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Novanta NOVT GB — Deferred Tax Assets Capital Loss Carryforwards

Other geography segments

US
-$12.61M
CA
$4.9M

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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 GB — deferred tax assets capital loss carryforwards?
Novanta (NOVT) reported GB — deferred tax assets capital loss carryforwards of $1M in Q4 2025.
How has Novanta's GB — deferred tax assets capital loss carryforwards changed year-over-year?
Novanta's GB — deferred tax assets capital loss carryforwards increased by 25.0% year-over-year, from $800K to $1M.
What does GB — deferred tax assets capital loss carryforwards mean?
This metric represents the value of tax benefits arising from capital losses that can be carried forward to offset future capital gains for tax purposes within this specific business segment. It reflects potential future tax savings and is a key indicator of the segment's historical tax planning and loss management. Investors monitor this to assess the segment's ability to reduce future tax liabilities through the utilization of past losses.

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