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Novanta NOVT Operating margin

Operating margin at other companies

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StrykerSYK
21.4%+6.2pp
Intuitive Surgical logo
Intuitive SurgicalISRG
31.3%+2.5pp
Allient Inc. logo
Allient Inc.ALNT
7.9%+2.8pp
Nordson logo
NordsonNDSN
26.4%+2.1pp
Globus Medical logo
Globus MedicalGMED
20.3%+9.6pp
Belden logo
BeldenBDC
11.5%+0.3pp

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
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

Calculated from Novanta’s reported figures.

Based on trailing twelve months.

The source filing: Novanta’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 5:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335404

FAQ

What is Novanta's operating margin?
Novanta (NOVT) reported operating margin of 9% in Q2 2026.
How has Novanta's operating margin changed year-over-year?
Novanta's operating margin decreased by 19.6% year-over-year, from 11.1% to 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.

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