Novanta (NOVT) Tax Rate (2010 - 2026)

Novanta (NOVT) has reported Tax Rate for 17 consecutive years, with 21.12% the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Tax Rate fell 120.0% year-over-year to 21.12%; the trailing twelve-month figure through Jul 2026 stood at 33.6% (down 754.0% YoY), and the FY2025 full-year result was 35.42%, down 365.0% from the prior year.
• Tax Rate advanced to 21.12% in Q3 2026 per NOVT's latest filing, from 19.94% in the prior quarter.
• Across five years, Tax Rate topped out at 117.91% in Q4 2022 and bottomed at 7.46% in Q1 2023.
• Historically, Tax Rate has averaged 35.12% across 5 years, with a median of 19.83% in 2025.
• The sharpest annual moves came in 2022 and 2025: Tax Rate surged 6998 bps in 2022, then sank 3709 bps in 2025.
• Over 5 years, Tax Rate stood at 117.91% in 2022, then dropped by 3 bps to 114.07% in 2023, then declined by 15 bps to 97.33% in 2024, then plunged by 38 bps to 60.24% in 2025, then plunged by 65 bps to 21.12% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 21.12%, 19.94%, and 60.24% for Q3 2026, Q2 2026, and Q4 2025 respectively.