total current liabilities245,882212,367
Long-term debt188,157212,538
Operating lease liabilities43,28638,873
Deferred tax liabilities16,60718,092

Item 1. Financial Statements

FAQ

What is Novanta's accrued expenses?
Novanta (NOVT) reported accrued expenses of $85.21M in Q2 2026.
How has Novanta's accrued expenses changed year-over-year?
Novanta's accrued expenses increased by 32.1% year-over-year, from $64.52M to $85.21M.
What is the long-term trend for Novanta's accrued expenses?
Over 5 years (2020 to 2025), Novanta's accrued expenses has grown at a 3.4% compound annual growth rate (CAGR), from $53.78M to $63.5M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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