Novanta (NOVT) Prepaid Assets (2010 - 2026)
Novanta (NOVT) recorded Prepaid Assets of $20.63 million in Q2 2026, up 39.8% from $14.76 million a year earlier but down 7.0% from the prior quarter.
Analysis
Novanta (NOVT) Prepaid Assets (2010 - 2026) Analysis & Trends
At the end of FY2025, Novanta reported Prepaid Assets of $19.18 million, up 20.3% from FY2024.
- Annual Prepaid Assets has increased for five straight years, with a five-year compound annual growth rate of 18.7% (FY2020 to FY2025).
- Across earlier years, Prepaid Assets came in at $15.95 million in FY2024 (+19.4%), $13.36 million in FY2023 (+1.1%), $13.21 million in FY2022 (+0.4%) and $13.16 million in FY2021 (+62.0%).
- Quarterly Prepaid Assets has ranged from $11.9 million in Q2 2024 to $22.18 million in Q1 2026 over the past five years.
- On a year-over-year basis, Prepaid Assets has increased for five consecutive quarters, with growth averaging 25.8% over the last eight quarters.
- Peak year-over-year performance for Prepaid Assets in the last five years was growth of 75.6% in Q1 2026, against a decline of 17.4% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $22.18 million (Q1 2026), $19.18 million (Q4 2025) and $18.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 323.57 Bn | 295.27 Bn | 7.76 Bn |
| 2 | Amphenol | 179.36 Bn | 173.94 Bn | 3.55 Bn |
| 3 | Deere | 170.85 Bn | 138.95 Bn | 4.66 Bn |
| 4 | Eaton | 143.13 Bn | 140.32 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 113.06 Bn | 111.19 Bn | 2.25 Bn |
| 6 | 3M | 90.28 Bn | 71.72 Bn | 2.78 Bn |
| 7 | Emerson Electric | 88.25 Bn | 80.98 Bn | 2.66 Bn |
| 8 | Illinois Tool Works | 79.61 Bn | 76.17 Bn | 1.90 Bn |
| 9 | Vertiv Holdings | 75.14 Bn | 65.76 Bn | 1.23 Bn |
| 10 | Novanta | 5.59 Bn | 4.01 Bn | 120.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 20.63 Mn |
| Apr 3, 2026 | 22.18 Mn |
| Dec 31, 2025 | 19.18 Mn |
| Sep 26, 2025 | 18.90 Mn |
| Jun 27, 2025 | 14.76 Mn |
| Mar 28, 2025 | 12.63 Mn |
| Dec 31, 2024 | 15.95 Mn |
| Sep 27, 2024 | 12.88 Mn |
| Jun 28, 2024 | 11.90 Mn |
| Mar 29, 2024 | 15.28 Mn |
| Dec 31, 2023 | 13.36 Mn |
| Sep 29, 2023 | 13.17 Mn |
| Jun 30, 2023 | 12.13 Mn |
| Mar 31, 2023 | 12.31 Mn |
| Dec 31, 2022 | 13.21 Mn |
| Sep 30, 2022 | 14.72 Mn |
| Jul 1, 2022 | 14.10 Mn |
| Apr 1, 2022 | 12.65 Mn |
| Dec 31, 2021 | 13.16 Mn |
| Oct 1, 2021 | 12.16 Mn |
API Access
Novanta Prepaid Assets 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=prepaid-assets&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();