Novanta (NOVTU) Change in Inventory (2010 - 2026)

Novanta (NOVTU) reported Change in Inventory of $6.8 million for Q2 2026, up 11091.8% on a YoY basis from N/an in Q2 2025, and down 22.32% quarter-over-quarter from $8.8 million in Q4 2025.

Novanta (NOVTU) Change in Inventory (2010 - 2026) Analysis & Trends

Novanta has reported Change in Inventory for 17 years, with the latest figure at $6.8 million in Q2 2026.

  • For the quarter ending Q2 2026, Change in Inventory rose 11091.8% year-over-year to $6.8 million; the trailing twelve-month figure through Apr 2026 stood at $42.9 million (up 3299.44% YoY), and the FY2025 full-year result was $36.1 million, up 855.09% from the prior year.
  • Change in Inventory for Q2 2026 stood at $6.8 million, down from $8.8 million in the prior quarter.
  • The five-year high for Change in Inventory was $18.6 million in Q3 2022, with the low at -$5.7 million in Q4 2023.
  • Historically, Change in Inventory has averaged $5.0 million across 5 years, with a median of $2.0 million in 2022.
  • Annual changes were most pronounced in 2023 — Change in Inventory plunged 388.07% — and 2026, when it surged 11091.8%.
  • Novanta's Change in Inventory stood at $2.0 million in 2022, then tumbled by 388.07% to -$5.7 million in 2023, then surged by 106.96% to $400000.0 in 2024, then jumped by 2097.25% to $8.8 million in 2025, then declined by 22.32% to $6.8 million in 2026.
  • The last three Change in Inventory figures came in at $6.8 million (Q2 2026), $8.8 million (Q4 2025), and $13.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 278.05 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 3.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 95.06 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 86.70 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 49.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 14.80 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 800,000.00
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn -8,000.00
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn -
10 Novanta - - 113.58 Mn 6.83 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 6.83 Mn
Apr 3, 2026 6.83 Mn
Dec 31, 2025 8.79 Mn
Dec 31, 2025 8.79 Mn
Sep 26, 2025 13.06 Mn
Sep 26, 2025 13.06 Mn
Jun 27, 2025 14.20 Mn
Jun 27, 2025 14.20 Mn
Mar 28, 2025 61,000.00
Mar 28, 2025 61,000.00
Dec 31, 2024 400,000.00
Dec 31, 2024 400,000.00
Sep 27, 2024 400,000.00
Sep 27, 2024 400,000.00
Jun 28, 2024 400,000.00
Jun 28, 2024 400,000.00
Mar 29, 2024 3.78 Mn
Mar 29, 2024 3.78 Mn
Dec 31, 2023 -5.75 Mn
Dec 31, 2023 -5.75 Mn