Novanta (NOVT) Cost of Revenue (2010 - 2026)
Novanta (NOVT) reported Cost of Revenue of $144.1 million for Q2 2026, up 11.72% on a YoY basis from $129.0 million in Q2 2025, and down 0.66% quarter-over-quarter from $145.1 million in Q4 2025.
Novanta (NOVT) Cost of Revenue (2010 - 2026) Analysis & Trends
Novanta has reported Cost of Revenue for 17 years, with the latest figure at $144.1 million in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 11.72% year-over-year to $144.1 million; the trailing twelve-month figure through Apr 2026 stood at $560.4 million (up 6.5% YoY), and the FY2025 full-year result was $545.3 million, up 3.34% from the prior year.
- Cost of Revenue for Q2 2026 stood at $144.1 million, down from $145.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $145.1 million in Q4 2025, with the low at $113.9 million in Q2 2022.
- Historically, Cost of Revenue has averaged $128.3 million across 5 years, with a median of $129.0 million in 2025.
- Annual changes were most pronounced in 2022 — Cost of Revenue climbed 26.28% — and 2023, when it dropped 7.12%.
- Novanta's Cost of Revenue stood at $123.8 million in 2022, then decreased by 7.12% to $115.0 million in 2023, then grew by 12.89% to $129.8 million in 2024, then rose by 11.75% to $145.1 million in 2025, then retreated by 0.66% to $144.1 million in 2026.
- The last three Cost of Revenue figures came in at $144.1 million (Q2 2026), $145.1 million (Q4 2025), and $136.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.26 Bn | 65.96 Bn | 679.95 Mn | 1.13 Bn |
| 2 | Keysight Technologies | 55.85 Bn | 53.67 Bn | 995.00 Mn | 605.00 Mn |
| 3 | Garmin | 44.69 Bn | 41.99 Bn | 1.04 Bn | 711.20 Mn |
| 4 | Teledyne Technologies | 27.94 Bn | 27.64 Bn | 673.80 Mn | 886.30 Mn |
| 5 | Mks | 21.31 Bn | 20.74 Bn | 507.00 Mn | 571.00 Mn |
| 6 | Fortive | 18.59 Bn | 18.25 Bn | 675.50 Mn | 393.90 Mn |
| 7 | Trimble | 11.88 Bn | 11.64 Bn | 646.30 Mn | 293.60 Mn |
| 8 | Cognex | 9.78 Bn | 9.48 Bn | 190.94 Mn | 77.50 Mn |
| 9 | Esco Technologies | 7.93 Bn | 7.83 Bn | 131.32 Mn | 178.03 Mn |
| 10 | Novanta | 6.26 Bn | 5.87 Bn | 113.58 Mn | 144.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |