Novanta (NOVTU) Inventory Average (2011 - 2026)
Novanta (NOVTU) posted Inventory Average of $94.6 million for Q2 2026, little changed quarter-over-quarter from $94.4 million in Q4 2025, and up 29.71% year-on-year from $72.9 million in Q2 2025.
Novanta (NOVTU) Inventory Average (2011 - 2026) Analysis & Trends
Novanta (NOVTU) has reported Inventory Average for 16 consecutive years, with $94.6 million the latest figure, recorded in Q2 2026.
- Inventory Average for Q2 2026 came in at $94.6 million, up 29.71% year-over-year; the trailing twelve-month figure through Apr 2026 was $94.6 million (up 29.71% YoY), and the FY2025 annual result was $94.3 million, up 24431.34% from the prior year.
- Inventory Average was $94.6 million for Q2 2026 at Novanta, roughly flat from $94.4 million in the prior quarter.
- Over five years, Inventory Average peaked at $158.3 million in Q3 2022 and troughed at $383000.0 in Q3 2023.
- Average Inventory Average over 5 years is $84.9 million, with a median of $83.5 million recorded in 2023.
- Year-over-year, Inventory Average sank 99.76% in 2023 and surged 40900.39% in 2024.
- Over 5 years, Inventory Average stood at $81.7 million in 2022, then tumbled by 99.52% to $393500.0 in 2023, then soared by 19516.65% to $77.2 million in 2024, then rose by 22.28% to $94.4 million in 2025, then climbed by 0.17% to $94.6 million in 2026.
- Per Business Quant data, the three most recent Inventory Average figures were $94.6 million in Q2 2026, $94.4 million in Q4 2025, and $84.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.99 Bn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 94.55 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 1.05 Bn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 1.08 Bn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 298.65 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 187.15 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 136.72 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 611.80 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 1.81 Bn |
| 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 |