What is Novanta's net income?

Novanta (NOVT) reported net income of $21.1M in Q1 2026.

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

Novanta's net income decreased by 0.5% year-over-year, from $21.21M to $21.1M.

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

Over 4 years (2021 to 2025), Novanta's net income has grown at a 1.7% compound annual growth rate (CAGR), from $50.33M to $53.83M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Novanta NOVT Net Income

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Other financials

Income statement

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Revenue$257.7M+10.4%

Gross profit$113.6M+8.8%

Operating income$27.5M-15.1%

EPS (diluted)$0.51-13.6%

Balance sheet

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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

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Operating cash flow$51.6M+62.9%

CapEx$4.1M-3.4%

Free cash flow$47.5M+73.2%

Valuation

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Market cap$5.53B-8.3%

Enterprise value$5.43B-16.6%

P/E103×+17.5×

P/S5.5×-0.8×

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

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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:ProfitLoss.

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 net income?: Novanta (NOVT) reported net income of $21.1M in Q1 2026.
How has Novanta's net income changed year-over-year?: Novanta's net income decreased by 0.5% year-over-year, from $21.21M to $21.1M.
What is the long-term trend for Novanta's net income?: Over 4 years (2021 to 2025), Novanta's net income has grown at a 1.7% compound annual growth rate (CAGR), from $50.33M to $53.83M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.