Growth Metrics

Novanta (NOVT) Current Taxes: 2009-2024

Historic Current Taxes for Novanta (NOVT) over the last 16 years, with Dec 2024 value amounting to $16.0 million.

  • Novanta's Current Taxes fell 74.00% to $4.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $4.0 million, marking a year-over-year decrease of 74.00%. This contributed to the annual value of $16.0 million for FY2024, which is 106.00% up from last year.
  • Novanta's Current Taxes amounted to $16.0 million in FY2024, which was up 106.00% from $7.8 million recorded in FY2023.
  • In the past 5 years, Novanta's Current Taxes registered a high of $16.0 million during FY2024, and its lowest value of $4.5 million during FY2021.
  • Over the past 3 years, Novanta's median Current Taxes value was $13.7 million (recorded in 2022), while the average stood at $12.5 million.
  • Its Current Taxes has fluctuated over the past 5 years, first soared by 210.96% in 2020, then plummeted by 43.14% in 2023.
  • Yearly analysis of 5 years shows Novanta's Current Taxes stood at $5.8 million in 2020, then dropped by 22.00% to $4.5 million in 2021, then skyrocketed by 202.61% to $13.7 million in 2022, then slumped by 43.14% to $7.8 million in 2023, then surged by 106.00% to $16.0 million in 2024.