Novanta (NOVT) Inventory Average (2011 - 2026)

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

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

Novanta (NOVT) has reported Inventory Average for 16 consecutive years, with $94.6 million the latest figure, recorded in Q2 2026.

  • Inventory Average for Q2 2026 came in at $94.6 million, up 29.71% year-over-year; the trailing twelve-month figure through Apr 2026 was $94.6 million (up 29.71% YoY), and the FY2025 annual result was $94.3 million, up 24431.34% from the prior year.
  • Inventory Average was $94.6 million for Q2 2026 at Novanta, roughly flat from $94.4 million in the prior quarter.
  • Over five years, Inventory Average peaked at $158.3 million in Q3 2022 and troughed at $383000.0 in Q3 2023.
  • Average Inventory Average over 5 years is $84.9 million, with a median of $83.5 million recorded in 2023.
  • Year-over-year, Inventory Average sank 99.76% in 2023 and surged 40900.39% in 2024.
  • Over 5 years, Inventory Average stood at $81.7 million in 2022, then tumbled by 99.52% to $393500.0 in 2023, then soared by 19516.65% to $77.2 million in 2024, then rose by 22.28% to $94.4 million in 2025, then climbed by 0.17% to $94.6 million in 2026.
  • Per Business Quant data, the three most recent Inventory Average figures were $94.6 million in Q2 2026, $94.4 million in Q4 2025, and $84.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.99 Bn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 94.55 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 1.05 Bn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 1.08 Bn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 298.65 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 187.15 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 136.72 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 611.80 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 1.81 Bn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 163.56 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