Novanta (NOVT) Net Income (2010 - 2026)
Novanta's Net Income came in at $12.54 million for Q2 2026, up 178.9% from $4.5 million a year earlier but down 40.6% from the prior quarter.
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Analysis
Novanta (NOVT) Net Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 3, 2026, Novanta reported Net Income of $61.76 million, up 0.7% year-over-year; for FY2025, it was $53.83 million, down 16.0% from FY2024.
- Net Income has declined in each of the last three years, though with a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- Going back by year, Net Income was $64.09 million in FY2024 (-12.1%), $72.88 million in FY2023 (-1.6%), $74.05 million in FY2022 (+47.1%) and $50.33 million in FY2021 (+13.1%).
- The five-year range for quarterly Net Income is $4.5 million (Q2 2025) to $22.49 million (Q3 2022).
- Year-over-year, Net Income increased in four of the last eight quarters, with growth averaging 17.4%.
- The fastest year-over-year change in Net Income over five years came in Q2 2026 (growth of 178.9%), and the weakest in Q2 2025 (a decline of 67.3%).
- Business Quant data shows NOVT's Net Income at $21.1 million (Q1 2026), $17.47 million (Q4 2025) and $10.65 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 3.59 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 1.78 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 1.38 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 823.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 1.09 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 497.80 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 718.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 938.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 815.00 Mn |
| 10 | Novanta | 5.38 Bn | 3.80 Bn | 120.92 Mn | 12.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 12.54 Mn |
| 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 | 16.46 Mn |
| Sep 27, 2024 | 19.19 Mn |
| Jun 28, 2024 | 13.76 Mn |
| Mar 29, 2024 | 14.68 Mn |
| Dec 31, 2023 | 12.51 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 | 13.75 Mn |
| Oct 1, 2021 | 13.60 Mn |
API Access
Novanta Net Income 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=net-income&ticker=NOVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();