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Novanta NOVT US — Operating Loss Carryforwards

Other geography segments

CA
$6.5M

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ANN
ANNAUS — Operating Loss Carryforwards
$700K

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$5.82B+42.2%
Enterprise value$5.38B+19.7%
P/E94.2×+27.5×
P/S5.7×+1.4×

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:OperatingLossCarryforwards.

The source filing: Novanta’s 10-K, filed February 23, 2026.

Filed
Feb 23, 2026, 4:57 PM EST
Fiscal year
FY2025
Accession
0001193125-26-064230

As of December 31, 2025, the Company had net operating loss carry forwards of $7.6 million (tax effected). Of this amount, approximately $7.1 million relates to Canada and begins to expire starting in 2033 and had a full valuation allowance. The remainder $0.5 million relates to various U.S. jurisdictions, which will begin to expire in 2026 through 2045. In addition, the Company had capital loss carryforwards of $5.9 million, which can be carried forward indefinitely and had a full valuation allowance. Of this amount, $4.9 million, and $1.0 million related to Canada, and the U.K., respectively.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Novanta's US — operating loss carryforwards?
Novanta (NOVT) reported US — operating loss carryforwards of $500K in Q4 2025.
How has Novanta's US — operating loss carryforwards changed year-over-year?
Novanta's US — operating loss carryforwards increased by 66.7% year-over-year, from $300K to $500K.
What does US — operating loss carryforwards mean?
This represents the total amount of net operating losses incurred in the US segment that can be carried forward to offset future taxable income. It serves as a potential tax shield, reducing future tax liabilities and improving cash flow. Investors monitor this to assess the company's ability to lower its future effective tax rate through historical losses.

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