Novanta (NOVT) Current Taxes (2010 - 2026)
Novanta's (NOVT) quarterly Current Taxes came in at $7.9 million in Q2 2026, down 50.64% YoY from $16.0 million in Q2 2025, and up 34.68% on a QoQ basis from $5.9 million in Q4 2025.
Novanta (NOVT) Current Taxes (2010 - 2026) Analysis & Trends
Novanta (NOVT) has 17 years of Current Taxes data on file, last reported at $7.9 million in Q2 2026.
- Quarterly Current Taxes fell 50.64% year-over-year to $7.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $7.9 million (down 50.64% YoY) and the FY2025 annual result came in at $5.9 million, down 63.4% from the prior year.
- Current Taxes rose to $7.9 million in Q2 2026, from $5.9 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $16.0 million in Q4 2024 to a low of $4.0 million in Q3 2025.
- A 5-year average of $10.3 million and a median of $7.9 million in 2026 frame the typical range for Current Taxes.
- Annual changes were most pronounced in 2022 — Current Taxes surged 202.61% — and 2025, when it tumbled 74.0%.
- Tracing NOVT's Current Taxes over 5 years: stood at $13.7 million in 2022, then plunged by 43.14% to $7.8 million in 2023, then surged by 106.0% to $16.0 million in 2024, then slumped by 63.4% to $5.9 million in 2025, then jumped by 34.68% to $7.9 million in 2026.
- The last three Current Taxes figures came in at $7.9 million (Q2 2026), $5.9 million (Q4 2025), and $4.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 326.08 Mn |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 124.00 Mn |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | 173.25 Mn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | - |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 53.00 Mn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | - |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | 6.60 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 9.13 Mn |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 5.75 Mn |
| 10 | Novanta | 5.97 Bn | 5.25 Bn | 120.92 Mn | 11.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 11.82 Mn |
| Apr 3, 2026 | 7.89 Mn |
| Dec 31, 2025 | 5.86 Mn |
| Sep 26, 2025 | 4.01 Mn |
| Jun 27, 2025 | 12.94 Mn |
| Mar 28, 2025 | 15.98 Mn |
| Dec 31, 2024 | 16.00 Mn |
| Sep 27, 2024 | 15.41 Mn |
| Jun 28, 2024 | 13.23 Mn |
| Mar 29, 2024 | 11.13 Mn |
| Dec 31, 2023 | 7.77 Mn |
| Sep 29, 2023 | 7.22 Mn |
| Jun 30, 2023 | 6.59 Mn |
| Mar 31, 2023 | 14.48 Mn |
| Dec 31, 2022 | 13.66 Mn |
| Sep 30, 2022 | 7.82 Mn |
| Jul 1, 2022 | 6.83 Mn |
| Apr 1, 2022 | 7.70 Mn |
| Dec 31, 2021 | 4.51 Mn |
| Oct 1, 2021 | 5.67 Mn |