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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$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$6.29B+54.6%
Enterprise value$5.86B+30.9%
P/E101.9×+35.5×
P/S6.1×+1.9×

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:GoodwillImpairedAccumulatedImpairmentLoss.

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 itemReportable Segment / Automation Enabling TechnologiesReportable Segment / Medical SolutionsTotal
Goodwill$445,693$347,901$793,594
Accumulated impairment of goodwill(119,507)(31,722)(151,229)
Total$326,186$316,179$642,365

Item 1. Financial Statements

FAQ

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 Q2 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.

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