Novanta (NOVTU) Cost of Revenue (2010 - 2026)

Novanta (NOVTU) reported Cost of Revenue of $144.1 million for Q2 2026, up 11.72% on a YoY basis from $129.0 million in Q2 2025, and down 0.66% quarter-over-quarter from $145.1 million in Q4 2025.

Novanta (NOVTU) Cost of Revenue (2010 - 2026) Analysis & Trends

Novanta has reported Cost of Revenue for 17 years, with the latest figure at $144.1 million in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 11.72% year-over-year to $144.1 million; the trailing twelve-month figure through Apr 2026 stood at $560.4 million (up 6.5% YoY), and the FY2025 full-year result was $545.3 million, up 3.34% from the prior year.
  • Cost of Revenue for Q2 2026 stood at $144.1 million, down from $145.1 million in the prior quarter.
  • The five-year high for Cost of Revenue was $145.1 million in Q4 2025, with the low at $113.9 million in Q2 2022.
  • Historically, Cost of Revenue has averaged $128.3 million across 5 years, with a median of $129.0 million in 2025.
  • Annual changes were most pronounced in 2022 — Cost of Revenue climbed 26.28% — and 2023, when it dropped 7.12%.
  • Novanta's Cost of Revenue stood at $123.8 million in 2022, then decreased by 7.12% to $115.0 million in 2023, then grew by 12.89% to $129.8 million in 2024, then rose by 11.75% to $145.1 million in 2025, then retreated by 0.66% to $144.1 million in 2026.
  • The last three Cost of Revenue figures came in at $144.1 million (Q2 2026), $145.1 million (Q4 2025), and $136.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Coherent 67.26 Bn 65.96 Bn 679.95 Mn 1.13 Bn
2 Keysight Technologies 55.85 Bn 53.67 Bn 995.00 Mn 605.00 Mn
3 Garmin 44.69 Bn 41.99 Bn 1.04 Bn 711.20 Mn
4 Teledyne Technologies 27.94 Bn 27.64 Bn 673.80 Mn 886.30 Mn
5 Mks 21.31 Bn 20.74 Bn 507.00 Mn 571.00 Mn
6 Fortive 18.59 Bn 18.25 Bn 675.50 Mn 393.90 Mn
7 Trimble 11.88 Bn 11.64 Bn 646.30 Mn 293.60 Mn
8 Cognex 9.78 Bn 9.48 Bn 190.94 Mn 77.50 Mn
9 Esco Technologies 7.93 Bn 7.83 Bn 131.32 Mn 178.03 Mn
10 Novanta - - 113.58 Mn 144.13 Mn

Historic Data

Download Data
DateValue
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