Novanta (NOVT) Deferred Taxes (2010 - 2026)
Novanta's (NOVT) quarterly Deferred Taxes came in at -$2.9 million in Q2 2026, down 20.23% YoY from -$3.6 million in Q2 2025, and down 19.43% on a QoQ basis from -$2.4 million in Q4 2025.
Novanta (NOVT) Deferred Taxes (2010 - 2026) Analysis & Trends
Novanta (NOVT) has 17 years of Deferred Taxes data on file, last reported at -$2.9 million in Q2 2026.
- Quarterly Deferred Taxes fell 20.23% year-over-year to -$2.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$9.3 million (up 36.01% YoY) and the FY2025 annual result came in at -$8.9 million, up 44.35% from the prior year.
- Deferred Taxes eased to -$2.9 million in Q2 2026, from -$2.4 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of -$1.3 million in Q3 2025 to a low of -$5.1 million in Q2 2022.
- A 5-year average of -$3.6 million and a median of -$4.0 million in 2023 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes tumbled 1722.3% — and 2025, when it jumped 69.74%.
- Tracing NOVT's Deferred Taxes over 5 years: 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 117,000.00 |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | -29.00 Mn |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | -60.70 Mn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | - |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | -20.00 Mn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | - |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | 1.00 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | -356,000.00 |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | -19,000.00 |
| 10 | Novanta | 5.97 Bn | 5.25 Bn | 120.92 Mn | -2.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | -2.60 Mn |
| 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 |