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Novanta NOVT Accrued Income Taxes, Current

Accrued Income Taxes, Current at other companies

Stryker logo
StrykerSYK
$476M-20.5%
Coherent logo
CoherentCOHR
$99.25M-15.4%
ST
Sensata TechnologiesST
$16.3M-55.2%
Nordson logo
NordsonNDSN
Globus Medical logo
Globus MedicalGMED
ROP
Roper Technologies, Inc.ROP

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:AccruedIncomeTaxesCurrent.

The official record: Novanta’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Novanta's accrued income taxes, current?
Novanta (NOVT) reported accrued income taxes, current of $7.89M in Q1 2026.
How has Novanta's accrued income taxes, current changed year-over-year?
Novanta's accrued income taxes, current decreased by 50.6% year-over-year, from $15.98M to $7.89M.
What is the long-term trend for Novanta's accrued income taxes, current?
Over 5 years (2020 to 2025), Novanta's accrued income taxes, current has grown at a 0.2% compound annual growth rate (CAGR), from $5.79M to $5.86M.
What does accrued income taxes, current mean?
This represents the estimated amount of income tax payable to government authorities for the current period. It reflects the company's tax liability based on taxable income generated during the year, which is due within the next twelve months. It is a key indicator of the company's immediate tax obligations.