Novanta (NOVT) Inventory (2010 - 2026)
Novanta's (NOVT) quarterly Inventory came in at $193.1 million in Q2 2026, up 32.8% YoY from $145.4 million in Q2 2025, and up 2.58% on a QoQ basis from $188.3 million in Q4 2025.
Novanta (NOVT) Inventory (2010 - 2026) Analysis & Trends
Novanta (NOVT) has 17 years of Inventory data on file, last reported at $193.1 million in Q2 2026.
- Quarterly Inventory rose 32.8% year-over-year to $193.1 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $193.1 million (up 32.8% YoY) and the FY2025 annual result came in at $188.3 million, up 30.2% from the prior year.
- Inventory improved to $193.1 million in Q2 2026, from $188.3 million in the prior quarter.
- In the past five years, Inventory ranged from a high of $193.1 million in Q2 2026 to a low of $139.2 million in Q2 2022.
- A 5-year average of $161.9 million and a median of $161.4 million in 2024 frame the typical range for Inventory.
- Annual changes were most pronounced in 2022 — Inventory soared 62.03% — and 2023, when it dropped 11.09%.
- Tracing NOVT's Inventory over 5 years: stood at $168.0 million in 2022, then slipped by 11.09% to $149.4 million in 2023, then declined by 3.19% to $144.6 million in 2024, then surged by 30.2% to $188.3 million in 2025, then increased by 2.58% to $193.1 million in 2026.
- The last three Inventory figures came in at $193.1 million (Q2 2026), $188.3 million (Q4 2025), and $180.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 1.97 Bn |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 1.04 Bn |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | 2.58 Bn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 1.17 Bn |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 1.03 Bn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 310.80 Mn |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | 185.30 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 142.84 Mn |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 240.54 Mn |
| 10 | Novanta | 5.97 Bn | 5.25 Bn | 120.92 Mn | 192.71 Mn |
Historic Data
Download 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 |