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Novanta NOVT Income Taxes Payable

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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$6.29B+54.6%
Enterprise value$5.86B+30.9%
P/E101.9×+35.5×
P/S6.1×+1.9×

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:AccruedIncomeTaxesCurrent.

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
Current liabilities
Current portion of long-term debt$41,499$38,291
Accounts payable97,48094,865
Income taxes payable11,8225,856
Current portion of operating lease liabilities9,8769,857
Accrued expenses and other current liabilities85,20563,498
Total current liabilities245,882212,367
Long-term debt188,157212,538

Item 1. Financial Statements

FAQ

What is Novanta's income taxes payable?
Novanta (NOVT) reported income taxes payable of $11.82M in Q2 2026.
How has Novanta's income taxes payable changed year-over-year?
Novanta's income taxes payable decreased by 8.6% year-over-year, from $12.94M to $11.82M.
What is the long-term trend for Novanta's income taxes payable?
Over 5 years (2020 to 2025), Novanta's income taxes payable has grown at a 0.2% compound annual growth rate (CAGR), from $5.79M to $5.86M.
What does income taxes payable mean?
Current income taxes owed to federal, state, and local tax authorities for the current and prior periods.

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