Novanta (NOVT) Tax Provisions (2010 - 2026)
Novanta's Tax Provisions came in at $3.36 million for Q2 2026, up 159.8% from $1.29 million a year earlier but down 36.1% from the prior quarter.
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Analysis
Novanta (NOVT) Tax Provisions (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 3, 2026, Novanta reported Tax Provisions of $17.92 million, up 13.0% year-over-year; for FY2025, it came in at $15.81 million, up 5.6% from FY2024.
- Tax Provisions carries a five-year compound annual growth rate of 32.4% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $14.98 million in FY2024 (+37.8%), $10.87 million in FY2023 (-17.1%), $13.11 million in FY2022 (+124.4%) and $5.84 million in FY2021 (+50.5%).
- The five-year range for quarterly Tax Provisions is -$75,000 (Q3 2021) to $5.26 million (Q1 2026).
- Year-over-year, Tax Provisions increased in six of the last eight quarters, with growth averaging 56.0%.
- The fastest year-over-year change in Tax Provisions over five years came in Q3 2024 (growth of 184.2%), and the weakest in Q2 2025 (a decline of 61.7%).
- Business Quant data shows NOVT's Tax Provisions at $5.26 million (Q1 2026), $4.21 million (Q4 2025) and $5.11 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 122.20 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 198.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 183.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 265.00 Mn |
| 10 | Novanta | 5.38 Bn | 3.80 Bn | 120.92 Mn | 3.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 3.36 Mn |
| 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 | 4.33 Mn |
| Sep 27, 2024 | 5.03 Mn |
| Jun 28, 2024 | 3.38 Mn |
| Mar 29, 2024 | 2.24 Mn |
| Dec 31, 2023 | 3.24 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 | 5.09 Mn |
| Oct 1, 2021 | -75,000.00 |
API Access
Novanta Tax Provisions 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=tax-provisions&ticker=NOVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();