Novanta (NOVT) Free Cash Flow (2010 - 2026)
Novanta (NOVT) posted Free Cash Flow of $57.47 million for Q2 2026, up 391.8% from $11.68 million a year earlier and up 21.1% from the prior quarter.
Novanta (NOVT) Free Cash Flow (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, Free Cash Flow at Novanta was $114.28 million, down 3.0% year-over-year; for FY2025, it was $48.43 million, down 65.7% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of -17.9% (FY2020 to FY2025).
- In prior years, Novanta's Free Cash Flow was $141.35 million in FY2024 (+41.2%), $100.11 million in FY2023 (+40.7%), $71.14 million in FY2022 (-4.7%) and $74.65 million in FY2021 (-42.5%).
- The Q2 2026 figure stands as the highest quarterly Free Cash Flow since Q4 2024.
- On a year-over-year basis, Free Cash Flow increased in four of the last eight quarters, with growth averaging 33.0%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q2 2026, with growth of 391.8%; the weakest was Q4 2025, with a decline of 91.3%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $47.47 million (Q1 2026), $5.13 million (Q4 2025) and $4.21 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 3.78 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 1.20 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 1.57 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 874.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 1.56 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 926.50 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 1.32 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 763.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 631.00 Mn |
| 10 | Novanta | 5.38 Bn | 3.80 Bn | 120.92 Mn | 57.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 57.47 Mn |
| Apr 3, 2026 | 47.47 Mn |
| Dec 31, 2025 | 5.13 Mn |
| Sep 26, 2025 | 4.21 Mn |
| Jun 27, 2025 | 11.68 Mn |
| Mar 28, 2025 | 27.40 Mn |
| Dec 31, 2024 | 59.31 Mn |
| Sep 27, 2024 | 19.47 Mn |
| Jun 28, 2024 | 36.16 Mn |
| Mar 29, 2024 | 26.41 Mn |
| Dec 31, 2023 | 32.77 Mn |
| Sep 29, 2023 | 37.85 Mn |
| Jun 30, 2023 | 22.87 Mn |
| Mar 31, 2023 | 6.63 Mn |
| Dec 31, 2022 | 36.35 Mn |
| Sep 30, 2022 | 11.48 Mn |
| Jul 1, 2022 | 18.27 Mn |
| Apr 1, 2022 | 5.04 Mn |
| Dec 31, 2021 | 23.50 Mn |
| Oct 1, 2021 | 7.78 Mn |
Novanta Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "NOVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();