What is Novanta's inventories?

Novanta (NOVT) reported inventories of $193.14M in Q1 2026.

How has Novanta's inventories changed year-over-year?

Novanta's inventories increased by 32.8% year-over-year, from $145.44M to $193.14M.

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

Over 5 years (2020 to 2025), Novanta's inventories has grown at a 15.2% compound annual growth rate (CAGR), from $92.74M to $188.28M.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Novanta NOVT Inventories

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Segments

By segment

See full

Automation Enabling Technologies$114.54M+27.3%

Medical Solutions$78.6M+41.8%

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:InventoryNet.

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 inventories?: Novanta (NOVT) reported inventories of $193.14M in Q1 2026.
How has Novanta's inventories changed year-over-year?: Novanta's inventories increased by 32.8% year-over-year, from $145.44M to $193.14M.
What is the long-term trend for Novanta's inventories?: Over 5 years (2020 to 2025), Novanta's inventories has grown at a 15.2% compound annual growth rate (CAGR), from $92.74M to $188.28M.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.