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 - 2026)

Novanta filings provide 16 years of Work In Process readings, the most recent being $38.1 million for Q2 2026.

  • On a quarterly basis, Work In Process rose 61.4% to $38.1 million in Q2 2026 year-over-year; TTM through Apr 2026 was $38.1 million, a 61.4% increase, with the full-year FY2025 number at $32.5 million, up 31.39% from a year prior.
  • Work In Process hit $38.1 million in Q2 2026 for Novanta, up from $32.5 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $38.1 million in Q2 2026 to a low of $21.0 million in Q4 2023.
  • Median Work In Process over the past 5 years was $24.5 million (2024), compared with a mean of $25.8 million.
  • Biggest five-year swings in Work In Process: dropped 18.26% in 2023 and later surged 61.4% in 2026.
  • Novanta's Work In Process stood at $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, then rose by 17.22% to $38.1 million in 2026.
  • The last three reported values for Work In Process were $38.1 million (Q2 2026), $32.5 million (Q4 2025), and $31.0 million (Q3 2025) per Business Quant data.