Novanta NOVT
NASDAQ NOVT
$143.85 -1.91 (-1.31%)
As of: Sep 10, 2026 · 3:59 PM EDT

Novanta (NOVT) Work In Process (2011 - 2026)

Novanta's (NOVT) quarterly Work In Process came in at $38.1 million in Q3 2026, up 46.7% on a YoY basis from $26.0 million in Q3 2025, and little changed quarter-over-quarter from $38.1 million in Q2 2026.

Analysis

Novanta (NOVT) Work In Process (2011 - 2026) Analysis & Trends

Novanta (NOVT) has reported Work In Process for 16 consecutive years, with $38.1 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Work In Process rose 46.7% year-over-year to $38.1 million; the trailing twelve-month figure through Jul 2026 stood at $38.1 million (up 46.7% YoY), and the FY2025 full-year result was $32.5 million, up 31.39% from the prior year.
  • Work In Process was little changed at $38.1 million in Q3 2026 per NOVT's latest filing, from $38.1 million in the prior quarter.
  • Across five years, Work In Process topped out at $38.1 million in Q3 2026 and bottomed at $21.0 million in Q4 2023.
  • Historically, Work In Process has averaged $26.5 million across 5 years, with a median of $24.6 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Work In Process fell 18.26% in 2023, then jumped 61.4% in 2026.
  • Over 5 years, 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 jumped by 31.39% to $32.5 million in 2025, then increased by 17.46% to $38.1 million in 2026.
  • According to Business Quant data, Work In Process over the past three periods registered $38.1 million, $38.1 million, and $32.5 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 3M 84.63 Bn 81.30 Bn 2.68 Bn
2 Illinois Tool Works 75.96 Bn 75.12 Bn 1.90 Bn
3 Ametek 53.68 Bn 53.19 Bn 735.04 Mn
4 Rockwell Automation 46.83 Bn 46.35 Bn 1.14 Bn
5 Mettler Toledo International 25.77 Bn 25.72 Bn 650.22 Mn
6 Dover 25.23 Bn 23.47 Bn 880.61 Mn
7 Nordson 17.11 Bn 17.00 Bn 453.73 Mn
8 Fortive 16.56 Bn 16.19 Bn 695.30 Mn
9 RBC Bearings 15.05 Bn 14.92 Bn 247.80 Mn
10 Novanta 5.90 Bn 5.18 Bn 120.92 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 38.15 Mn
Apr 3, 2026 38.07 Mn
Dec 31, 2025 32.48 Mn
Sep 26, 2025 31.03 Mn
Jun 27, 2025 26.01 Mn
Mar 28, 2025 23.59 Mn
Dec 31, 2024 24.72 Mn
Sep 27, 2024 26.58 Mn
Jun 28, 2024 26.15 Mn
Mar 29, 2024 24.49 Mn
Dec 31, 2023 21.01 Mn
Sep 29, 2023 21.27 Mn
Jun 30, 2023 21.34 Mn
Mar 31, 2023 24.14 Mn
Dec 31, 2022 23.33 Mn
Sep 30, 2022 23.98 Mn
Jul 1, 2022 26.11 Mn
Apr 1, 2022 23.97 Mn
Dec 31, 2021 20.60 Mn
Oct 1, 2021 21.41 Mn