Novanta (NOVTU) Gross Margin (2010 - 2026)
Novanta (NOVTU) recorded Gross Margin of 45.49% in Q2 2026, up 1.21 percentage points from 44.28% a year earlier and up 1.42 percentage points from the prior quarter.
Powered by 
Analysis
Novanta (NOVTU) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Novanta's Gross Margin came in at 44.54% as of Jul 3, 2026, down 0.24 percentage points year-over-year; for FY2025, it was 44.39%, down 0.02 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +2.99 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 44.41% in FY2024 (-0.95 pp), 45.36% in FY2023 (+1.39 pp), 43.96% in FY2022 (+1.47 pp) and 42.49% in FY2021 (+1.09 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q4 2023.
- On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of -0.10 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.34 percentage points in Q4 2023, against a drop of 1.62 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 44.07% (Q1 2026), 43.84% (Q4 2025) and 44.76% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 45.49% |
| Apr 3, 2026 | 44.07% |
| Dec 31, 2025 | 43.84% |
| Sep 26, 2025 | 44.76% |
| Jun 27, 2025 | 44.28% |
| Mar 28, 2025 | 44.72% |
| Dec 31, 2024 | 45.46% |
| Sep 27, 2024 | 44.69% |
| Jun 28, 2024 | 43.96% |
| Mar 29, 2024 | 43.49% |
| Dec 31, 2023 | 45.64% |
| Sep 29, 2023 | 45.86% |
| Jun 30, 2023 | 45.38% |
| Mar 31, 2023 | 44.55% |
| Dec 31, 2022 | 43.29% |
| Sep 30, 2022 | 44.14% |
| Jul 1, 2022 | 44.23% |
| Apr 1, 2022 | 44.21% |
| Dec 31, 2021 | 41.66% |
| Oct 1, 2021 | 42.93% |
API Access
Novanta Gross Margin 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=gross-margin&ticker=NOVTU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=NOVTU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();