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Novanta NOVT CA — Deferred Tax Assets Capital Loss Carryforwards

Other geography segments

US
-$12.61M
GB
$800K

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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$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:DeferredTaxAssetsCapitalLossCarryforwards.

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

As of December 31, 2025, the Company had net operating loss carry forwards of $7.6 million (tax effected). Of this amount, approximately $7.1 million relates to Canada and begins to expire starting in 2033 and had a full valuation allowance. The remainder $0.5 million relates to various U.S. jurisdictions, which will begin to expire in 2026 through 2045. In addition, the Company had capital loss carryforwards of $5.9 million, which can be carried forward indefinitely and had a full valuation allowance. Of this amount, $4.9 million, and $1.0 million related to Canada, and the U.K., respectively.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Novanta's CA — deferred tax assets capital loss carryforwards?
Novanta (NOVT) reported CA — deferred tax assets capital loss carryforwards of $4.9M in Q4 2025.
How has Novanta's CA — deferred tax assets capital loss carryforwards changed year-over-year?
Novanta's CA — deferred tax assets capital loss carryforwards decreased by 0.0% year-over-year, from $4.9M to $4.9M.
What does CA — deferred tax assets capital loss carryforwards mean?
The value of tax assets derived from capital losses in the CA segment that are available to offset future capital gains. This represents a future economic benefit that can lower the effective tax rate upon realization.

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