Novanta (NOVT) Net Margin (2010 - 2026)
Novanta (NOVT) posted Net Margin of 8.19% for Q2 2026, up 21.07% quarter-over-quarter from 6.76% in Q4 2025, and down 90.0% year-on-year from 81.87% in Q2 2025.
Novanta (NOVT) Net Margin (2010 - 2026) Analysis & Trends
Novanta (NOVT) has reported Net Margin for 17 consecutive years, with 8.19% the latest figure, recorded in Q2 2026.
- Net Margin for Q2 2026 came in at 8.19%, down 90.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 5.35% (down 40.0% YoY), and the FY2025 annual result was 5.49%, up 41.0% from the prior year.
- Net Margin was 8.19% for Q2 2026 at Novanta, up from 6.76% in the prior quarter.
- Over five years, Net Margin peaked at 10.09% in Q3 2022 and troughed at 1.55% in Q4 2022.
- Average Net Margin over 5 years is 6.02%, with a median of 7.85% recorded in 2024.
- Year-over-year, Net Margin sank 648 bps in 2022 and jumped 653 bps in 2025.
- Over 5 years, 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 climbed by 21 bps to 8.19% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 8.19% in Q2 2026, 6.76% in Q4 2025, and 4.3% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 10.60% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 8.19% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 17.56% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 14.54% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | - |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 10.52% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 19.26% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 9.32% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 23.10% |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 13.51% |
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% |