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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$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:AmortizationOfIntangibleAssets.

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 itemThree Months Ended / July 3, 2026Three Months Ended / June 27, 2025Six Months Ended / July 3, 2026Six Months Ended / June 27, 2025
Operating expenses:
Research and development and engineering23,96825,28947,21948,527
Selling, general and administrative59,97247,103114,38192,699
Amortization of purchased intangible assets6,4156,87112,18912,425
Restructuring, acquisition, and related costs12,49912,57215,10410,117
Total operating expenses102,85491,835188,893163,768
Operating income18,06114,91145,60047,332
Interest income (expense), net(1,106)(5,815)(2,949)(11,459)

Item 1. Financial Statements

FAQ

What is Novanta's D&A?
Novanta (NOVT) reported D&A of $6.42M in Q2 2026.
How has Novanta's D&A changed year-over-year?
Novanta's D&A decreased by 6.6% year-over-year, from $6.87M to $6.42M.
What is the long-term trend for Novanta's D&A?
Over 4 years (2021 to 2025), Novanta's D&A has grown at a 13.5% compound annual growth rate (CAGR), from $16.58M to $27.48M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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