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Novanta NOVT CA — Current Income Tax Expense Benefit

Other geography segments

US
$11.2M-22.4%

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OVVUS — Current Income Tax Expense Benefit
$6M+500%

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$5.82B+42.2%
Enterprise value$5.38B+19.7%
P/E94.2×+27.5×
P/S5.7×+1.4×

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 us-gaap:CurrentIncomeTaxExpenseBenefit.

The source filing: Novanta’s 10-K, filed February 23, 2026.

Filed
Feb 23, 2026, 4:57 PM EST
Fiscal year
FY2025
Accession
0001193125-26-064230
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Current
Canada$11$43$59
U.S.1,73311,19814,424
Other22,92219,64711,113
24,66630,88825,596
Deferred
Canada
U.S.(5,124)(12,612)(12,224)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Novanta's CA — current income tax expense benefit?
Novanta (NOVT) reported CA — current income tax expense benefit of $2.75K in Q4 2025.
How has Novanta's CA — current income tax expense benefit changed year-over-year?
Novanta's CA — current income tax expense benefit decreased by 74.4% year-over-year, from $10.75K to $2.75K.
What is the long-term trend for Novanta's CA — current income tax expense benefit?
Over 4 years (2021 to 2025), Novanta's CA — current income tax expense benefit has grown at a -41.7% compound annual growth rate (CAGR), from $95K to $11K.
What does CA — current income tax expense benefit mean?
Reflects the actual income tax liability or benefit currently payable to tax authorities for the CA segment during the reporting period. It provides insight into the immediate cash tax impact of operations within this specific geographic region.

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