Novanta (NOVT) Net Income (2010 - 2026)
Novanta's (NOVT) quarterly Net Income came in at $21.1 million in Q2 2026, down 0.51% YoY from $21.2 million in Q2 2025, and up 144.82% on a QoQ basis from $8.6 million in Q4 2025.
Novanta (NOVT) Net Income (2010 - 2026) Analysis & Trends
Novanta (NOVT) has 17 years of Net Income data on file, last reported at $21.1 million in Q2 2026.
- Quarterly Net Income fell 0.51% year-over-year to $21.1 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $44.9 million (down 36.47% YoY) and the FY2025 annual result came in at $45.0 million, down 29.82% from the prior year.
- Net Income climbed to $21.1 million in Q2 2026, from $8.6 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $22.5 million in Q3 2022 to a low of -$2.2 million in Q4 2023.
- A 5-year average of $15.4 million and a median of $17.5 million in 2022 frame the typical range for Net Income.
- Annual changes were most pronounced in 2023 — Net Income plunged 114.51% — and 2024, when it jumped 843.3%.
- Tracing NOVT's Net Income over 5 years: stood at $15.3 million in 2022, then sank by 114.51% to -$2.2 million in 2023, then jumped by 843.3% to $16.5 million in 2024, then slumped by 47.66% to $8.6 million in 2025, then soared by 144.82% to $21.1 million in 2026.
- The last three Net Income figures came in at $21.1 million (Q2 2026), $8.6 million (Q4 2025), and $10.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 541.92 Mn |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 349.00 Mn |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | 236.20 Mn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 251.70 Mn |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 175.00 Mn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 157.30 Mn |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | -471.70 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 72.76 Mn |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 32.74 Mn |
| 10 | Novanta | 5.97 Bn | 5.25 Bn | 120.92 Mn | 12.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 12.54 Mn |
| Apr 3, 2026 | 21.10 Mn |
| Dec 31, 2025 | 8.62 Mn |
| Sep 26, 2025 | 10.65 Mn |
| Jun 27, 2025 | 4.50 Mn |
| Mar 28, 2025 | 21.21 Mn |
| Dec 31, 2024 | 16.46 Mn |
| Sep 27, 2024 | 19.19 Mn |
| Jun 28, 2024 | 13.76 Mn |
| Mar 29, 2024 | 14.68 Mn |
| Dec 31, 2023 | -2.22 Mn |
| Sep 29, 2023 | 21.22 Mn |
| Jun 30, 2023 | 20.88 Mn |
| Mar 31, 2023 | 18.27 Mn |
| Dec 31, 2022 | 15.26 Mn |
| Sep 30, 2022 | 22.49 Mn |
| Jul 1, 2022 | 17.48 Mn |
| Apr 1, 2022 | 18.82 Mn |
| Dec 31, 2021 | 9.81 Mn |
| Oct 1, 2021 | 13.60 Mn |