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Novanta NOVT Medical Solutions — Inventory Net

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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:InventoryNet.

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 — inventory net?
Novanta (NOVT) reported medical solutions — inventory net of $78.6M in Q1 2026.
How has Novanta's medical solutions — inventory net changed year-over-year?
Novanta's medical solutions — inventory net increased by 41.8% year-over-year, from $55.43M to $78.6M.
What does medical solutions — inventory net mean?
This reflects the total value of raw materials, work-in-progress, and finished goods held by the segment, net of any valuation reserves. It provides insight into the segment's supply chain management, production efficiency, and ability to meet market demand. Excessive inventory levels may indicate overproduction or slowing sales, while low levels could suggest supply chain constraints.