Novanta (NOVTU) Deferred Taxes (2010 - 2026)

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

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

Novanta has reported Deferred Taxes for 17 years, with the latest figure at -$2.9 million in Q2 2026.

  • For the quarter ending Q2 2026, Deferred Taxes fell 20.23% year-over-year to -$2.9 million; the trailing twelve-month figure through Apr 2026 stood at -$9.3 million (up 36.01% YoY), and the FY2025 full-year result was -$8.9 million, up 44.35% from the prior year.
  • Deferred Taxes for Q2 2026 stood at -$2.9 million, down from -$2.4 million in the prior quarter.
  • The five-year high for Deferred Taxes was -$1.3 million in Q3 2025, with the low at -$5.1 million in Q2 2022.
  • Historically, Deferred Taxes has averaged -$3.6 million across 5 years, with a median of -$4.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Deferred Taxes tumbled 1722.3% — and 2025, when it jumped 69.74%.
  • Novanta's Deferred Taxes stood at -$4.0 million in 2022, then surged by 40.44% to -$2.4 million in 2023, then tumbled by 66.85% to -$4.0 million in 2024, then surged by 39.79% to -$2.4 million in 2025, then fell by 19.43% to -$2.9 million in 2026.
  • The last three Deferred Taxes figures came in at -$2.9 million (Q2 2026), -$2.4 million (Q4 2025), and -$1.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn -64.97 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn -1.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 3.30 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn -
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn -24.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn -
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 4.30 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn -4.74 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 1.79 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