Novanta (NOVT) Free Cash Flow (2010 - 2026)
Novanta (NOVT) reported Free Cash Flow of $47.5 million for Q2 2026, up 73.24% on a YoY basis from $27.4 million in Q2 2025, and up 142.06% quarter-over-quarter from $19.6 million in Q4 2025.
Novanta (NOVT) Free Cash Flow (2010 - 2026) Analysis & Trends
Novanta has reported Free Cash Flow for 17 years, with the latest figure at $47.5 million in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 73.24% year-over-year to $47.5 million; the trailing twelve-month figure through Apr 2026 stood at $83.0 million (down 47.14% YoY), and the FY2025 full-year result was $62.9 million, down 59.67% from the prior year.
- Free Cash Flow for Q2 2026 stood at $47.5 million, up from $19.6 million in the prior quarter.
- The five-year high for Free Cash Flow was $73.9 million in Q4 2024, with the low at $4.2 million in Q3 2025.
- Historically, Free Cash Flow has averaged $27.9 million across 5 years, with a median of $22.9 million in 2023.
- Annual changes were most pronounced in 2024 — Free Cash Flow soared 298.7% — and 2025, when it slumped 78.36%.
- Novanta's Free Cash Flow stood at $54.3 million in 2022, then slipped by 3.96% to $52.2 million in 2023, then soared by 41.76% to $73.9 million in 2024, then plunged by 73.48% to $19.6 million in 2025, then surged by 142.06% to $47.5 million in 2026.
- The last three Free Cash Flow figures came in at $47.5 million (Q2 2026), $19.6 million (Q4 2025), and $4.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | -38.19 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 407.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 469.37 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 204.30 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 28.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 208.20 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 268.60 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 42.34 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 58.53 Mn |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | 47.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 47.47 Mn |
| Apr 3, 2026 | 47.47 Mn |
| Dec 31, 2025 | 19.61 Mn |
| Dec 31, 2025 | 19.61 Mn |
| Sep 26, 2025 | 4.21 Mn |
| Sep 26, 2025 | 4.21 Mn |
| Jun 27, 2025 | 11.68 Mn |
| Jun 27, 2025 | 11.68 Mn |
| Mar 28, 2025 | 27.40 Mn |
| Mar 28, 2025 | 27.40 Mn |
| Dec 31, 2024 | 73.95 Mn |
| Dec 31, 2024 | 73.95 Mn |
| Sep 27, 2024 | 19.47 Mn |
| Sep 27, 2024 | 19.47 Mn |
| Jun 28, 2024 | 36.16 Mn |
| Jun 28, 2024 | 36.16 Mn |
| Mar 29, 2024 | 26.41 Mn |
| Mar 29, 2024 | 26.41 Mn |
| Dec 31, 2023 | 52.16 Mn |
| Dec 31, 2023 | 52.16 Mn |