Skip to content
Screener

Novanta NOVT Gross margin

Gross margin at other companies

Stryker logo
StrykerSYK
65%+0.8pp
Coherent logo
CoherentCOHR
36.8%+2.3pp
Intuitive Surgical logo
Intuitive SurgicalISRG
66.7%+0.1pp
Allient Inc. logo
Allient Inc.ALNT
32.9%+1.7pp
Nordson logo
NordsonNDSN
55.1%+0.3pp
Globus Medical logo
Globus MedicalGMED
68.5%+5.8pp

Other financials

Income statement

See full
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

See full
Cash & equivalents$718.7M+554%
Total debt$285.6M-44.5%
Total equity$1.6B+102%
Total assets$2.1B+41.6%

Cash flow

See full
Operating cash flow$64.9M+331%
CapEx$7.5M+120%
Free cash flow$57.5M+392%

Valuation

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

Profitability

See full
Operating margin9%-2.2pp
Net margin6%-0.4pp
FCF margin11.1%-1.2pp

Returns & leverage

See full
Return on equity5.1%-3.1pp
Debt / equity0.2×-0.5×
Current ratio4.6×+2.0×

Where this comes from

Calculated from Novanta’s reported figures.

Based on trailing twelve months.

The source filing: Novanta’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 5:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335404

FAQ

What is Novanta's gross margin?
Novanta (NOVT) reported gross margin of 44.5% in Q2 2026.
How has Novanta's gross margin changed year-over-year?
Novanta's gross margin decreased by 0.5% year-over-year, from 44.8% to 44.5%.
What is the long-term trend for Novanta's gross margin?
Over 5 years (2020 to 2025), Novanta's gross margin has grown at a 1.4% compound annual growth rate (CAGR), from 41.4% to 44.4%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Ask your AI about Novanta's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude