Novanta (NOVTU) Cost of Revenue (2010 - 2026)
Novanta (NOVTU) posted Cost of Revenue of $144.89 million for Q2 2026, up 7.9% from $134.3 million a year earlier and up 0.5% from the prior quarter.
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Analysis
Novanta (NOVTU) Cost of Revenue (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, Cost of Revenue at Novanta was $571.02 million, up 8.1% year-over-year; for FY2025, it was $545.32 million, up 3.3% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 9.5% (FY2020 to FY2025).
- In prior years, Novanta's Cost of Revenue was $527.7 million in FY2024 (+9.5%), $481.77 million in FY2023 (-0.1%), $482.43 million in FY2022 (+18.7%) and $406.47 million in FY2021 (+17.4%).
- Quarterly Cost of Revenue has run from a low of $101.43 million in Q3 2021 to a high of $145.09 million in Q4 2025 over five years.
- On a year-over-year basis, Cost of Revenue has increased in each of the last five quarters, with growth averaging 7.3% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q4 2021, with growth of 36.2%; the weakest was Q4 2023, with a decline of 7.1%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $144.13 million (Q1 2026), $145.09 million (Q4 2025) and $136.92 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 144.89 Mn |
| Apr 3, 2026 | 144.13 Mn |
| Dec 31, 2025 | 145.09 Mn |
| Sep 26, 2025 | 136.92 Mn |
| Jun 27, 2025 | 134.30 Mn |
| Mar 28, 2025 | 129.01 Mn |
| Dec 31, 2024 | 129.84 Mn |
| Sep 27, 2024 | 135.19 Mn |
| Jun 28, 2024 | 132.18 Mn |
| Mar 29, 2024 | 130.50 Mn |
| Dec 31, 2023 | 115.01 Mn |
| Sep 29, 2023 | 119.91 Mn |
| Jun 30, 2023 | 125.34 Mn |
| Mar 31, 2023 | 121.50 Mn |
| Dec 31, 2022 | 123.83 Mn |
| Sep 30, 2022 | 124.55 Mn |
| Jul 1, 2022 | 120.11 Mn |
| Apr 1, 2022 | 113.94 Mn |
| Dec 31, 2021 | 116.08 Mn |
| Oct 1, 2021 | 101.43 Mn |
API Access
Novanta Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NOVTU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NOVTU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NOVTU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();