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Novanta NOVT Medical Solutions — Inventory Net

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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$6.2B+52.3%
Enterprise value$5.76B+28.8%
P/E100.3×+34.0×
P/S+1.8×

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:InventoryNet.

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 itemJuly 3, 2026December 31, 2025
Automation Enabling Technologies$80,647$76,685
Medical Solutions98,101108,195
Total accounts receivable$178,748$184,880
Inventories
Automation Enabling Technologies$116,428$110,205
Medical Solutions76,28178,079
Total inventories$192,709$188,284
Total segment assets$371,457$373,164

Item 1. Financial Statements

FAQ

What is Novanta's medical solutions — inventory net?
Novanta (NOVT) reported medical solutions — inventory net of $76.28M in Q2 2026.
How has Novanta's medical solutions — inventory net changed year-over-year?
Novanta's medical solutions — inventory net increased by 5.9% year-over-year, from $72.02M to $76.28M.
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.

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