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Novanta NOVT Medical Solutions — Intangible Amortization

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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:AmortizationOfIntangibleAssets.

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
Segment gross profit71,59650,323121,919134,352102,498236,850
Research and development and engineering9,49614,66718,52828,915
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)

Item 1. Financial Statements

FAQ

What is Novanta's medical solutions — intangible amortization?
Novanta (NOVT) reported medical solutions — intangible amortization of $3.71M in Q2 2026.
How has Novanta's medical solutions — intangible amortization changed year-over-year?
Novanta's medical solutions — intangible amortization decreased by 18.0% year-over-year, from $4.52M to $3.71M.
What is the long-term trend for Novanta's medical solutions — intangible amortization?
Over 3 years (2022 to 2025), Novanta's medical solutions — intangible amortization has grown at a 26.8% compound annual growth rate (CAGR), from $8.68M to $17.71M.
What does medical solutions — intangible amortization mean?
This represents the periodic expense recognized for the systematic allocation of the cost of intangible assets, such as patents or customer relationships, over their useful lives. It reflects the consumption of economic value derived from non-physical assets acquired through business combinations or internal development within the segment. Monitoring this helps investors distinguish between cash-based operating expenses and non-cash accounting charges.

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