Novanta (NOVT) Net Margin (2010 - 2026)
Novanta (NOVT) reported Net Margin of 8.19% for Q2 2026, down 90.0% on a YoY basis from 81.87% in Q2 2025, and up 21.07% quarter-over-quarter from 6.76% in Q4 2025.
Novanta (NOVT) Net Margin (2010 - 2026) Analysis & Trends
Novanta has reported Net Margin for 17 years, with the latest figure at 8.19% in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 90.0% year-over-year to 8.19%; the trailing twelve-month figure through Apr 2026 stood at 5.35% (down 40.0% YoY), and the FY2025 full-year result was 5.49%, up 41.0% from the prior year.
- Net Margin for Q2 2026 stood at 8.19%, up from 6.76% in the prior quarter.
- The five-year high for Net Margin was 10.09% in Q3 2022, with the low at 1.55% in Q4 2022.
- Historically, Net Margin has averaged 6.02% across 5 years, with a median of 7.85% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 648 bps — and 2025, when it surged 653 bps.
- Novanta's Net Margin stood at 1.55% in 2022, then jumped by 33 bps to 1.05% in 2023, then jumped by 122 bps to 0.23% in 2024, then surged by 2801 bps to 6.76% in 2025, then rose by 21 bps to 8.19% in 2026.
- The last three Net Margin figures came in at 8.19% (Q2 2026), 6.76% (Q4 2025), and 4.3% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 10.60% |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 17.56% |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 23.10% |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 14.54% |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 7.79% |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | - |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 10.52% |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 19.26% |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 0.38% |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | 8.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 8.19% |
| Dec 31, 2025 | 6.76% |
| Sep 26, 2025 | 4.30% |
| Jun 27, 2025 | 1.87% |
| Mar 28, 2025 | 9.09% |
| Dec 31, 2024 | 0.23% |
| 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 | -1.55% |
| 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% |
| Jul 2, 2021 | 6.96% |