Novanta (NOVTU) Deferred Taxes (2010 - 2026)

Novanta (NOVTU) posted Deferred Taxes of -$2.9 million for Q2 2026, down 19.43% quarter-over-quarter from -$2.4 million in Q4 2025, and down 20.23% year-on-year from -$3.6 million in Q2 2025.

Novanta (NOVTU) Deferred Taxes (2010 - 2026) Analysis & Trends

Novanta (NOVTU) has reported Deferred Taxes for 17 consecutive years, with -$2.9 million the latest figure, recorded in Q2 2026.

  • Deferred Taxes for Q2 2026 came in at -$2.9 million, down 20.23% year-over-year; the trailing twelve-month figure through Apr 2026 was -$9.3 million (up 36.01% YoY), and the FY2025 annual result was -$8.9 million, up 44.35% from the prior year.
  • Deferred Taxes was -$2.9 million for Q2 2026 at Novanta, down from -$2.4 million in the prior quarter.
  • Over five years, Deferred Taxes peaked at -$1.3 million in Q3 2025 and troughed at -$5.1 million in Q2 2022.
  • Average Deferred Taxes over 5 years is -$3.6 million, with a median of -$4.0 million recorded in 2023.
  • Year-over-year, Deferred Taxes sank 1722.3% in 2022 and soared 69.74% in 2025.
  • Over 5 years, Deferred Taxes stood at -$4.0 million in 2022, then surged by 40.44% to -$2.4 million in 2023, then slumped by 66.85% to -$4.0 million in 2024, then surged by 39.79% to -$2.4 million in 2025, then slipped by 19.43% to -$2.9 million in 2026.
  • Per Business Quant data, the three most recent Deferred Taxes figures were -$2.9 million in Q2 2026, -$2.4 million in Q4 2025, and -$1.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn -64.97 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn -2.88 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn -1.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn -
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn -
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 4.30 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn -4.74 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn -10.00 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 3.30 Mn
10 Novanta - - 113.58 Mn -2.88 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 -2.88 Mn
Dec 31, 2025 -2.41 Mn
Sep 26, 2025 -1.27 Mn
Jun 27, 2025 -2.78 Mn
Mar 28, 2025 -2.39 Mn
Dec 31, 2024 -4.00 Mn
Sep 27, 2024 -4.20 Mn
Jun 28, 2024 -4.00 Mn
Mar 29, 2024 -3.71 Mn
Dec 31, 2023 -2.40 Mn
Sep 29, 2023 -4.66 Mn
Jun 30, 2023 -3.97 Mn
Mar 31, 2023 -3.70 Mn
Dec 31, 2022 -4.03 Mn
Sep 30, 2022 -5.12 Mn
Jul 1, 2022 -4.36 Mn
Apr 1, 2022 -5.14 Mn
Dec 31, 2021 -881,000.00
Oct 1, 2021 -2.37 Mn
Jul 2, 2021 269,000.00