Novanta (NOVT) Net Margin (2010 - 2026)
Novanta's (NOVT) quarterly Net Margin came in at 4.72% in Q3 2026, up 285.0% on a YoY basis from 1.23% in Q3 2025, and down 42.37% quarter-over-quarter from 8.19% in Q2 2026.
Analysis
Novanta (NOVT) Net Margin (2010 - 2026) Analysis & Trends
Novanta (NOVT) has reported Net Margin for 17 consecutive years, with 4.72% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Net Margin rose 285.0% year-over-year to 4.72%; the trailing twelve-month figure through Jul 2026 stood at 5.14% (up 39.0% YoY), and the FY2025 full-year result was 4.59%, down 49.0% from the prior year.
- Net Margin slipped to 4.72% in Q3 2026 per NOVT's latest filing, from 8.19% in the prior quarter.
- Across five years, Net Margin topped out at 10.09% in Q3 2022 and bottomed at 1.55% in Q4 2022.
- Historically, Net Margin has averaged 5.76% across 5 years, with a median of 7.1% in 2024.
- The sharpest annual moves came in 2022 and 2025: Net Margin plunged 648 bps in 2022, then jumped 310 bps in 2025.
- Over 5 years, Net Margin stood at 1.55% in 2022, then soared by 33 bps to 1.05% in 2023, then soared by 122 bps to 0.23% in 2024, then surged by 1331 bps to 3.34% in 2025, then jumped by 41 bps to 4.72% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 4.72%, 8.19%, and 3.34% for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 14.43% |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 18.95% |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 19.90% |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 17.64% |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 22.67% |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 14.26% |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 18.69% |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 14.34% |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 19.54% |
| 10 | Novanta | 5.90 Bn | 5.18 Bn | 120.92 Mn | 4.72% |
Historic Data
Download Data
Historic 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 | 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% |