Novanta (NOVT) Total Debt (2010 - 2026)
Novanta (NOVT) reported Total Debt of $241.4 million for Q2 2026, down 38.12% on a YoY basis from $390.1 million in Q2 2025, and down 3.75% quarter-over-quarter from $250.8 million in Q4 2025.
Novanta (NOVT) Total Debt (2010 - 2026) Analysis & Trends
Novanta has reported Total Debt for 17 years, with the latest figure at $241.4 million in Q2 2026.
- For the quarter ending Q2 2026, Total Debt fell 38.12% year-over-year to $241.4 million; the trailing twelve-month figure through Apr 2026 stood at $241.4 million (down 38.12% YoY), and the FY2025 full-year result was $250.8 million, down 39.8% from the prior year.
- Total Debt for Q2 2026 stood at $241.4 million, down from $250.8 million in the prior quarter.
- The five-year high for Total Debt was $513.7 million in Q1 2024, with the low at $241.4 million in Q2 2026.
- Historically, Total Debt has averaged $406.2 million across 5 years, with a median of $417.5 million in 2022.
- Annual changes were most pronounced in 2022 — Total Debt jumped 118.11% — and 2025, when it plunged 39.8%.
- Novanta's Total Debt stood at $435.5 million in 2022, then retreated by 18.62% to $354.4 million in 2023, then increased by 17.57% to $416.6 million in 2024, then plunged by 39.8% to $250.8 million in 2025, then fell by 3.75% to $241.4 million in 2026.
- The last three Total Debt figures came in at $241.4 million (Q2 2026), $250.8 million (Q4 2025), and $451.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 3.19 Bn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 2.53 Bn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | - |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 2.48 Bn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 1.40 Bn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 3.49 Bn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 1.41 Bn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | - |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 145.00 Mn |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | 241.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 241.42 Mn |
| Dec 31, 2025 | 250.83 Mn |
| Sep 26, 2025 | 451.34 Mn |
| Jun 27, 2025 | 459.24 Mn |
| Mar 28, 2025 | 390.13 Mn |
| Dec 31, 2024 | 416.64 Mn |
| Sep 27, 2024 | 457.52 Mn |
| Jun 28, 2024 | 481.93 Mn |
| Mar 29, 2024 | 513.71 Mn |
| Dec 31, 2023 | 354.37 Mn |
| Sep 29, 2023 | 352.62 Mn |
| Jun 30, 2023 | 408.49 Mn |
| Mar 31, 2023 | 423.44 Mn |
| Dec 31, 2022 | 435.46 Mn |
| Sep 30, 2022 | 442.81 Mn |
| Jul 1, 2022 | 407.36 Mn |
| Apr 1, 2022 | 417.50 Mn |
| Dec 31, 2021 | 434.46 Mn |
| Oct 1, 2021 | 447.04 Mn |
| Jul 2, 2021 | 192.20 Mn |