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Novanta NOVT Medical Solutions — Restructuring Costs

Other segment segments

Unallocated Costs
$3.43M+560%
Unallocated
$1.29M-23.9%

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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:RestructuringCosts.

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 itemThree Months Ended / July 3, 2026Three Months Ended / June 27, 2025Six Months Ended / July 3, 2026Six Months Ended / June 27, 2025
Automation Enabling Technologies$36$445$13$931
Medical Solutions9612,9301,4673,012
Unallocated1032
Total$997$3,385$1,480$3,975

Item 1. Financial Statements

FAQ

What is Novanta's medical solutions — restructuring costs?
Novanta (NOVT) reported medical solutions — restructuring costs of $961K in Q2 2026.
How has Novanta's medical solutions — restructuring costs changed year-over-year?
Novanta's medical solutions — restructuring costs decreased by 77.1% year-over-year, from $4.2M to $961K.
What is the long-term trend for Novanta's medical solutions — restructuring costs?
Over 4 years (2021 to 2025), Novanta's medical solutions — restructuring costs has grown at a 73.7% compound annual growth rate (CAGR), from $813K to $7.41M.
What does medical solutions — restructuring costs mean?
Expenses incurred to reorganize, consolidate, or streamline operations within the Medical Solutions segment to improve long-term efficiency. These costs typically include severance, facility closures, and other exit activities associated with strategic business realignment.

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