Novanta (NOVT) Deferred Taxes (2010 - 2026)
Novanta (NOVT) reported Deferred Taxes of -$2.9 million for Q2 2026, down 20.23% on a YoY basis from -$3.6 million in Q2 2025, and down 19.43% quarter-over-quarter from -$2.4 million in Q4 2025.
Novanta (NOVT) Deferred Taxes (2010 - 2026) Analysis & Trends
Novanta has reported Deferred Taxes for 17 years, with the latest figure at -$2.9 million in Q2 2026.
- For the quarter ending Q2 2026, Deferred Taxes fell 20.23% year-over-year to -$2.9 million; the trailing twelve-month figure through Apr 2026 stood at -$9.3 million (up 36.01% YoY), and the FY2025 full-year result was -$8.9 million, up 44.35% from the prior year.
- Deferred Taxes for Q2 2026 stood at -$2.9 million, down from -$2.4 million in the prior quarter.
- The five-year high for Deferred Taxes was -$1.3 million in Q3 2025, with the low at -$5.1 million in Q2 2022.
- Historically, Deferred Taxes has averaged -$3.6 million across 5 years, with a median of -$4.0 million in 2023.
- Annual changes were most pronounced in 2022 — Deferred Taxes tumbled 1722.3% — and 2025, when it jumped 69.74%.
- Novanta's Deferred Taxes stood at -$4.0 million in 2022, then surged by 40.44% to -$2.4 million in 2023, then tumbled by 66.85% to -$4.0 million in 2024, then surged by 39.79% to -$2.4 million in 2025, then fell by 19.43% to -$2.9 million in 2026.
- The last three Deferred Taxes figures came in at -$2.9 million (Q2 2026), -$2.4 million (Q4 2025), and -$1.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | -64.97 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | -1.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 3.30 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | - |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | -24.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | - |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 4.30 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | -4.74 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 1.79 Mn |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | -2.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | -2.88 Mn |
| Dec 31, 2025 | -2.41 Mn |
| Sep 26, 2025 | -1.27 Mn |
| Jun 27, 2025 | -2.78 Mn |
| Mar 28, 2025 | -2.39 Mn |
| Dec 31, 2024 | -4.00 Mn |
| Sep 27, 2024 | -4.20 Mn |
| Jun 28, 2024 | -4.00 Mn |
| Mar 29, 2024 | -3.71 Mn |
| Dec 31, 2023 | -2.40 Mn |
| Sep 29, 2023 | -4.66 Mn |
| Jun 30, 2023 | -3.97 Mn |
| Mar 31, 2023 | -3.70 Mn |
| Dec 31, 2022 | -4.03 Mn |
| Sep 30, 2022 | -5.12 Mn |
| Jul 1, 2022 | -4.36 Mn |
| Apr 1, 2022 | -5.14 Mn |
| Dec 31, 2021 | -881,000.00 |
| Oct 1, 2021 | -2.37 Mn |
| Jul 2, 2021 | 269,000.00 |