Novanta (NOVT) Shares Outstanding (2010 - 2026)
Novanta (NOVT) recorded Shares Outstanding of 41.01 million in Q2 2026, up 13.8% from 36.02 million a year earlier and up 1.4% from the prior quarter.
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Analysis
Novanta (NOVT) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Novanta reported Shares Outstanding of 36.59 million, up 1.8% from FY2024.
- Annual Shares Outstanding has increased for 16 straight years, with a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 35.95 million in FY2024 (+0.3%), 35.84 million in FY2023 (+0.5%), 35.65 million in FY2022 (+0.7%) and 35.4 million in FY2021 (+0.7%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding in data going back to Q2 2010.
- On a year-over-year basis, Shares Outstanding has increased for three consecutive quarters, with growth averaging 3.6% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 0.0% in Q3 2025 to 13.8% in Q2 2026.
- Per Business Quant, the preceding three quarters came in at 40.43 million (Q1 2026), 36.59 million (Q4 2025) and 35.97 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 460.40 Mn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 2.46 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 269.80 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 388.50 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 126.30 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 384.56 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 558.80 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 519.70 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 286.40 Mn |
| 10 | Novanta | 5.38 Bn | 3.80 Bn | 120.92 Mn | 41.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 41.01 Mn |
| Apr 3, 2026 | 40.43 Mn |
| Dec 31, 2025 | 36.59 Mn |
| Sep 26, 2025 | 35.97 Mn |
| Jun 27, 2025 | 36.02 Mn |
| Mar 28, 2025 | 36.02 Mn |
| Dec 31, 2024 | 35.95 Mn |
| Sep 27, 2024 | 35.96 Mn |
| Jun 28, 2024 | 35.95 Mn |
| Mar 29, 2024 | 35.91 Mn |
| Dec 31, 2023 | 35.84 Mn |
| Sep 29, 2023 | 35.86 Mn |
| Jun 30, 2023 | 35.85 Mn |
| Mar 31, 2023 | 35.81 Mn |
| Dec 31, 2022 | 35.65 Mn |
| Sep 30, 2022 | 35.73 Mn |
| Jul 1, 2022 | 35.61 Mn |
| Apr 1, 2022 | 35.54 Mn |
| Dec 31, 2021 | 35.40 Mn |
| Oct 1, 2021 | 35.45 Mn |
API Access
Novanta Shares Outstanding 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=shares-outstanding&ticker=NOVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();