Novanta NOVT
NASDAQ NOVT
$143.85 -1.91 (-1.31%)
As of: Sep 10, 2026 · 3:59 PM EDT

Novanta (NOVT) Operating Expenses (2010 - 2026)

Novanta's (NOVT) quarterly Operating Expenses came in at $102.9 million in Q3 2026, up 12.0% on a YoY basis from $91.8 million in Q3 2025, and up 19.54% quarter-over-quarter from $86.0 million in Q2 2026.

Analysis

Novanta (NOVT) Operating Expenses (2010 - 2026) Analysis & Trends

Novanta (NOVT) has reported Operating Expenses for 17 consecutive years, with $102.9 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Expenses rose 12.0% year-over-year to $102.9 million; the trailing twelve-month figure through Jul 2026 stood at $366.4 million (up 13.81% YoY), and the FY2025 full-year result was $341.3 million, up 9.75% from the prior year.
  • Operating Expenses rose to $102.9 million in Q3 2026 per NOVT's latest filing, from $86.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $102.9 million in Q3 2026 and bottomed at $66.0 million in Q2 2022.
  • Historically, Operating Expenses has averaged $78.1 million across 5 years, with a median of $74.8 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses advanced 27.55% in 2022, then decreased 3.84% in 2025.
  • Over 5 years, Operating Expenses stood at $67.7 million in 2022, then increased by 10.6% to $74.9 million in 2023, then rose by 8.87% to $81.5 million in 2024, then rose by 8.48% to $88.4 million in 2025, then climbed by 16.31% to $102.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $102.9 million, $86.0 million, and $88.4 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 3M 84.63 Bn 81.30 Bn 2.68 Bn 5.52 Bn
2 Illinois Tool Works 75.96 Bn 75.12 Bn 1.90 Bn -
3 Ametek 53.68 Bn 53.19 Bn 735.04 Mn 1.52 Bn
4 Rockwell Automation 46.83 Bn 46.35 Bn 1.14 Bn 663.00 Mn
5 Mettler Toledo International 25.77 Bn 25.72 Bn 650.22 Mn 321.77 Mn
6 Dover 25.23 Bn 23.47 Bn 880.61 Mn 488.82 Mn
7 Nordson 17.11 Bn 17.00 Bn 453.73 Mn 230.64 Mn
8 Fortive 16.56 Bn 16.19 Bn 695.30 Mn 485.40 Mn
9 RBC Bearings 15.05 Bn 14.92 Bn 247.80 Mn 107.00 Mn
10 Novanta 5.90 Bn 5.18 Bn 120.92 Mn 102.85 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 102.85 Mn
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