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Novanta NOVT Goodwill

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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:Goodwill.

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
Deferred tax assets31,72427,381
Other assets15,5788,812
Intangible assets, net159,831180,776
Goodwill642,365647,348
Total assets$2,139,565$1,807,106
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Current portion of long-term debt$41,499$38,291

Item 1. Financial Statements

FAQ

What is Novanta's goodwill?
Novanta (NOVT) reported goodwill of $642.37M in Q2 2026.
How has Novanta's goodwill changed year-over-year?
Novanta's goodwill decreased by 1.0% year-over-year, from $649.09M to $642.37M.
What is the long-term trend for Novanta's goodwill?
Over 5 years (2020 to 2025), Novanta's goodwill has grown at a 17.7% compound annual growth rate (CAGR), from $285.98M to $647.35M.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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