Novanta (NOVT) Operating Income (2010 - 2026)
Novanta (NOVT) posted Operating Income of $27.5 million for Q2 2026, up 10.9% quarter-over-quarter from $24.8 million in Q4 2025, and down 15.06% year-on-year from $32.4 million in Q2 2025.
Novanta (NOVT) Operating Income (2010 - 2026) Analysis & Trends
Novanta (NOVT) has reported Operating Income for 17 consecutive years, with $27.5 million the latest figure, recorded in Q2 2026.
- Operating Income for Q2 2026 came in at $27.5 million, down 15.06% year-over-year; the trailing twelve-month figure through Apr 2026 was $89.1 million (down 24.08% YoY), and the FY2025 annual result was $94.0 million, down 14.99% from the prior year.
- Operating Income was $27.5 million for Q2 2026 at Novanta, up from $24.8 million in the prior quarter.
- Over five years, Operating Income peaked at $32.6 million in Q3 2024 and troughed at $14.9 million in Q2 2025.
- Average Operating Income over 5 years is $26.2 million, with a median of $26.3 million recorded in 2023.
- Year-over-year, Operating Income soared 118.79% in 2022 and tumbled 42.01% in 2025.
- Over 5 years, Operating Income stood at $26.8 million in 2022, then slipped by 19.25% to $21.7 million in 2023, then grew by 23.2% to $26.7 million in 2024, then retreated by 7.02% to $24.8 million in 2025, then gained by 10.9% to $27.5 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $27.5 million in Q2 2026, $24.8 million in Q4 2025, and $21.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | -941.35 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 27.54 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 248.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 294.20 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 191.70 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 144.00 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 59.87 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 141.60 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 431.67 Mn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 35.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 27.54 Mn |
| Dec 31, 2025 | 24.83 Mn |
| Sep 26, 2025 | 21.85 Mn |
| Jun 27, 2025 | 14.91 Mn |
| Mar 28, 2025 | 32.42 Mn |
| Dec 31, 2024 | 26.71 Mn |
| Sep 27, 2024 | 32.56 Mn |
| Jun 28, 2024 | 25.72 Mn |
| Mar 29, 2024 | 25.61 Mn |
| Dec 31, 2023 | 21.68 Mn |
| Sep 29, 2023 | 30.31 Mn |
| Jun 30, 2023 | 32.20 Mn |
| Mar 31, 2023 | 26.31 Mn |
| Dec 31, 2022 | 26.84 Mn |
| Sep 30, 2022 | 28.66 Mn |
| Jul 1, 2022 | 23.29 Mn |
| Apr 1, 2022 | 24.28 Mn |
| Dec 31, 2021 | 21.69 Mn |
| Oct 1, 2021 | 15.28 Mn |
| Jul 2, 2021 | 15.99 Mn |