Novanta (NOVT) Tax Provisions (2010 - 2026)
Novanta's (NOVT) quarterly Tax Provisions came in at $5.3 million in Q2 2026, up 0.86% YoY from $5.2 million in Q2 2025, and down 59.76% on a QoQ basis from $13.1 million in Q4 2025.
Novanta (NOVT) Tax Provisions (2010 - 2026) Analysis & Trends
Novanta (NOVT) has 17 years of Tax Provisions data on file, last reported at $5.3 million in Q2 2026.
- Quarterly Tax Provisions rose 0.86% year-over-year to $5.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $24.7 million (up 37.67% YoY) and the FY2025 annual result came in at $24.7 million, up 64.67% from the prior year.
- Tax Provisions eased to $5.3 million in Q2 2026, from $13.1 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $18.0 million in Q4 2023 to a low of $1.3 million in Q2 2025.
- A 5-year average of $4.9 million and a median of $4.3 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 5809.33% — and 2024, when it tumbled 75.89%.
- Tracing NOVT's Tax Provisions over 5 years: stood at $3.7 million in 2022, then soared by 389.0% to $18.0 million in 2023, then plunged by 75.89% to $4.3 million in 2024, then surged by 201.52% to $13.1 million in 2025, then plunged by 59.76% to $5.3 million in 2026.
- The last three Tax Provisions figures came in at $5.3 million (Q2 2026), $13.1 million (Q4 2025), and $5.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 109.14 Mn |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 69.00 Mn |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | 42.31 Mn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 69.60 Mn |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 38.00 Mn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 22.20 Mn |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | 26.90 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 16.54 Mn |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 8.22 Mn |
| 10 | Novanta | 5.97 Bn | 5.25 Bn | 120.92 Mn | 3.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 3.36 Mn |
| Apr 3, 2026 | 5.26 Mn |
| Dec 31, 2025 | 13.06 Mn |
| Sep 26, 2025 | 5.11 Mn |
| Jun 27, 2025 | 1.29 Mn |
| Mar 28, 2025 | 5.21 Mn |
| Dec 31, 2024 | 4.33 Mn |
| Sep 27, 2024 | 5.03 Mn |
| Jun 28, 2024 | 3.38 Mn |
| Mar 29, 2024 | 2.24 Mn |
| Dec 31, 2023 | 17.96 Mn |
| Sep 29, 2023 | 1.77 Mn |
| Jun 30, 2023 | 4.39 Mn |
| Mar 31, 2023 | 1.47 Mn |
| Dec 31, 2022 | 3.67 Mn |
| Sep 30, 2022 | 4.28 Mn |
| Jul 1, 2022 | 3.28 Mn |
| Apr 1, 2022 | 1.88 Mn |
| Dec 31, 2021 | 9.03 Mn |
| Oct 1, 2021 | -75,000.00 |