Growth Metrics

Novanta (NOVT) Work In Process (2016 - 2025)

Novanta (NOVT) has disclosed Work In Process for 15 consecutive years, with $32.5 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Work In Process rose 31.39% year-over-year to $32.5 million, compared with a TTM value of $32.5 million through Dec 2025, up 31.39%, and an annual FY2025 reading of $32.5 million, up 31.39% over the prior year.
  • Work In Process was $32.5 million for Q4 2025 at Novanta, up from $31.0 million in the prior quarter.
  • Across five years, Work In Process topped out at $32.5 million in Q4 2025 and bottomed at $15.4 million in Q2 2021.
  • Average Work In Process over 5 years is $23.7 million, with a median of $24.0 million recorded in 2022.
  • The sharpest move saw Work In Process surged 55.56% in 2022, then fell 18.26% in 2023.
  • Year by year, Work In Process stood at $20.6 million in 2021, then increased by 13.24% to $23.3 million in 2022, then decreased by 9.94% to $21.0 million in 2023, then rose by 17.65% to $24.7 million in 2024, then skyrocketed by 31.39% to $32.5 million in 2025.
  • Business Quant data shows Work In Process for NOVT at $32.5 million in Q4 2025, $31.0 million in Q3 2025, and $26.0 million in Q2 2025.