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Novanta NOVT Automation Enabling Technologies — Restructuring Costs

Other segment segments

Unallocated Costs
$3.43M+560%
Medical Solutions
$506K+517%
Unallocated
$178K+709%

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EXTRRestructuring And Related Charges
$0+100%

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:RestructuringCosts.

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 — restructuring costs?
Novanta (NOVT) reported automation enabling technologies — restructuring costs of $586K in Q1 2026.
How has Novanta's automation enabling technologies — restructuring costs changed year-over-year?
Novanta's automation enabling technologies — restructuring costs increased by 20.6% year-over-year, from $486K to $586K.
What is the long-term trend for Novanta's automation enabling technologies — restructuring costs?
Over 3 years (2022 to 2025), Novanta's automation enabling technologies — restructuring costs has grown at a 3.9% compound annual growth rate (CAGR), from $2.78M to -$3.11M.
What does automation enabling technologies — restructuring costs mean?
Expenses incurred by the Automation Enabling Technologies segment related to organizational realignment, facility consolidations, or workforce reductions. Monitoring these costs helps investors assess the impact of operational efficiency initiatives on short-term profitability.