Novanta (NOVT) Cost of Revenue (2010 - 2026)

Novanta (NOVT) posted Cost of Revenue of $144.1 million for Q2 2026, down 0.66% quarter-over-quarter from $145.1 million in Q4 2025, and up 11.72% year-on-year from $129.0 million in Q2 2025.

Novanta (NOVT) Cost of Revenue (2010 - 2026) Analysis & Trends

Novanta (NOVT) has reported Cost of Revenue for 17 consecutive years, with $144.1 million the latest figure, recorded in Q2 2026.

  • Cost of Revenue for Q2 2026 came in at $144.1 million, up 11.72% year-over-year; the trailing twelve-month figure through Apr 2026 was $560.4 million (up 6.5% YoY), and the FY2025 annual result was $545.3 million, up 3.34% from the prior year.
  • Cost of Revenue was $144.1 million for Q2 2026 at Novanta, down from $145.1 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $145.1 million in Q4 2025 and troughed at $113.9 million in Q2 2022.
  • Average Cost of Revenue over 5 years is $128.3 million, with a median of $129.0 million recorded in 2025.
  • Year-over-year, Cost of Revenue increased 26.28% in 2022 and fell 7.12% in 2023.
  • Over 5 years, Cost of Revenue stood at $123.8 million in 2022, then declined by 7.12% to $115.0 million in 2023, then gained by 12.89% to $129.8 million in 2024, then climbed by 11.75% to $145.1 million in 2025, then dropped by 0.66% to $144.1 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $144.1 million in Q2 2026, $145.1 million in Q4 2025, and $136.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.13 Bn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 144.13 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 605.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 886.30 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 393.90 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 293.60 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 77.50 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 648.50 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 711.20 Mn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 117.95 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 144.13 Mn
Apr 3, 2026 144.13 Mn
Dec 31, 2025 145.09 Mn
Dec 31, 2025 145.09 Mn
Sep 26, 2025 136.92 Mn
Sep 26, 2025 136.92 Mn
Jun 27, 2025 134.30 Mn
Jun 27, 2025 134.30 Mn
Mar 28, 2025 129.01 Mn
Mar 28, 2025 129.01 Mn
Dec 31, 2024 129.84 Mn
Dec 31, 2024 129.84 Mn
Sep 27, 2024 135.19 Mn
Sep 27, 2024 135.19 Mn
Jun 28, 2024 132.18 Mn
Jun 28, 2024 132.18 Mn
Mar 29, 2024 130.50 Mn
Mar 29, 2024 130.50 Mn
Dec 31, 2023 115.01 Mn
Dec 31, 2023 115.01 Mn