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Novanta NOVT Automation Enabling Technologies — Inventory Net

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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%

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: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 automation enabling technologies — inventory net?
Novanta (NOVT) reported automation enabling technologies — inventory net of $114.54M in Q1 2026.
How has Novanta's automation enabling technologies — inventory net changed year-over-year?
Novanta's automation enabling technologies — inventory net increased by 27.3% year-over-year, from $90M to $114.54M.
What does automation enabling technologies — inventory net mean?
This represents the net value of raw materials, work-in-progress, and finished goods held by the Automation Enabling Technologies segment, adjusted for any reserves for obsolescence. It reflects the segment's supply chain management efficiency and its ability to balance stock availability with demand requirements. Effective inventory management is crucial for maintaining healthy working capital levels and minimizing carrying costs.