Novanta (NOVT) Current Taxes (2010 - 2026)
Novanta (NOVT) reported Current Taxes of $7.9 million for Q2 2026, down 50.64% on a YoY basis from $16.0 million in Q2 2025, and up 34.68% quarter-over-quarter from $5.9 million in Q4 2025.
Novanta (NOVT) Current Taxes (2010 - 2026) Analysis & Trends
Novanta has reported Current Taxes for 17 years, with the latest figure at $7.9 million in Q2 2026.
- For the quarter ending Q2 2026, Current Taxes fell 50.64% year-over-year to $7.9 million; the trailing twelve-month figure through Apr 2026 stood at $7.9 million (down 50.64% YoY), and the FY2025 full-year result was $5.9 million, down 63.4% from the prior year.
- Current Taxes for Q2 2026 stood at $7.9 million, up from $5.9 million in the prior quarter.
- The five-year high for Current Taxes was $16.0 million in Q4 2024, with the low at $4.0 million in Q3 2025.
- Historically, Current Taxes has averaged $10.3 million across 5 years, with a median of $7.9 million in 2026.
- Annual changes were most pronounced in 2022 — Current Taxes surged 202.61% — and 2025, when it tumbled 74.0%.
- Novanta's Current Taxes 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 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 99.25 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 196.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 308.30 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | - |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 52.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | - |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 15.50 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 6.17 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 5.62 Mn |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | 7.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 2, 2021 | 4.75 Mn |