Novanta (NOVT) Operating Income (2010 - 2026)
Novanta's Operating Income was $18.06 million in Q2 2026, up 21.1% from $14.91 million a year earlier but down 34.4% from the prior quarter.
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Analysis
Novanta (NOVT) Operating Income (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Novanta's Operating Income was $92.28 million through Jul 3, 2026, down 13.4% year-over-year; for FY2025, it was $94.01 million, down 15.0% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- In earlier years, Operating Income was $110.58 million in FY2024 (+0.1%), $110.5 million in FY2023 (+7.2%), $103.08 million in FY2022 (+60.9%) and $64.05 million in FY2021 (+14.6%).
- Quarterly Operating Income has moved between $14.91 million (Q2 2025) and $32.56 million (Q3 2024) over five years.
- Compared with a year earlier, Operating Income was higher in four of the last eight quarters, with an average decline of 2.3%.
- The best year-over-year quarter for Operating Income over five years was Q1 2022 (growth of 118.8%); the worst was Q2 2025 (a decline of 42.0%).
- Per Business Quant data, NOVT's Operating Income in the three quarters before Q2 2026 was $27.54 million (Q1 2026), $24.83 million (Q4 2025) and $21.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 4.30 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 2.58 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 1.86 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 1.39 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 1.37 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 637.90 Mn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 1.31 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 984.00 Mn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 1.15 Bn |
| 10 | Novanta | 5.64 Bn | 4.07 Bn | 120.92 Mn | 18.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 18.06 Mn |
| 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 |
API Access
Novanta Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=NOVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "NOVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();