Novanta (NOVT) Long-Term Deferred Tax (2010 - 2026)
Novanta's Long-Term Deferred Tax was $31.72 million in Q2 2026, up 17.6% from $26.98 million a year earlier and up 6.9% from the prior quarter.
Novanta (NOVT) Long-Term Deferred Tax (2010 - 2026) Analysis & Trends
At the end of FY2025, Long-Term Deferred Tax at Novanta came in at $27.38 million, up 19.6% from FY2024.
- Long-Term Deferred Tax shows a five-year compound annual growth rate of 21.2% (FY2020 to FY2025).
- In earlier years, Long-Term Deferred Tax was $22.89 million in FY2024 (-17.9%), $27.86 million in FY2023 (+84.4%), $15.11 million in FY2022 (+23.8%) and $12.21 million in FY2021 (+16.3%).
- The Q2 2026 figure marks the highest quarterly Long-Term Deferred Tax in data going back to Q4 2010.
- Compared with a year earlier, Long-Term Deferred Tax has increased for six straight quarters, with growth averaging 27.1% over the last eight quarters.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q1 2023 (growth of 304.6%); the worst was Q3 2021 (a decline of 96.8%).
- Per Business Quant data, NOVT's Long-Term Deferred Tax in the three quarters before Q2 2026 was $29.67 million (Q1 2026), $27.38 million (Q4 2025) and $27.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn |
| 10 | Novanta | 5.72 Bn | 4.14 Bn | 120.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 31.72 Mn |
| Apr 3, 2026 | 29.67 Mn |
| Dec 31, 2025 | 27.38 Mn |
| Sep 26, 2025 | 27.09 Mn |
| Jun 27, 2025 | 26.98 Mn |
| Mar 28, 2025 | 25.00 Mn |
| Dec 31, 2024 | 22.89 Mn |
| Sep 27, 2024 | 19.24 Mn |
| Jun 28, 2024 | 15.73 Mn |
| Mar 29, 2024 | 13.25 Mn |
| Dec 31, 2023 | 27.86 Mn |
| Sep 29, 2023 | 24.71 Mn |
| Jun 30, 2023 | 21.22 Mn |
| Mar 31, 2023 | 18.20 Mn |
| Dec 31, 2022 | 15.11 Mn |
| Sep 30, 2022 | 11.54 Mn |
| Jul 1, 2022 | 7.38 Mn |
| Apr 1, 2022 | 4.50 Mn |
| Dec 31, 2021 | 12.21 Mn |
| Oct 1, 2021 | 411,000.00 |
Novanta Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "NOVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();