Novanta (NOVT) Capital Expenditures (2010 - 2026)
Novanta (NOVT) recorded Capital Expenditures of $7.47 million in Q2 2026, up 120.4% from $3.39 million a year earlier and up 80.4% from the prior quarter.
Novanta (NOVT) Capital Expenditures (2010 - 2026) Analysis & Trends
On a TTM basis, Novanta's Capital Expenditures came in at $19.56 million as of Jul 3, 2026, up 45.1% year-over-year; for FY2025, it came in at $15.63 million, down 8.9% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 8.2% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $17.16 million in FY2024 (-14.0%), $19.96 million in FY2023 (+1.6%), $19.64 million in FY2022 (-1.7%) and $19.98 million in FY2021 (+89.8%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures in data going back to Q3 2010.
- On a year-over-year basis, Capital Expenditures rose in three of the last eight quarters, with growth averaging 3.1%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 142.3% in Q3 2021, against a decline of 63.8% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.14 million (Q1 2026), $3.67 million (Q4 2025) and $4.28 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 587.00 Mn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 355.50 Mn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 638.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 253.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 173.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 173.30 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 102.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 223.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 92.00 Mn |
| 10 | Novanta | 5.38 Bn | 3.80 Bn | 120.92 Mn | 7.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 7.47 Mn |
| Apr 3, 2026 | 4.14 Mn |
| Dec 31, 2025 | 3.67 Mn |
| Sep 26, 2025 | 4.28 Mn |
| Jun 27, 2025 | 3.39 Mn |
| Mar 28, 2025 | 4.28 Mn |
| Dec 31, 2024 | 2.25 Mn |
| Sep 27, 2024 | 3.56 Mn |
| Jun 28, 2024 | 4.94 Mn |
| Mar 29, 2024 | 6.42 Mn |
| Dec 31, 2023 | 6.22 Mn |
| Sep 29, 2023 | 6.80 Mn |
| Jun 30, 2023 | 3.33 Mn |
| Mar 31, 2023 | 3.62 Mn |
| Dec 31, 2022 | 4.26 Mn |
| Sep 30, 2022 | 3.28 Mn |
| Jul 1, 2022 | 5.80 Mn |
| Apr 1, 2022 | 6.31 Mn |
| Dec 31, 2021 | 5.22 Mn |
| Oct 1, 2021 | 6.12 Mn |
Novanta Capital Expenditures 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=capital-expenditures&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();