Growth Metrics

Novanta (NOVT) Gross Margin (2016 - 2026)

Novanta filings provide 17 years of Gross Margin readings, the most recent being 44.07% for Q2 2026.

  • On a quarterly basis, Gross Margin fell 64.0% to 44.07% in Q2 2026 year-over-year; TTM through Apr 2026 was 44.23%, a 48.0% decrease, with the full-year FY2025 number at 44.39%, down 2.0% from a year prior.
  • Gross Margin hit 44.07% in Q2 2026 for Novanta, up from 43.84% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 45.86% in Q3 2023 to a low of 43.29% in Q4 2022.
  • Median Gross Margin over the past 5 years was 44.28% (2025), compared with a mean of 44.5%.
  • Biggest five-year swings in Gross Margin: soared 234bps in 2023 and later tumbled -162bps in 2025.
  • Novanta's Gross Margin stood at 43.29% in 2022, then rose by 5bps to 45.64% in 2023, then decreased by 0bps to 45.46% in 2024, then fell by -4bps to 43.84% in 2025, then grew by 1bps to 44.07% in 2026.
  • The last three reported values for Gross Margin were 44.07% (Q2 2026), 43.84% (Q4 2025), and 44.76% (Q3 2025) per Business Quant data.