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Novanta NOVT Medical Solutions — Selling General And Administrative Expense

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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%
Enterprise value$5.43B-16.6%
P/E103×+17.5×
P/S5.5×-0.8×

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:SellingGeneralAndAdministrativeExpense.

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 — selling general and administrative expense?
Novanta (NOVT) reported medical solutions — selling general and administrative expense of $16.31M in Q1 2026.
How has Novanta's medical solutions — selling general and administrative expense changed year-over-year?
Novanta's medical solutions — selling general and administrative expense increased by 10.7% year-over-year, from $14.73M to $16.31M.
What is the long-term trend for Novanta's medical solutions — selling general and administrative expense?
Over 3 years (2022 to 2025), Novanta's medical solutions — selling general and administrative expense has grown at a 12.1% compound annual growth rate (CAGR), from $42.63M to $60.03M.
What does medical solutions — selling general and administrative expense mean?
Operating expenses for the Medical Solutions segment that are not directly tied to production, including sales commissions, marketing, administrative salaries, and overhead. This metric tracks the efficiency of the segment's support functions and commercial infrastructure.