Novanta (NOVTU) Change in Receivables (2010 - 2026)
Novanta (NOVTU) reported Change in Receivables of -$9.7 million for Q2 2026, down 179.61% on a YoY basis from $12.2 million in Q2 2025, and down 165.36% quarter-over-quarter from $14.8 million in Q4 2025.
Novanta (NOVTU) Change in Receivables (2010 - 2026) Analysis & Trends
Novanta has reported Change in Receivables for 17 years, with the latest figure at -$9.7 million in Q2 2026.
- For the quarter ending Q2 2026, Change in Receivables fell 179.61% year-over-year to -$9.7 million; the trailing twelve-month figure through Apr 2026 stood at $5.4 million (down 62.16% YoY), and the FY2025 full-year result was $27.3 million, up 340.37% from the prior year.
- Change in Receivables for Q2 2026 stood at -$9.7 million, down from $14.8 million in the prior quarter.
- The five-year high for Change in Receivables was $17.3 million in Q3 2024, with the low at -$11.2 million in Q4 2022.
- Historically, Change in Receivables has averaged $2.8 million across 5 years, with a median of $3.6 million in 2023.
- Annual changes were most pronounced in 2022 — Change in Receivables sank 387.35% — and 2024, when it surged 9068.91%.
- Novanta's Change in Receivables stood at -$11.2 million in 2022, then jumped by 44.24% to -$6.2 million in 2023, then tumbled by 58.46% to -$9.9 million in 2024, then soared by 250.05% to $14.8 million in 2025, then slumped by 165.36% to -$9.7 million in 2026.
- The last three Change in Receivables figures came in at -$9.7 million (Q2 2026), $14.8 million (Q4 2025), and $10.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 133.88 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | -33.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | -301.79 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 28.50 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 129.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | -34.80 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | -234.10 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 23.71 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | - |
| 10 | Novanta | - | - | 113.58 Mn | -9.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | -9.70 Mn |
| Apr 3, 2026 | -9.70 Mn |
| Dec 31, 2025 | 14.85 Mn |
| Dec 31, 2025 | 14.85 Mn |
| Sep 26, 2025 | 10.18 Mn |
| Sep 26, 2025 | 10.18 Mn |
| Jun 27, 2025 | -9.94 Mn |
| Jun 27, 2025 | -9.94 Mn |
| Mar 28, 2025 | 12.19 Mn |
| Mar 28, 2025 | 12.19 Mn |
| Dec 31, 2024 | -9.89 Mn |
| Dec 31, 2024 | -9.89 Mn |
| Sep 27, 2024 | 17.31 Mn |
| Sep 27, 2024 | 17.31 Mn |
| Jun 28, 2024 | -5.39 Mn |
| Jun 28, 2024 | -5.39 Mn |
| Mar 29, 2024 | 4.16 Mn |
| Mar 29, 2024 | 4.16 Mn |
| Dec 31, 2023 | -6.24 Mn |
| Dec 31, 2023 | -6.24 Mn |