Novanta (NOVT) Research & Development (2016 - 2025)
Historic Research & Development for Novanta (NOVT) over the last 17 years, with Q3 2025 value amounting to $24.1 million.
- Novanta's Research & Development rose 359.95% to $24.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $97.9 million, marking a year-over-year increase of 450.46%. This contributed to the annual value of $95.5 million for FY2024, which is 418.08% up from last year.
- Per Novanta's latest filing, its Research & Development stood at $24.1 million for Q3 2025, which was up 359.95% from $25.3 million recorded in Q2 2025.
- Over the past 5 years, Novanta's Research & Development peaked at $25.3 million during Q2 2025, and registered a low of $17.0 million during Q3 2021.
- Over the past 5 years, Novanta's median Research & Development value was $22.8 million (recorded in 2023), while the average stood at $22.0 million.
- In the last 5 years, Novanta's Research & Development surged by 2733.28% in 2022 and then dropped by 3.44% in 2025.
- Over the past 5 years, Novanta's Research & Development (Quarter) stood at $19.4 million in 2021, then grew by 12.8% to $21.9 million in 2022, then rose by 7.07% to $23.5 million in 2023, then increased by 7.82% to $25.3 million in 2024, then fell by 4.73% to $24.1 million in 2025.
- Its Research & Development stands at $24.1 million for Q3 2025, versus $25.3 million for Q2 2025 and $23.2 million for Q1 2025.