Novanta (NOVT) Net Margin (2010 - 2026)
Novanta's (NOVT) quarterly Net Margin came in at 8.19% in Q2 2026, down 90.0% YoY from 81.87% in Q2 2025, and up 145.43% on a QoQ basis from 3.34% in Q4 2025.
Novanta (NOVT) Net Margin (2010 - 2026) Analysis & Trends
Novanta (NOVT) has 17 years of Net Margin data on file, last reported at 8.19% in Q2 2026.
- Quarterly Net Margin fell 90.0% year-over-year to 8.19% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 4.46% (down 296.0% YoY) and the FY2025 annual result came in at 4.59%, down 216.0% from the prior year.
- Net Margin advanced to 8.19% in Q2 2026, from 3.34% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 10.09% in Q3 2022 to a low of 1.05% in Q4 2023.
- A 5-year average of 6.71% and a median of 7.85% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin slumped 804 bps — and 2024, when it surged 796 bps.
- Tracing NOVT's Net Margin over 5 years: stood at 6.99% in 2022, then tumbled by 115 bps to 1.05% in 2023, then surged by 761 bps to 6.92% in 2024, then sank by 52 bps to 3.34% in 2025, then soared by 145 bps to 8.19% in 2026.
- The last three Net Margin figures came in at 8.19% (Q2 2026), 3.34% (Q4 2025), and 4.3% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 26.80% |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 20.33% |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | 11.76% |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 15.14% |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 14.02% |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 14.34% |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | -48.53% |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 24.98% |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 9.66% |
| 10 | Novanta | 5.97 Bn | 5.25 Bn | 120.92 Mn | 4.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 4.72% |
| Apr 3, 2026 | 8.19% |
| Dec 31, 2025 | 3.34% |
| Sep 26, 2025 | 4.30% |
| Jun 27, 2025 | 1.87% |
| Mar 28, 2025 | 9.09% |
| Dec 31, 2024 | 6.92% |
| Sep 27, 2024 | 7.85% |
| Jun 28, 2024 | 5.83% |
| Mar 29, 2024 | 6.36% |
| Dec 31, 2023 | -1.05% |
| Sep 29, 2023 | 9.58% |
| Jun 30, 2023 | 9.10% |
| Mar 31, 2023 | 8.34% |
| Dec 31, 2022 | 6.99% |
| Sep 30, 2022 | 10.09% |
| Jul 1, 2022 | 8.12% |
| Apr 1, 2022 | 9.22% |
| Dec 31, 2021 | 4.93% |
| Oct 1, 2021 | 7.65% |