Novanta (NOVTU) Gross Profit (2010 - 2026)

Novanta (NOVTU) reported Gross Profit of $113.6 million for Q2 2026, up 8.84% on a YoY basis from $104.4 million in Q2 2025, and little changed quarter-over-quarter from $113.3 million in Q4 2025.

Novanta (NOVTU) Gross Profit (2010 - 2026) Analysis & Trends

Novanta has reported Gross Profit for 17 years, with the latest figure at $113.6 million in Q2 2026.

  • For the quarter ending Q2 2026, Gross Profit rose 8.84% year-over-year to $113.6 million; the trailing twelve-month figure through Apr 2026 stood at $444.5 million (up 4.47% YoY), and the FY2025 full-year result was $435.3 million, up 3.26% from the prior year.
  • Gross Profit for Q2 2026 stood at $113.6 million, roughly flat from $113.3 million in the prior quarter.
  • The five-year high for Gross Profit was $113.6 million in Q2 2026, with the low at $90.3 million in Q2 2022.
  • Historically, Gross Profit has averaged $102.9 million across 5 years, with a median of $103.7 million in 2024.
  • Annual changes were most pronounced in 2022 — Gross Profit soared 31.54% — and 2024, when it dropped 0.42%.
  • Novanta's Gross Profit stood at $94.5 million in 2022, then advanced by 2.13% to $96.6 million in 2023, then gained by 12.09% to $108.2 million in 2024, then advanced by 4.66% to $113.3 million in 2025, then advanced by 0.28% to $113.6 million in 2026.
  • The last three Gross Profit figures came in at $113.6 million (Q2 2026), $113.3 million (Q4 2025), and $110.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn
10 Novanta - - 113.58 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 113.58 Mn
Apr 3, 2026 113.58 Mn
Dec 31, 2025 113.26 Mn
Dec 31, 2025 113.26 Mn
Sep 26, 2025 110.92 Mn
Sep 26, 2025 110.92 Mn
Jun 27, 2025 106.75 Mn
Jun 27, 2025 106.75 Mn
Mar 28, 2025 104.35 Mn
Mar 28, 2025 104.35 Mn
Dec 31, 2024 108.23 Mn
Dec 31, 2024 108.23 Mn
Sep 27, 2024 109.22 Mn
Sep 27, 2024 109.22 Mn
Jun 28, 2024 103.69 Mn
Jun 28, 2024 103.69 Mn
Mar 29, 2024 100.42 Mn
Mar 29, 2024 100.42 Mn
Dec 31, 2023 96.56 Mn
Dec 31, 2023 96.56 Mn