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Novanta NOVT Operating margin

Operating margin at other companies

Stryker logo
StrykerSYK
19.7%+4.4pp
Intuitive Surgical logo
Intuitive SurgicalISRG
30.5%+2.3pp
Onto Innovation logo
Onto InnovationONTO
10%-10.2pp
Nordson logo
NordsonNDSN
26.4%+2.1pp
Globus Medical logo
Globus MedicalGMED
17.2%+7.0pp
Belden logo
BeldenBDC
11.5%+0.3pp

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%

Profitability

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Gross margin44.2%-0.5pp
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

Calculated from Novanta’s reported figures.

Based on trailing twelve months.

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 operating margin?
Novanta (NOVT) reported operating margin of 8.9% in Q1 2026.
How has Novanta's operating margin changed year-over-year?
Novanta's operating margin decreased by 28.1% year-over-year, from 12.3% to 8.9%.
What is the long-term trend for Novanta's operating margin?
Over 5 years (2020 to 2025), Novanta's operating margin has grown at a 0.3% compound annual growth rate (CAGR), from 9.5% to 9.6%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.