Novanta (NOVT) Inventory (2010 - 2026)
Novanta (NOVT) recorded Inventory of $192.71 million in Q2 2026, up 14.7% from $168.07 million a year earlier but down 0.2% from the prior quarter.
Analysis
Novanta (NOVT) Inventory (2010 - 2026) Analysis & Trends
At the end of FY2025, Novanta reported Inventory of $188.28 million, up 30.2% from FY2024.
- Annual Inventory has a five-year compound annual growth rate of 15.2% (FY2020 to FY2025).
- Across earlier years, Inventory came in at $144.61 million in FY2024 (-3.2%), $149.37 million in FY2023 (-11.1%), $168 million in FY2022 (+33.7%) and $125.66 million in FY2021 (+35.5%).
- Quarterly Inventory has ranged from $119.42 million in Q3 2021 to $193.14 million in Q1 2026 over the past five years.
- On a year-over-year basis, Inventory has increased for five consecutive quarters, with growth averaging 10.8% over the last eight quarters.
- Peak year-over-year performance for Inventory in the last five years was growth of 62.0% in Q2 2022, against a decline of 11.1% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $193.14 million (Q1 2026), $188.28 million (Q4 2025) and $179.98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 20.63 Bn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 4.55 Bn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 7.81 Bn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 5.42 Bn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 3.17 Bn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | 2.51 Bn |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | 4.08 Bn |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 2.52 Bn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 1.76 Bn |
| 10 | Novanta | 5.72 Bn | 4.14 Bn | 120.92 Mn | 192.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 192.71 Mn |
| Apr 3, 2026 | 193.14 Mn |
| Dec 31, 2025 | 188.28 Mn |
| Sep 26, 2025 | 179.98 Mn |
| Jun 27, 2025 | 168.07 Mn |
| Mar 28, 2025 | 145.44 Mn |
| Dec 31, 2024 | 144.61 Mn |
| Sep 27, 2024 | 154.02 Mn |
| Jun 28, 2024 | 160.04 Mn |
| Mar 29, 2024 | 161.37 Mn |
| Dec 31, 2023 | 149.37 Mn |
| Sep 29, 2023 | 153.81 Mn |
| Jun 30, 2023 | 162.90 Mn |
| Mar 31, 2023 | 166.67 Mn |
| Dec 31, 2022 | 168.00 Mn |
| Sep 30, 2022 | 162.81 Mn |
| Jul 1, 2022 | 153.89 Mn |
| Apr 1, 2022 | 139.17 Mn |
| Dec 31, 2021 | 125.66 Mn |
| Oct 1, 2021 | 119.42 Mn |
API Access
Novanta Inventory 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=inventory&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();