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Novanta NOVT Operating Lease Liabilities

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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 us-gaap:OperatingLeaseLiabilityNoncurrent.

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 itemJuly 3, 2026December 31, 2025
Accrued expenses and other current liabilities85,20563,498
Total current liabilities245,882212,367
Long-term debt188,157212,538
Operating lease liabilities43,28638,873
Deferred tax liabilities16,60718,092
Income taxes payable4,6883,963
Other liabilities24,4876,986
Total liabilities523,107492,819

Item 1. Financial Statements

FAQ

What is Novanta's operating lease liabilities?
Novanta (NOVT) reported operating lease liabilities of $43.29M in Q2 2026.
How has Novanta's operating lease liabilities changed year-over-year?
Novanta's operating lease liabilities increased by 5.4% year-over-year, from $41.09M to $43.29M.
What is the long-term trend for Novanta's operating lease liabilities?
Over 5 years (2020 to 2025), Novanta's operating lease liabilities has grown at a 3.5% compound annual growth rate (CAGR), from $32.8M to $38.87M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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