Novanta (NOVT) Inventory Average (2011 - 2026)

Novanta (NOVT) reported Inventory Average of $94.6 million for Q2 2026, up 29.71% on a YoY basis from $72.9 million in Q2 2025, and little changed quarter-over-quarter from $94.4 million in Q4 2025.

Novanta (NOVT) Inventory Average (2011 - 2026) Analysis & Trends

Novanta has reported Inventory Average for 16 years, with the latest figure at $94.6 million in Q2 2026.

  • For the quarter ending Q2 2026, Inventory Average rose 29.71% year-over-year to $94.6 million; the trailing twelve-month figure through Apr 2026 stood at $94.6 million (up 29.71% YoY), and the FY2025 full-year result was $94.3 million, up 24431.34% from the prior year.
  • Inventory Average for Q2 2026 stood at $94.6 million, roughly flat from $94.4 million in the prior quarter.
  • The five-year high for Inventory Average was $158.3 million in Q3 2022, with the low at $383000.0 in Q3 2023.
  • Historically, Inventory Average has averaged $84.9 million across 5 years, with a median of $83.5 million in 2023.
  • Annual changes were most pronounced in 2023 — Inventory Average tumbled 99.76% — and 2024, when it soared 40900.39%.
  • Novanta's Inventory Average stood at $81.7 million in 2022, then plunged by 99.52% to $393500.0 in 2023, then soared by 19516.65% to $77.2 million in 2024, then climbed by 22.28% to $94.4 million in 2025, then rose by 0.17% to $94.6 million in 2026.
  • The last three Inventory Average figures came in at $94.6 million (Q2 2026), $94.4 million (Q4 2025), and $84.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 1.99 Bn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 1.05 Bn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 1.81 Bn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 1.08 Bn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 935.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 298.65 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 187.15 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 136.72 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 232.12 Mn
10 Novanta 6.47 Bn 6.08 Bn 113.58 Mn 94.55 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 94.55 Mn
Dec 31, 2025 94.39 Mn
Sep 26, 2025 84.28 Mn
Jun 27, 2025 156.75 Mn
Mar 28, 2025 72.90 Mn
Dec 31, 2024 77.19 Mn
Sep 27, 2024 157.03 Mn
Jun 28, 2024 80.21 Mn
Mar 29, 2024 389,500.00
Dec 31, 2023 393,500.00
Sep 29, 2023 383,000.00
Jun 30, 2023 83.53 Mn
Mar 31, 2023 83.66 Mn
Dec 31, 2022 81.72 Mn
Sep 30, 2022 158.35 Mn
Jul 1, 2022 146.53 Mn
Apr 1, 2022 70.35 Mn
Dec 31, 2021 1.66 Mn
Oct 1, 2021 48.38 Mn
Jul 2, 2021 92.46 Mn