Novanta (NOVT) Tax Provisions (2010 - 2026)

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

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

Novanta has reported Tax Provisions for 17 years, with the latest figure at $5.3 million in Q2 2026.

  • For the quarter ending Q2 2026, Tax Provisions rose 0.86% year-over-year to $5.3 million; the trailing twelve-month figure through Apr 2026 stood at $15.9 million (down 53.16% YoY), and the FY2025 full-year result was $15.8 million, down 48.81% from the prior year.
  • Tax Provisions for Q2 2026 stood at $5.3 million, up from $4.2 million in the prior quarter.
  • The five-year high for Tax Provisions was $22.3 million in Q4 2022, with the low at $1.3 million in Q2 2025.
  • Historically, Tax Provisions has averaged $6.4 million across 5 years, with a median of $4.3 million in 2022.
  • Annual changes were most pronounced in 2022 — Tax Provisions surged 5809.33% — and 2025, when it plunged 79.22%.
  • Novanta's Tax Provisions stood at $22.3 million in 2022, then declined by 19.55% to $18.0 million in 2023, then increased by 12.69% to $20.2 million in 2024, then sank by 79.22% to $4.2 million in 2025, then rose by 24.94% to $5.3 million in 2026.
  • The last three Tax Provisions figures came in at $5.3 million (Q2 2026), $4.2 million (Q4 2025), and $5.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 2.67 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn -83.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 67.45 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 51.90 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 18.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 27.20 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 32.40 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 10.05 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 10.31 Mn
10 Novanta 6.47 Bn 6.08 Bn 113.58 Mn 5.26 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