Novanta (NOVT) Inventory Average (2011 - 2026)
Novanta's (NOVT) quarterly Inventory Average came in at $192.9 million in Q3 2026, up 23.08% on a YoY basis from $156.8 million in Q3 2025, and up 1.16% quarter-over-quarter from $190.7 million in Q2 2026.
Analysis
Novanta (NOVT) Inventory Average (2011 - 2026) Analysis & Trends
Novanta (NOVT) has reported Inventory Average for 16 consecutive years, with $192.9 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Inventory Average rose 23.08% year-over-year to $192.9 million; the trailing twelve-month figure through Jul 2026 stood at $192.9 million (up 23.08% YoY), and the FY2025 full-year result was $166.4 million, up 13.24% from the prior year.
- Inventory Average improved to $192.9 million in Q3 2026 per NOVT's latest filing, from $190.7 million in the prior quarter.
- Across five years, Inventory Average topped out at $192.9 million in Q3 2026 and bottomed at $132.4 million in Q2 2022.
- Historically, Inventory Average has averaged $161.7 million across 5 years, with a median of $158.4 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Inventory Average surged 58.48% in 2022, then slipped 8.35% in 2023.
- Over 5 years, Inventory Average stood at $165.4 million in 2022, then fell by 8.35% to $151.6 million in 2023, then fell by 1.5% to $149.3 million in 2024, then rose by 23.32% to $184.1 million in 2025, then rose by 4.78% to $192.9 million in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $192.9 million, $190.7 million, and $184.1 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 3.73 Bn |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 1.74 Bn |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 1.17 Bn |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 1.23 Bn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 408.19 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 1.40 Bn |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 468.53 Mn |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 308.15 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 873.25 Mn |
| 10 | Novanta | 5.90 Bn | 5.18 Bn | 120.92 Mn | 192.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 192.93 Mn |
| Apr 3, 2026 | 190.71 Mn |
| Dec 31, 2025 | 184.13 Mn |
| Sep 26, 2025 | 174.02 Mn |
| Jun 27, 2025 | 156.75 Mn |
| Mar 28, 2025 | 145.02 Mn |
| Dec 31, 2024 | 149.31 Mn |
| Sep 27, 2024 | 157.03 Mn |
| Jun 28, 2024 | 160.71 Mn |
| Mar 29, 2024 | 155.37 Mn |
| Dec 31, 2023 | 151.59 Mn |
| Sep 29, 2023 | 158.36 Mn |
| Jun 30, 2023 | 164.79 Mn |
| Mar 31, 2023 | 167.33 Mn |
| Dec 31, 2022 | 165.40 Mn |
| Sep 30, 2022 | 158.35 Mn |
| Jul 1, 2022 | 146.53 Mn |
| Apr 1, 2022 | 132.41 Mn |
| Dec 31, 2021 | 122.54 Mn |
| Oct 1, 2021 | 107.20 Mn |