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Novanta NOVT Deferred Tax Assets

Deferred Tax Assets at other companies

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$1.19B-15.5%
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$72.11M+37.2%
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NordsonNDSN
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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%
Net income$21.1M-0.5%
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:DeferredIncomeTaxAssetsNet.

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 deferred tax assets?
Novanta (NOVT) reported deferred tax assets of $29.67M in Q1 2026.
How has Novanta's deferred tax assets changed year-over-year?
Novanta's deferred tax assets increased by 18.6% year-over-year, from $25M to $29.67M.
What is the long-term trend for Novanta's deferred tax assets?
Over 5 years (2020 to 2025), Novanta's deferred tax assets has grown at a 21.2% compound annual growth rate (CAGR), from $10.49M to $27.38M.
What does deferred tax assets mean?
Represents future tax benefits arising from temporary differences between the book value of assets/liabilities and their tax basis, or from carry-forward tax losses. These assets are realized when the firm generates sufficient taxable income to offset these differences. It serves as an indicator of future tax savings potential.