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Novanta NOVT Share Buybacks

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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$6.29B+54.6%
Enterprise value$5.86B+30.9%
P/E101.9×+35.5×
P/S6.1×+1.9×

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:PaymentsForRepurchaseOfCommonStock.

The source filing: Novanta’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 5:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-217064
Line itemThree Months Ended / April 3, 2026Three Months Ended / March 28, 2025
Repayments of debt(8,800)(29,719)
Payments of issuance costs related to tangible equity units(1,293)
Payments of withholding taxes from share-based awards(6,982)(6,669)
Repurchases of common shares(18,638)(6,157)
Payments of contingent consideration related to acquisitions(4,393)
Other financing activities(16)(186)
Net cash used in financing activities(40,122)(42,731)
Effect of exchange rates on cash and cash equivalents2371,850

Item 1. Financial Statements

FAQ

What is Novanta's share buybacks?
Novanta (NOVT) reported share buybacks of $18.64M in Q1 2026.
How has Novanta's share buybacks changed year-over-year?
Novanta's share buybacks increased by 202.7% year-over-year, from $6.16M to $18.64M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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