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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |