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Novanta NOVT Gross Profit

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Other financials

Income statement

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Revenue$265.8M+10.3%
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

Calculated from Novanta’s reported figures.

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
Revenue$265,807$241,049$523,514$474,415
Cost of revenue144,892134,303289,021263,315
Gross profit120,915106,746234,493211,100
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

Item 1. Financial Statements

FAQ

What is Novanta's gross profit?
Novanta (NOVT) reported gross profit of $120.92M in Q2 2026.
How has Novanta's gross profit changed year-over-year?
Novanta's gross profit increased by 13.3% year-over-year, from $106.75M to $120.92M.
What is the long-term trend for Novanta's gross profit?
Over 4 years (2021 to 2025), Novanta's gross profit has grown at a 9.7% compound annual growth rate (CAGR), from $300.33M to $435.28M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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