Novanta (NOVT) Change in Taxes (2010 - 2026)

Novanta (NOVT) reported Change in Taxes of $138000.0 for Q2 2026, up 31.43% on a YoY basis from $105000.0 in Q2 2025, and up 101.07% quarter-over-quarter from -$12.9 million in Q4 2025.

Novanta (NOVT) Change in Taxes (2010 - 2026) Analysis & Trends

Novanta has reported Change in Taxes for 17 years, with the latest figure at $138000.0 in Q2 2026.

  • For the quarter ending Q2 2026, Change in Taxes rose 31.43% year-over-year to $138000.0; the trailing twelve-month figure through Apr 2026 stood at -$12.3 million (down 244.24% YoY), and the FY2025 full-year result was -$12.4 million, down 237.37% from the prior year.
  • Change in Taxes for Q2 2026 stood at $138000.0, up from -$12.9 million in the prior quarter.
  • The five-year high for Change in Taxes was $7.9 million in Q4 2024, with the low at -$12.9 million in Q4 2025.
  • Historically, Change in Taxes has averaged -$153062.5 across 5 years, with a median of $160000.0 in 2023.
  • Annual changes were most pronounced in 2023 — Change in Taxes jumped 6640.0% — and 2025, when it plunged 262.65%.
  • Novanta's Change in Taxes stood at $5000.0 in 2022, then jumped by 6640.0% to $337000.0 in 2023, then jumped by 2257.27% to $7.9 million in 2024, then sank by 262.65% to -$12.9 million in 2025, then jumped by 101.07% to $138000.0 in 2026.
  • The last three Change in Taxes figures came in at $138000.0 (Q2 2026), -$12.9 million (Q4 2025), and $241000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 8.08 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn -41.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn -54.84 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn -
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 10.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn -
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn -2.30 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn -2.91 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn -
10 Novanta 6.47 Bn 6.08 Bn 113.58 Mn 138,000.00

Historic Data

Download Data
DateValue
Apr 3, 2026 138,000.00
Apr 3, 2026 138,000.00
Dec 31, 2025 -12.92 Mn
Dec 31, 2025 -12.92 Mn
Sep 26, 2025 241,000.00
Sep 26, 2025 241,000.00
Jun 27, 2025 194,000.00
Jun 27, 2025 194,000.00
Mar 28, 2025 105,000.00
Mar 28, 2025 105,000.00
Dec 31, 2024 7.94 Mn
Dec 31, 2024 7.94 Mn
Sep 27, 2024 330,000.00
Sep 27, 2024 330,000.00
Jun 28, 2024 182,000.00
Jun 28, 2024 182,000.00
Mar 29, 2024 557,000.00
Mar 29, 2024 557,000.00
Dec 31, 2023 337,000.00
Dec 31, 2023 337,000.00