Novanta (NOVTU) Cost of Revenue (2010 - 2026)
Novanta (NOVTU) posted Cost of Revenue of $144.1 million for Q2 2026, down 0.66% quarter-over-quarter from $145.1 million in Q4 2025, and up 11.72% year-on-year from $129.0 million in Q2 2025.
Novanta (NOVTU) Cost of Revenue (2010 - 2026) Analysis & Trends
Novanta (NOVTU) has reported Cost of Revenue for 17 consecutive years, with $144.1 million the latest figure, recorded in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $144.1 million, up 11.72% year-over-year; the trailing twelve-month figure through Apr 2026 was $560.4 million (up 6.5% YoY), and the FY2025 annual result was $545.3 million, up 3.34% from the prior year.
- Cost of Revenue was $144.1 million for Q2 2026 at Novanta, down from $145.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $145.1 million in Q4 2025 and troughed at $113.9 million in Q2 2022.
- Average Cost of Revenue over 5 years is $128.3 million, with a median of $129.0 million recorded in 2025.
- Year-over-year, Cost of Revenue increased 26.28% in 2022 and fell 7.12% in 2023.
- Over 5 years, Cost of Revenue stood at $123.8 million in 2022, then declined by 7.12% to $115.0 million in 2023, then gained by 12.89% to $129.8 million in 2024, then climbed by 11.75% to $145.1 million in 2025, then dropped by 0.66% to $144.1 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $144.1 million in Q2 2026, $145.1 million in Q4 2025, and $136.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.13 Bn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 144.13 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 605.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 886.30 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 393.90 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 293.60 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 77.50 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 648.50 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 711.20 Mn |
| 10 | Novanta | - | - | 113.58 Mn | 144.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 144.13 Mn |
| Apr 3, 2026 | 144.13 Mn |
| Dec 31, 2025 | 145.09 Mn |
| Dec 31, 2025 | 145.09 Mn |
| Sep 26, 2025 | 136.92 Mn |
| Sep 26, 2025 | 136.92 Mn |
| Jun 27, 2025 | 134.30 Mn |
| Jun 27, 2025 | 134.30 Mn |
| Mar 28, 2025 | 129.01 Mn |
| Mar 28, 2025 | 129.01 Mn |
| Dec 31, 2024 | 129.84 Mn |
| Dec 31, 2024 | 129.84 Mn |
| Sep 27, 2024 | 135.19 Mn |
| Sep 27, 2024 | 135.19 Mn |
| Jun 28, 2024 | 132.18 Mn |
| Jun 28, 2024 | 132.18 Mn |
| Mar 29, 2024 | 130.50 Mn |
| Mar 29, 2024 | 130.50 Mn |
| Dec 31, 2023 | 115.01 Mn |
| Dec 31, 2023 | 115.01 Mn |