What is Novanta's gross profit?

Novanta (NOVT) reported gross profit of $113.58M in Q1 2026.

How has Novanta's gross profit changed year-over-year?

Novanta's gross profit increased by 8.8% year-over-year, from $104.35M to $113.58M.

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.

Novanta NOVT Gross Profit

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Segments

By segment

See full

Automation Enabling Technologies$62.75M+5.7%

Medical Solutions$52.18M+13.5%

Other financials

Income statement

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Revenue$257.7M+10.4%

Operating income$27.5M-15.1%

Net income$21.1M-0.5%

EPS (diluted)$0.51-13.6%

Balance sheet

See full

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

See full

Operating cash flow$51.6M+62.9%

CapEx$4.1M-3.4%

Free cash flow$47.5M+73.2%

Valuation

See full

Market cap$5.53B-8.3%

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

See full

Return on equity5.2%-4.6pp

Debt / equity0.2×-0.4×

Current ratio3.6×+1.0×

Where this comes from

Calculated from Novanta’s reported figures.

$257.7Mtotal revenue−$144.1Mtotal cost of revenue=$113.58M

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 gross profit?: Novanta (NOVT) reported gross profit of $113.58M in Q1 2026.
How has Novanta's gross profit changed year-over-year?: Novanta's gross profit increased by 8.8% year-over-year, from $104.35M to $113.58M.
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.