What is Novanta's change in income taxes?

Novanta (NOVT) reported change in income taxes of -$3.1M in Q4 2025.

How has Novanta's change in income taxes changed year-over-year?

Novanta's change in income taxes decreased by 237.4% year-over-year, from $2.25M to -$3.1M.

What is the long-term trend for Novanta's change in income taxes?

Over 4 years (2021 to 2025), Novanta's change in income taxes has grown at a 206.7% compound annual growth rate (CAGR), from -$140K to -$12.38M.

What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

Novanta NOVT Change in Income Taxes

Change in Income Taxes at other companies

StrykerSYK

$42M-14.3%

NordsonNDSN

-$1.72M+64.6%

Globus MedicalGMED

$14.58M-25.7%

BeldenBDC

$2.39M-64.9%

Sensata TechnologiesST

-$500K-119%

Zebra TechnologiesZBRA

$24M-42.9%

Other financials

Income statement

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Revenue$257.7M+10.4%

Gross profit$113.6M+8.8%

Operating income$27.5M-15.1%

Net income$21.1M-0.5%

EPS (diluted)$0.51-13.6%

Balance sheet

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Cash & equivalents$388.8M+267%

Total debt$291.3M-34.2%

Total equity$1.3B+70.3%

Total assets$1.8B+29.9%

Cash flow

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Operating cash flow$51.6M+62.9%

CapEx$4.1M-3.4%

Free cash flow$47.5M+73.2%

Valuation

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Market cap$5.53B-8.3%

Enterprise value$5.43B-16.6%

P/E103×+17.5×

P/S5.5×-0.8×

Profitability

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Gross margin44.2%-0.5pp

Operating margin8.9%-3.5pp

Net margin5.3%-2.1pp

FCF margin6.8%-8.1pp

Returns & leverage

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Return on equity5.2%-4.6pp

Debt / equity0.2×-0.4×

Current ratio3.6×+1.0×

Where this comes from

Reported directly by Novanta in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable.

The official record: Novanta’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Novanta's change in income taxes?: Novanta (NOVT) reported change in income taxes of -$3.1M in Q4 2025.
How has Novanta's change in income taxes changed year-over-year?: Novanta's change in income taxes decreased by 237.4% year-over-year, from $2.25M to -$3.1M.
What is the long-term trend for Novanta's change in income taxes?: Over 4 years (2021 to 2025), Novanta's change in income taxes has grown at a 206.7% compound annual growth rate (CAGR), from -$140K to -$12.38M.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.