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Novanta NOVT Automation Enabling Technologies — Segment Operating Income

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Other financials

Income statement

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Revenue$265.8M+10.3%
Gross profit$120.9M+13.3%
Operating income$18.1M+21.1%
Net income$12.5M+179%
EPS (diluted)$0.30+150%

Balance sheet

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Cash & equivalents$718.7M+554%
Total debt$285.6M-44.5%
Total equity$1.6B+102%
Total assets$2.1B+41.6%

Cash flow

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Operating cash flow$64.9M+331%
CapEx$7.5M+120%
Free cash flow$57.5M+392%

Valuation

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Market cap$6.29B+52.3%
Enterprise value$5.86B+28.8%
P/E101.9×+34.5×
P/S6.1×+1.8×

Profitability

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Gross margin44.5%-0.2pp
Operating margin9%-2.2pp
Net margin6%-0.4pp
FCF margin11.1%-1.2pp

Returns & leverage

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Return on equity5.1%-3.1pp
Debt / equity0.2×-0.5×
Current ratio4.6×+2.0×

Where this comes from

Reported directly by Novanta in its filing.

Tagged under the XBRL concept novt:SegmentOperatingIncome.

The source filing: Novanta’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335404
Line itemThree Months Ended July 3, 2026 / Automation Enabling TechnologiesThree Months Ended July 3, 2026 / Medical SolutionsThree Months Ended July 3, 2026 / TotalSix Months Ended July 3, 2026 / Automation Enabling TechnologiesSix Months Ended July 3, 2026 / Medical SolutionsSix Months Ended July 3, 2026 / Total
Selling, general and administrative20,78416,58540,67332,891
Amortization of purchased intangible assets2,7043,7114,8237,366
Restructuring, acquisition, and related costs2,0201,7532,5832,993
Segment operating income36,59213,60750,19967,74530,33398,078
Unallocated costs(32,138)(52,478)
Interest income (expense), net(1,106)(2,949)
Other income (expense), net(1,057)(399)
Income before income taxes$36,592$13,607$15,898$67,745$30,333$42,252

Item 1. Financial Statements

FAQ

What is Novanta's automation enabling technologies — segment operating income?
Novanta (NOVT) reported automation enabling technologies — segment operating income of $36.59M in Q2 2026.
How has Novanta's automation enabling technologies — segment operating income changed year-over-year?
Novanta's automation enabling technologies — segment operating income increased by 36.2% year-over-year, from $26.87M to $36.59M.
What is the long-term trend for Novanta's automation enabling technologies — segment operating income?
Over 3 years (2022 to 2025), Novanta's automation enabling technologies — segment operating income has grown at a 2.8% compound annual growth rate (CAGR), from $105.43M to $114.53M.
What does automation enabling technologies — segment operating income mean?
This represents the core profitability of the Automation Enabling Technologies segment, calculated as revenue minus operating expenses directly attributable to the segment's activities. It serves as a primary indicator of the segment's operational efficiency and its ability to generate sustainable earnings from its core business operations. Investors use this to evaluate the segment's contribution to the overall enterprise value and its competitive performance.

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