Novanta NOVT US — Current Income Tax Expense Benefit

Other geography segments

Similar metrics at other companies

OVVUS — Current Income Tax Expense Benefit

$1M-90.9%

UHALUS — Income Tax Expense Benefit

$14.01M-36.8%

MURUnited States — Current income tax expense

$1M+100%

MURUnited States — Income tax expense (benefit)

$19.43M-38.0%

BPOPCurrent Income Tax Expense (Benefit)

$41.81M+5.4%

OLLICurrent Income Tax Expense (Benefit)

$16.75M+17.9%

Questions, answered.

What is Novanta's US — current income tax expense benefit?

Novanta (NOVT) reported US — current income tax expense benefit of $433.25K in Q4 2025.

How has Novanta's US — current income tax expense benefit changed year-over-year?

Novanta's US — current income tax expense benefit decreased by 84.5% year-over-year, from $2.8M to $433.25K.

What is the long-term trend for Novanta's US — current income tax expense benefit?

Over 4 years (2021 to 2025), Novanta's US — current income tax expense benefit has grown at a 70.5% compound annual growth rate (CAGR), from $205K to $1.73M.

What does US — current income tax expense benefit mean?

This represents the amount of income tax payable or refundable for the current period based on the taxable income generated within the US segment. It reflects the immediate cash tax impact of domestic operations and is influenced by statutory tax rates and applicable deductions. Monitoring this helps in understanding the effective tax burden on domestic earnings.