Novanta (NOVTU) Operating Expenses (2010 - 2026)

Novanta (NOVTU) posted Operating Expenses of $86.0 million for Q2 2026, down 2.7% quarter-over-quarter from $88.4 million in Q4 2025, and up 19.61% year-on-year from $71.9 million in Q2 2025.

Novanta (NOVTU) Operating Expenses (2010 - 2026) Analysis & Trends

Novanta (NOVTU) has reported Operating Expenses for 17 consecutive years, with $86.0 million the latest figure, recorded in Q2 2026.

  • Operating Expenses for Q2 2026 came in at $86.0 million, up 19.61% year-over-year; the trailing twelve-month figure through Apr 2026 was $355.4 million (up 15.35% YoY), and the FY2025 annual result was $341.3 million, up 9.75% from the prior year.
  • Operating Expenses was $86.0 million for Q2 2026 at Novanta, down from $88.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $91.8 million in Q2 2025 and troughed at $66.0 million in Q2 2022.
  • Average Operating Expenses over 5 years is $76.7 million, with a median of $74.8 million recorded in 2024.
  • Year-over-year, Operating Expenses climbed 27.55% in 2022 and slipped 3.84% in 2025.
  • Over 5 years, Operating Expenses stood at $67.7 million in 2022, then rose by 10.6% to $74.9 million in 2023, then gained by 8.87% to $81.5 million in 2024, then gained by 8.48% to $88.4 million in 2025, then retreated by 2.7% to $86.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $86.0 million in Q2 2026, $88.4 million in Q4 2025, and $89.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.62 Bn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 86.04 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 1.35 Bn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 1.27 Bn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 483.80 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 502.30 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 131.07 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 793.20 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 610.62 Mn
10 Novanta - - 113.58 Mn 86.04 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 86.04 Mn
Dec 31, 2025 88.43 Mn
Sep 26, 2025 89.07 Mn
Jun 27, 2025 91.84 Mn
Mar 28, 2025 71.93 Mn
Dec 31, 2024 81.52 Mn
Sep 27, 2024 76.66 Mn
Jun 28, 2024 77.97 Mn
Mar 29, 2024 74.81 Mn
Dec 31, 2023 74.88 Mn
Sep 29, 2023 71.28 Mn
Jun 30, 2023 71.93 Mn
Mar 31, 2023 71.32 Mn
Dec 31, 2022 67.70 Mn
Sep 30, 2022 69.75 Mn
Jul 1, 2022 71.95 Mn
Apr 1, 2022 65.99 Mn
Dec 31, 2021 61.20 Mn
Oct 1, 2021 61.02 Mn
Jul 2, 2021 56.41 Mn