Novanta (NOVT) Inventory Average (2011 - 2026)
Novanta's (NOVT) quarterly Inventory Average came in at $190.7 million in Q2 2026, up 31.51% YoY from $145.0 million in Q2 2025, and up 3.58% on a QoQ basis from $184.1 million in Q4 2025.
Novanta (NOVT) Inventory Average (2011 - 2026) Analysis & Trends
Novanta (NOVT) has 16 years of Inventory Average data on file, last reported at $190.7 million in Q2 2026.
- Quarterly Inventory Average rose 31.51% year-over-year to $190.7 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $190.7 million (up 31.51% YoY) and the FY2025 annual result came in at $166.4 million, up 13.24% from the prior year.
- Inventory Average grew to $190.7 million in Q2 2026, from $184.1 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $190.7 million in Q2 2026 to a low of $132.4 million in Q2 2022.
- A 5-year average of $159.9 million and a median of $158.3 million in 2022 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2022 — Inventory Average jumped 58.48% — and 2023, when it decreased 8.35%.
- Tracing NOVT's Inventory Average over 5 years: stood at $165.4 million in 2022, then dropped by 8.35% to $151.6 million in 2023, then dropped by 1.5% to $149.3 million in 2024, then grew by 23.32% to $184.1 million in 2025, then advanced by 3.58% to $190.7 million in 2026.
- The last three Inventory Average figures came in at $190.7 million (Q2 2026), $184.1 million (Q4 2025), and $174.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 1.91 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 | 2.35 Bn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 1.14 Bn |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 991.00 Mn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 308.15 Mn |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | 186.65 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 139.19 Mn |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 238.82 Mn |
| 10 | Novanta | 5.97 Bn | 5.25 Bn | 120.92 Mn | 192.93 Mn |
Historic Data
Download 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 |