Novanta (NOVT) Research & Development (2010 - 2026)

Novanta (NOVT) has reported Research & Development for 17 consecutive years, with $23.3 million the latest figure, recorded in Q2 2026.

• Research & Development for Q2 2026 came in at $23.3 million, changed 0.06% year-over-year; the trailing twelve-month figure through Apr 2026 was $95.5 million (changed 0.01% YoY), and the FY2025 annual result was $95.5 million, changed 0.03% from the prior year.
• Research & Development was $23.3 million for Q2 2026 at Novanta, up from $22.9 million in the prior quarter.
• Over five years, Research & Development peaked at $25.3 million in Q2 2025 and troughed at $20.9 million in Q2 2022.
• Average Research & Development over 5 years is $23.0 million, with a median of $23.2 million recorded in 2024.
• Year-over-year, Research & Development gained 27.33% in 2022 and decreased 9.56% in 2025.
• Over 5 years, Research & Development stood at $21.9 million in 2022, then grew by 7.07% to $23.5 million in 2023, then increased by 7.82% to $25.3 million in 2024, then fell by 9.56% to $22.9 million in 2025, then gained by 1.68% to $23.3 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $23.3 million in Q2 2026, $22.9 million in Q4 2025, and $24.1 million in Q3 2025.