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| Date | Value |
|---|---|
| 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 |