What is Novanta's income tax?

Novanta (NOVT) reported income tax of $5.26M in Q1 2026.

How has Novanta's income tax changed year-over-year?

Novanta's income tax increased by 0.9% year-over-year, from $5.21M to $5.26M.

What is the long-term trend for Novanta's income tax?

Over 4 years (2021 to 2025), Novanta's income tax has grown at a 28.3% compound annual growth rate (CAGR), from $5.84M to $15.81M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Novanta NOVT Income Tax

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Segments

By geography

See full

US$11.2M-22.4%

CA$43K-27.1%

Other financials

Income statement

See full

Revenue$257.7M+10.4%

Gross profit$113.6M+8.8%

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

See full

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

Reported directly by Novanta in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 income tax?: Novanta (NOVT) reported income tax of $5.26M in Q1 2026.
How has Novanta's income tax changed year-over-year?: Novanta's income tax increased by 0.9% year-over-year, from $5.21M to $5.26M.
What is the long-term trend for Novanta's income tax?: Over 4 years (2021 to 2025), Novanta's income tax has grown at a 28.3% compound annual growth rate (CAGR), from $5.84M to $15.81M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.