Novanta (NOVT) Asset Writedowns and Impairment (2010 - 2026)
Novanta (NOVT) recorded Asset Writedowns and Impairment of $964,000 in Q2 2026, up 3.3% from $933,000 a year earlier and up 35.8% from the prior quarter.
Novanta (NOVT) Asset Writedowns and Impairment (2010 - 2026) Analysis & Trends
On a TTM basis, Novanta's Asset Writedowns and Impairment came in at $3.25 million as of Jul 3, 2026, down 31.3% year-over-year; for FY2025, it was $3.27 million, down 62.8% from FY2024.
- Annual Asset Writedowns and Impairment has a five-year compound annual growth rate of -4.0% (FY2020 to FY2025).
- Across earlier years, Asset Writedowns and Impairment came in at $8.78 million in FY2024 (+17.2%), $7.49 million in FY2023 (+150.7%), $2.99 million in FY2022 (-17.6%) and $3.63 million in FY2021 (-9.4%).
- Quarterly Asset Writedowns and Impairment has ranged from $397,000 in Q1 2022 to $4.32 million in Q2 2024 over the past five years.
- On a year-over-year basis, Asset Writedowns and Impairment rose in two of the last eight quarters, with an average decline of 26.7%.
- Peak year-over-year performance for Asset Writedowns and Impairment in the last five years was growth of 420.7% in Q1 2023, against a decline of 78.4% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $710,000 (Q1 2026), $588,000 (Q4 2025) and $987,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn |
| 10 | Novanta | 5.64 Bn | 4.07 Bn | 120.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 964,000.00 |
| Apr 3, 2026 | 710,000.00 |
| Dec 31, 2025 | 588,000.00 |
| Sep 26, 2025 | 987,000.00 |
| Jun 27, 2025 | 933,000.00 |
| Mar 28, 2025 | 757,000.00 |
| Dec 31, 2024 | 1.46 Mn |
| Sep 27, 2024 | 1.58 Mn |
| Jun 28, 2024 | 4.32 Mn |
| Mar 29, 2024 | 1.42 Mn |
| Dec 31, 2023 | 928,000.00 |
| Sep 29, 2023 | 2.89 Mn |
| Jun 30, 2023 | 1.61 Mn |
| Mar 31, 2023 | 2.07 Mn |
| Dec 31, 2022 | 1.05 Mn |
| Sep 30, 2022 | 936,000.00 |
| Jul 1, 2022 | 607,000.00 |
| Apr 1, 2022 | 397,000.00 |
| Dec 31, 2021 | 440,000.00 |
| Oct 1, 2021 | 682,000.00 |
Novanta Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "NOVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();