Novanta (NOVTU) Net Income (2010 - 2026)
Novanta (NOVTU) reported Net Income of $21.1 million for Q2 2026, down 0.51% on a YoY basis from $21.2 million in Q2 2025, and up 20.77% quarter-over-quarter from $17.5 million in Q4 2025.
Novanta (NOVTU) Net Income (2010 - 2026) Analysis & Trends
Novanta has reported Net Income for 17 years, with the latest figure at $21.1 million in Q2 2026.
- For the quarter ending Q2 2026, Net Income fell 0.51% year-over-year to $21.1 million; the trailing twelve-month figure through Apr 2026 stood at $53.7 million (down 1.81% YoY), and the FY2025 full-year result was $53.8 million, up 11.73% from the prior year.
- Net Income for Q2 2026 stood at $21.1 million, up from $17.5 million in the prior quarter.
- The five-year high for Net Income was $22.5 million in Q3 2022, with the low at -$3.4 million in Q4 2022.
- Historically, Net Income has averaged $13.9 million across 5 years, with a median of $17.5 million in 2022.
- Annual changes were most pronounced in 2022 — Net Income sank 134.58% — and 2025, when it jumped 3047.93%.
- Novanta's Net Income stood at -$3.4 million in 2022, then jumped by 34.7% to -$2.2 million in 2023, then surged by 125.06% to $555000.0 in 2024, then jumped by 3047.93% to $17.5 million in 2025, then gained by 20.77% to $21.1 million in 2026.
- The last three Net Income figures came in at $21.1 million (Q2 2026), $17.5 million (Q4 2025), and $10.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 181.67 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 281.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 405.08 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 226.80 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 84.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | - |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 98.90 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 51.70 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 1.18 Mn |
| 10 | Novanta | - | - | 113.58 Mn | 21.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 21.10 Mn |
| Dec 31, 2025 | 17.47 Mn |
| Sep 26, 2025 | 10.65 Mn |
| Jun 27, 2025 | 4.50 Mn |
| Mar 28, 2025 | 21.21 Mn |
| Dec 31, 2024 | 555,000.00 |
| Sep 27, 2024 | 19.19 Mn |
| Jun 28, 2024 | 13.76 Mn |
| Mar 29, 2024 | 14.68 Mn |
| Dec 31, 2023 | -2.22 Mn |
| Sep 29, 2023 | 21.22 Mn |
| Jun 30, 2023 | 20.88 Mn |
| Mar 31, 2023 | 18.27 Mn |
| Dec 31, 2022 | -3.39 Mn |
| Sep 30, 2022 | 22.49 Mn |
| Jul 1, 2022 | 17.48 Mn |
| Apr 1, 2022 | 18.82 Mn |
| Dec 31, 2021 | 9.81 Mn |
| Oct 1, 2021 | 13.60 Mn |
| Jul 2, 2021 | 11.66 Mn |