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
DateValue
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