Novanta (NOVT) Gross Profit (2010 - 2026)
Novanta (NOVT) recorded Gross Profit of $120.92 million in Q2 2026, up 13.3% from $106.75 million a year earlier and up 6.5% from the prior quarter.
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Analysis
Novanta (NOVT) Gross Profit (2010 - 2026) Analysis & Trends
On a TTM basis, Novanta's Gross Profit came in at $458.68 million as of Jul 3, 2026, up 7.0% year-over-year; for FY2025, it came in at $435.28 million, up 3.3% from FY2024.
- Annual Gross Profit has increased for five straight years, with a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $421.55 million in FY2024 (+5.4%), $399.9 million in FY2023 (+5.7%), $378.47 million in FY2022 (+26.0%) and $300.33 million in FY2021 (+22.8%).
- The Q2 2026 figure is the highest quarterly Gross Profit in data going back to Q2 2010.
- On a year-over-year basis, Gross Profit has increased for eight consecutive quarters, with growth averaging 6.8% over the last eight quarters.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 33.1% in Q4 2021, against a decline of 0.4% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $113.58 million (Q1 2026), $113.26 million (Q4 2025) and $110.92 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Novanta | 5.38 Bn | 3.80 Bn | 120.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 120.92 Mn |
| Apr 3, 2026 | 113.58 Mn |
| Dec 31, 2025 | 113.26 Mn |
| Sep 26, 2025 | 110.92 Mn |
| Jun 27, 2025 | 106.75 Mn |
| Mar 28, 2025 | 104.35 Mn |
| Dec 31, 2024 | 108.23 Mn |
| Sep 27, 2024 | 109.22 Mn |
| Jun 28, 2024 | 103.69 Mn |
| Mar 29, 2024 | 100.42 Mn |
| Dec 31, 2023 | 96.56 Mn |
| Sep 29, 2023 | 101.59 Mn |
| Jun 30, 2023 | 104.12 Mn |
| Mar 31, 2023 | 97.63 Mn |
| Dec 31, 2022 | 94.54 Mn |
| Sep 30, 2022 | 98.41 Mn |
| Jul 1, 2022 | 95.25 Mn |
| Apr 1, 2022 | 90.28 Mn |
| Dec 31, 2021 | 82.88 Mn |
| Oct 1, 2021 | 76.30 Mn |
API Access
Novanta Gross Profit 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=gross-profit&ticker=NOVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();