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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%
Free cash flow$57.5M+392%

Valuation

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Market cap$5.82B+42.2%
Enterprise value$5.38B+19.7%
P/E94.2×+27.5×
P/S5.7×+1.4×

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:PaymentsToAcquirePropertyPlantAndEquipment.

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 itemSix Months Ended / July 3, 2026Six Months Ended / June 27, 2025
Net cash provided by operating activities116,54046,756
Cash flows from investing activities:
Cash paid for business acquisitions, net of working capital adjustments(63,173)
Purchases of property, plant and equipment(11,605)(7,672)
Proceeds from sale of property, plant and equipment3455,537
Net cash used in investing activities(11,260)(65,308)
Cash flows from financing activities:
Borrowings under revolving credit facilities72,805

Item 1. Financial Statements

FAQ

What is Novanta's capex?
Novanta (NOVT) reported capex of $7.47M in Q2 2026.
How has Novanta's capex changed year-over-year?
Novanta's capex increased by 120.4% year-over-year, from $3.39M to $7.47M.
What is the long-term trend for Novanta's capex?
Over 4 years (2021 to 2025), Novanta's capex has grown at a -6.0% compound annual growth rate (CAGR), from $19.98M to $15.63M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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