Novanta (NOVT) Tax Provisions (2010 - 2026)

Novanta (NOVT) posted Tax Provisions of $5.3 million for Q2 2026, up 24.94% quarter-over-quarter from $4.2 million in Q4 2025, and up 0.86% year-on-year from $5.2 million in Q2 2025.

Novanta (NOVT) Tax Provisions (2010 - 2026) Analysis & Trends

Novanta (NOVT) has reported Tax Provisions for 17 consecutive years, with $5.3 million the latest figure, recorded in Q2 2026.

  • Tax Provisions for Q2 2026 came in at $5.3 million, up 0.86% year-over-year; the trailing twelve-month figure through Apr 2026 was $15.9 million (down 53.16% YoY), and the FY2025 annual result was $15.8 million, down 48.81% from the prior year.
  • Tax Provisions was $5.3 million for Q2 2026 at Novanta, up from $4.2 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $22.3 million in Q4 2022 and troughed at $1.3 million in Q2 2025.
  • Average Tax Provisions over 5 years is $6.4 million, with a median of $4.3 million recorded in 2022.
  • Year-over-year, Tax Provisions jumped 5809.33% in 2022 and slumped 79.22% in 2025.
  • Over 5 years, Tax Provisions stood at $22.3 million in 2022, then decreased by 19.55% to $18.0 million in 2023, then advanced by 12.69% to $20.2 million in 2024, then plunged by 79.22% to $4.2 million in 2025, then climbed by 24.94% to $5.3 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were $5.3 million in Q2 2026, $4.2 million in Q4 2025, and $5.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 2.67 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 5.26 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn -83.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 51.90 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 27.20 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 32.40 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 10.05 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 28.40 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 67.45 Mn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 9.00 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 5.26 Mn
Dec 31, 2025 4.21 Mn
Sep 26, 2025 5.11 Mn
Jun 27, 2025 1.29 Mn
Mar 28, 2025 5.21 Mn
Dec 31, 2024 20.24 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 22.33 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
Jul 2, 2021 2.78 Mn