Novanta (NOVT) Net Income (2010 - 2026)

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

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

Novanta (NOVT) has reported Net Income for 17 consecutive years, with $21.1 million the latest figure, recorded in Q2 2026.

  • Net Income for Q2 2026 came in at $21.1 million, down 0.51% year-over-year; the trailing twelve-month figure through Apr 2026 was $53.7 million (down 1.81% YoY), and the FY2025 annual result was $53.8 million, up 11.73% from the prior year.
  • Net Income was $21.1 million for Q2 2026 at Novanta, up from $17.5 million in the prior quarter.
  • Over five years, Net Income peaked at $22.5 million in Q3 2022 and troughed at -$3.4 million in Q4 2022.
  • Average Net Income over 5 years is $13.9 million, with a median of $17.5 million recorded in 2022.
  • Year-over-year, Net Income tumbled 134.58% in 2022 and soared 3047.93% in 2025.
  • Over 5 years, 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 grew by 20.77% to $21.1 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were $21.1 million in Q2 2026, $17.5 million in Q4 2025, and $10.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 181.67 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 21.10 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 281.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 226.80 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn -
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 98.90 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 51.70 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 87.10 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 405.08 Mn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 27.34 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