Novanta (NOVT) Gross Margin (2010 - 2026)

Novanta (NOVT) has reported Gross Margin for 17 consecutive years, with 44.07% the latest figure, recorded in Q2 2026.

• Gross Margin for Q2 2026 came in at 44.07%, down 64.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 44.23% (down 48.0% YoY), and the FY2025 annual result was 44.39%, down 2.0% from the prior year.
• Gross Margin was 44.07% for Q2 2026 at Novanta, up from 43.84% in the prior quarter.
• Over five years, Gross Margin peaked at 45.86% in Q3 2023 and troughed at 43.29% in Q4 2022.
• Average Gross Margin over 5 years is 44.5%, with a median of 44.28% recorded in 2025.
• Year-over-year, Gross Margin soared 234 bps in 2023 and sank 162 bps in 2025.
• Over 5 years, Gross Margin stood at 43.29% in 2022, then gained by 5 bps to 45.64% in 2023, then fell by 0 bps to 45.46% in 2024, then dropped by 4 bps to 43.84% in 2025, then increased by 1 bps to 44.07% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 44.07% in Q2 2026, 43.84% in Q4 2025, and 44.76% in Q3 2025.