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Novanta (NOVT) Deferred Taxes: 2009-2024

Historic Deferred Taxes for Novanta (NOVT) over the last 16 years, with Dec 2024 value amounting to -$15.9 million.

  • Novanta's Deferred Taxes rose 69.74% to -$1.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$10.4 million, marking a year-over-year increase of 26.99%. This contributed to the annual value of -$15.9 million for FY2024, which is 8.03% down from last year.
  • Novanta's Deferred Taxes amounted to -$15.9 million in FY2024, which was down 8.03% from -$14.7 million recorded in FY2023.
  • In the past 5 years, Novanta's Deferred Taxes ranged from a high of -$3.9 million in FY2021 and a low of -$18.7 million during FY2022.
  • For the 3-year period, Novanta's Deferred Taxes averaged around -$16.4 million, with its median value being -$15.9 million (2024).
  • Per our database at Business Quant, Novanta's Deferred Taxes plummeted by 372.85% in 2022 and then rose by 21.06% in 2023.
  • Yearly analysis of 5 years shows Novanta's Deferred Taxes stood at -$4.1 million in 2020, then grew by 4.08% to -$3.9 million in 2021, then slumped by 372.85% to -$18.7 million in 2022, then increased by 21.06% to -$14.7 million in 2023, then dropped by 8.03% to -$15.9 million in 2024.