Novanta (NOVT) Net Income (2010 - 2026)

Novanta (NOVT) reported Net Income of $21.1 million for Q2 2026, down 0.51% on a YoY basis from $21.2 million in Q2 2025, and up 20.77% quarter-over-quarter from $17.5 million in Q4 2025.

Novanta (NOVT) Net Income (2010 - 2026) Analysis & Trends

Novanta has reported Net Income for 17 years, with the latest figure at $21.1 million in Q2 2026.

  • For the quarter ending Q2 2026, Net Income fell 0.51% year-over-year to $21.1 million; the trailing twelve-month figure through Apr 2026 stood at $53.7 million (down 1.81% YoY), and the FY2025 full-year result was $53.8 million, up 11.73% from the prior year.
  • Net Income for Q2 2026 stood at $21.1 million, up from $17.5 million in the prior quarter.
  • The five-year high for Net Income was $22.5 million in Q3 2022, with the low at -$3.4 million in Q4 2022.
  • Historically, Net Income has averaged $13.9 million across 5 years, with a median of $17.5 million in 2022.
  • Annual changes were most pronounced in 2022 — Net Income sank 134.58% — and 2025, when it jumped 3047.93%.
  • Novanta's Net Income stood at -$3.4 million in 2022, then jumped by 34.7% to -$2.2 million in 2023, then surged by 125.06% to $555000.0 in 2024, then jumped by 3047.93% to $17.5 million in 2025, then gained by 20.77% to $21.1 million in 2026.
  • The last three Net Income figures came in at $21.1 million (Q2 2026), $17.5 million (Q4 2025), and $10.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 181.67 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 281.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 405.08 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 226.80 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 84.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn -
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 98.90 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 51.70 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 1.18 Mn
10 Novanta 6.47 Bn 6.08 Bn 113.58 Mn 21.10 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 21.10 Mn
Dec 31, 2025 17.47 Mn
Sep 26, 2025 10.65 Mn
Jun 27, 2025 4.50 Mn
Mar 28, 2025 21.21 Mn
Dec 31, 2024 555,000.00
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 -3.39 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
Jul 2, 2021 11.66 Mn