Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCapital LeasesCash & Current InvestmentsCash & EquivalentsCommon EquityCurrent AssetsCurrent Deferred RevenueCurrent LeasesCurrent TaxesFinished GoodsGoodwillGoodwill & IntangiblesIntangiblesInventoryLiabilities and Shareholders EquityLong-Term Deferred TaxNon-Current AssetsNon-Current DebtNon-Current Deferred Tax LiabilityNon-Current Deferred Tax LiabilityOperating LeasesOther Accumulated ExpensesOther Non-Current AssetsOther Non-Current LiabilitiesPayablesPrepaid AssetsProperty, Plant & Equipment (Net)Property, Plant & Equipment (Net)Raw MaterialsReceivablesReceivables - NetRetained EarningsShareholder's EquityShares OutstandingShort term DebtTotal Current LiabilitiesTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury SharesWork In Process
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Income Statement
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Novanta (NOVT) Work In Process (2016 - 2025)

Novanta's Work In Process history spans 15 years, with the latest figure at $32.5 million for Q4 2025.

  • For Q4 2025, Work In Process rose 31.39% year-over-year to $32.5 million; the TTM value through Dec 2025 reached $32.5 million, up 31.39%, while the annual FY2025 figure was $32.5 million, 31.39% up from the prior year.
  • Work In Process reached $32.5 million in Q4 2025 per NOVT's latest filing, up from $31.0 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $32.5 million in Q4 2025 to a low of $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.
  • Peak YoY movement for Work In Process: surged 55.56% in 2022, then fell 18.26% in 2023.
  • A 5-year view of Work In Process shows it 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.
  • Per Business Quant, the three most recent readings for NOVT's Work In Process are $32.5 million (Q4 2025), $31.0 million (Q3 2025), and $26.0 million (Q2 2025).