Novanta (NOVT) Operating Expenses (2010 - 2026)
Novanta (NOVT) posted Operating Expenses of $86.0 million for Q2 2026, down 2.7% quarter-over-quarter from $88.4 million in Q4 2025, and up 19.61% year-on-year from $71.9 million in Q2 2025.
Novanta (NOVT) Operating Expenses (2010 - 2026) Analysis & Trends
Novanta (NOVT) has reported Operating Expenses for 17 consecutive years, with $86.0 million the latest figure, recorded in Q2 2026.
- Operating Expenses for Q2 2026 came in at $86.0 million, up 19.61% year-over-year; the trailing twelve-month figure through Apr 2026 was $355.4 million (up 15.35% YoY), and the FY2025 annual result was $341.3 million, up 9.75% from the prior year.
- Operating Expenses was $86.0 million for Q2 2026 at Novanta, down from $88.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $91.8 million in Q2 2025 and troughed at $66.0 million in Q2 2022.
- Average Operating Expenses over 5 years is $76.7 million, with a median of $74.8 million recorded in 2024.
- Year-over-year, Operating Expenses climbed 27.55% in 2022 and slipped 3.84% in 2025.
- Over 5 years, Operating Expenses stood at $67.7 million in 2022, then rose by 10.6% to $74.9 million in 2023, then gained by 8.87% to $81.5 million in 2024, then gained by 8.48% to $88.4 million in 2025, then retreated by 2.7% to $86.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $86.0 million in Q2 2026, $88.4 million in Q4 2025, and $89.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.62 Bn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 86.04 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 1.35 Bn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 1.27 Bn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 483.80 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 502.30 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 131.07 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 793.20 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 610.62 Mn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 49.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 86.04 Mn |
| Dec 31, 2025 | 88.43 Mn |
| Sep 26, 2025 | 89.07 Mn |
| Jun 27, 2025 | 91.84 Mn |
| Mar 28, 2025 | 71.93 Mn |
| Dec 31, 2024 | 81.52 Mn |
| Sep 27, 2024 | 76.66 Mn |
| Jun 28, 2024 | 77.97 Mn |
| Mar 29, 2024 | 74.81 Mn |
| Dec 31, 2023 | 74.88 Mn |
| Sep 29, 2023 | 71.28 Mn |
| Jun 30, 2023 | 71.93 Mn |
| Mar 31, 2023 | 71.32 Mn |
| Dec 31, 2022 | 67.70 Mn |
| Sep 30, 2022 | 69.75 Mn |
| Jul 1, 2022 | 71.95 Mn |
| Apr 1, 2022 | 65.99 Mn |
| Dec 31, 2021 | 61.20 Mn |
| Oct 1, 2021 | 61.02 Mn |
| Jul 2, 2021 | 56.41 Mn |