Novanta (NOVTU) Inventory Average (2011 - 2026)
Novanta (NOVTU) reported Inventory Average of $94.6 million for Q2 2026, up 29.71% on a YoY basis from $72.9 million in Q2 2025, and little changed quarter-over-quarter from $94.4 million in Q4 2025.
Novanta (NOVTU) Inventory Average (2011 - 2026) Analysis & Trends
Novanta has reported Inventory Average for 16 years, with the latest figure at $94.6 million in Q2 2026.
- For the quarter ending Q2 2026, Inventory Average rose 29.71% year-over-year to $94.6 million; the trailing twelve-month figure through Apr 2026 stood at $94.6 million (up 29.71% YoY), and the FY2025 full-year result was $94.3 million, up 24431.34% from the prior year.
- Inventory Average for Q2 2026 stood at $94.6 million, roughly flat from $94.4 million in the prior quarter.
- The five-year high for Inventory Average was $158.3 million in Q3 2022, with the low at $383000.0 in Q3 2023.
- Historically, Inventory Average has averaged $84.9 million across 5 years, with a median of $83.5 million in 2023.
- Annual changes were most pronounced in 2023 — Inventory Average tumbled 99.76% — and 2024, when it soared 40900.39%.
- Novanta's Inventory Average stood at $81.7 million in 2022, then plunged by 99.52% to $393500.0 in 2023, then soared by 19516.65% to $77.2 million in 2024, then climbed by 22.28% to $94.4 million in 2025, then rose by 0.17% to $94.6 million in 2026.
- The last three Inventory Average figures came in at $94.6 million (Q2 2026), $94.4 million (Q4 2025), and $84.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 1.99 Bn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 1.05 Bn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 1.81 Bn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 1.08 Bn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 935.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 298.65 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 187.15 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 136.72 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 232.12 Mn |
| 10 | Novanta | - | - | 113.58 Mn | 94.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 94.55 Mn |
| Dec 31, 2025 | 94.39 Mn |
| Sep 26, 2025 | 84.28 Mn |
| Jun 27, 2025 | 156.75 Mn |
| Mar 28, 2025 | 72.90 Mn |
| Dec 31, 2024 | 77.19 Mn |
| Sep 27, 2024 | 157.03 Mn |
| Jun 28, 2024 | 80.21 Mn |
| Mar 29, 2024 | 389,500.00 |
| Dec 31, 2023 | 393,500.00 |
| Sep 29, 2023 | 383,000.00 |
| Jun 30, 2023 | 83.53 Mn |
| Mar 31, 2023 | 83.66 Mn |
| Dec 31, 2022 | 81.72 Mn |
| Sep 30, 2022 | 158.35 Mn |
| Jul 1, 2022 | 146.53 Mn |
| Apr 1, 2022 | 70.35 Mn |
| Dec 31, 2021 | 1.66 Mn |
| Oct 1, 2021 | 48.38 Mn |
| Jul 2, 2021 | 92.46 Mn |