Novanta (NOVT) Current Taxes (2010 - 2026)
Novanta (NOVT) posted Current Taxes of $11.82 million for Q2 2026, down 8.6% from $12.94 million a year earlier but up 49.9% from the prior quarter.
Analysis
Novanta (NOVT) Current Taxes (2010 - 2026) Analysis & Trends
At the end of FY2025, Novanta's Current Taxes came in at $5.86 million, down 63.4% from FY2024.
- Annual Current Taxes shows a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- In prior years, Novanta's Current Taxes was $16 million in FY2024 (+106.0%), $7.77 million in FY2023 (-43.1%), $13.66 million in FY2022 (+202.6%) and $4.51 million in FY2021 (-22.0%).
- Quarterly Current Taxes has run from a low of $4.01 million in Q3 2025 to a high of $16 million in Q4 2024 over five years.
- On a year-over-year basis, Current Taxes has declined in each of the last five quarters, with growth averaging 8.0% over the last eight quarters.
- The strongest year-over-year quarter for Current Taxes in the past five years was Q4 2022, with growth of 202.6%; the weakest was Q3 2025, with a decline of 74.0%.
- According to Business Quant data, Current Taxes for the three prior quarters was $7.89 million (Q1 2026), $5.86 million (Q4 2025) and $4.01 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | - |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 351.00 Mn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 1.01 Bn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | - |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | - |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 74.80 Mn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 123.00 Mn |
| 10 | Novanta | 5.72 Bn | 4.14 Bn | 120.92 Mn | 11.82 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Novanta Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "NOVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();