Novanta (NOVT) Change in Inventory (2010 - 2026)
Novanta (NOVT) reported Change in Inventory of $6.8 million for Q2 2026, up 11091.8% on a YoY basis from N/an in Q2 2025, and down 22.32% quarter-over-quarter from $8.8 million in Q4 2025.
Novanta (NOVT) Change in Inventory (2010 - 2026) Analysis & Trends
Novanta has reported Change in Inventory for 17 years, with the latest figure at $6.8 million in Q2 2026.
- For the quarter ending Q2 2026, Change in Inventory rose 11091.8% year-over-year to $6.8 million; the trailing twelve-month figure through Apr 2026 stood at $42.9 million (up 3299.44% YoY), and the FY2025 full-year result was $36.1 million, up 855.09% from the prior year.
- Change in Inventory for Q2 2026 stood at $6.8 million, down from $8.8 million in the prior quarter.
- The five-year high for Change in Inventory was $18.6 million in Q3 2022, with the low at -$5.7 million in Q4 2023.
- Historically, Change in Inventory has averaged $5.0 million across 5 years, with a median of $2.0 million in 2022.
- Annual changes were most pronounced in 2023 — Change in Inventory plunged 388.07% — and 2026, when it surged 11091.8%.
- Novanta's Change in Inventory stood at $2.0 million in 2022, then tumbled by 388.07% to -$5.7 million in 2023, then surged by 106.96% to $400000.0 in 2024, then jumped by 2097.25% to $8.8 million in 2025, then declined by 22.32% to $6.8 million in 2026.
- The last three Change in Inventory figures came in at $6.8 million (Q2 2026), $8.8 million (Q4 2025), and $13.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 278.05 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 3.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 95.06 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 86.70 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 49.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 14.80 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 800,000.00 |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | -8,000.00 |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | - |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | 6.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 6.83 Mn |
| Apr 3, 2026 | 6.83 Mn |
| Dec 31, 2025 | 8.79 Mn |
| Dec 31, 2025 | 8.79 Mn |
| Sep 26, 2025 | 13.06 Mn |
| Sep 26, 2025 | 13.06 Mn |
| Jun 27, 2025 | 14.20 Mn |
| Jun 27, 2025 | 14.20 Mn |
| Mar 28, 2025 | 61,000.00 |
| Mar 28, 2025 | 61,000.00 |
| Dec 31, 2024 | 400,000.00 |
| Dec 31, 2024 | 400,000.00 |
| Sep 27, 2024 | 400,000.00 |
| Sep 27, 2024 | 400,000.00 |
| Jun 28, 2024 | 400,000.00 |
| Jun 28, 2024 | 400,000.00 |
| Mar 29, 2024 | 3.78 Mn |
| Mar 29, 2024 | 3.78 Mn |
| Dec 31, 2023 | -5.75 Mn |
| Dec 31, 2023 | -5.75 Mn |