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Novanta NOVT US State Credits — Tax Credit Carryforward Expiration Year

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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$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 novt:TaxCreditCarryforwardExpirationYear.

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

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

FAQ

What is Novanta's US state credits — tax credit carryforward expiration year?
Novanta (NOVT) reported US state credits — tax credit carryforward expiration year of 511.5 in Q4 2025.
How has Novanta's US state credits — tax credit carryforward expiration year changed year-over-year?
Novanta's US state credits — tax credit carryforward expiration year increased by 0.3% year-over-year, from 509.8 to 511.5.
What does US state credits — tax credit carryforward expiration year mean?
This metric indicates the calendar year in which the company's accumulated state tax credits are scheduled to expire if they remain unused. It provides a timeline for management to utilize these tax assets before they are forfeited, serving as a key indicator of tax planning efficiency. A longer duration to expiration suggests greater flexibility in timing tax utilization to optimize cash flow and earnings.

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