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Novanta NOVT Medical Solutions — D&A

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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:DepreciationDepletionAndAmortization.

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
Depreciation and Amortization ExpensesThree Months Ended / July 3, 2026Three Months Ended / June 27, 2025Six Months Ended / July 3, 2026Six Months Ended / June 27, 2025
Automation Enabling Technologies$5,681$5,445$9,880$10,921
Medical Solutions8,6089,74518,18517,424
Unallocated359391743799
Total$14,648$15,581$28,808$29,144

Item 1. Financial Statements

FAQ

What is Novanta's medical solutions — D&A?
Novanta (NOVT) reported medical solutions — D&A of $8.61M in Q2 2026.
How has Novanta's medical solutions — D&A changed year-over-year?
Novanta's medical solutions — D&A decreased by 11.7% year-over-year, from $9.75M to $8.61M.
What is the long-term trend for Novanta's medical solutions — D&A?
Over 4 years (2021 to 2025), Novanta's medical solutions — D&A has grown at a 16.2% compound annual growth rate (CAGR), from $20.81M to $37.96M.
What does medical solutions — D&A mean?
This represents the total non-cash expense allocated to the wear and tear, obsolescence, or exhaustion of tangible and intangible assets over their useful lives. It is a critical component for calculating EBITDA and understanding the capital intensity of the segment's operations. Higher levels often indicate a larger base of fixed assets or significant recent investments in infrastructure.

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