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Novanta NOVT Medical Solutions — Goodwill Impaired Accumulated Impairment Loss

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Other financials

Income statement

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Revenue$257.7M+10.4%
Gross profit$113.6M+8.8%
Operating income$27.5M-15.1%
Net income$21.1M-0.5%
EPS (diluted)$0.51-13.6%

Balance sheet

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Cash & equivalents$388.8M+267%
Total debt$291.3M-34.2%
Total equity$1.3B+70.3%
Total assets$1.8B+29.9%

Cash flow

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Operating cash flow$51.6M+62.9%
CapEx$4.1M-3.4%
Free cash flow$47.5M+73.2%

Valuation

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Market cap$5.53B-8.3%

Profitability

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Gross margin44.2%-0.5pp
Operating margin8.9%-3.5pp
Net margin5.3%-2.1pp
FCF margin6.8%-8.1pp

Returns & leverage

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Return on equity5.2%-4.6pp
Debt / equity0.2×-0.4×
Current ratio3.6×+1.0×

Where this comes from

Reported directly by Novanta in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The official record: Novanta’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Novanta's medical solutions — goodwill impaired accumulated impairment loss?
Novanta (NOVT) reported medical solutions — goodwill impaired accumulated impairment loss of $31.72M in Q1 2026.
How has Novanta's medical solutions — goodwill impaired accumulated impairment loss changed year-over-year?
Novanta's medical solutions — goodwill impaired accumulated impairment loss decreased by 0.0% year-over-year, from $31.72M to $31.72M.
What is the long-term trend for Novanta's medical solutions — goodwill impaired accumulated impairment loss?
Over 2 years (2023 to 2025), Novanta's medical solutions — goodwill impaired accumulated impairment loss has grown at a 0.0% compound annual growth rate (CAGR), from $126.89M to $126.89M.
What does medical solutions — goodwill impaired accumulated impairment loss mean?
The cumulative amount of impairment charges recognized against goodwill specifically allocated to the Medical Solutions segment. This metric indicates the historical erosion of value from past acquisitions due to underperformance or changes in market conditions.