Novanta (NOVTU) Research & Development (2010 - 2026)

Novanta has reported Research & Development for 17 years, with the latest figure at $23.3 million in Q2 2026.

• For the quarter ending Q2 2026, Research & Development changed 0.06% year-over-year to $23.3 million; the trailing twelve-month figure through Apr 2026 stood at $95.5 million (changed 0.01% YoY), and the FY2025 full-year result was $95.5 million, changed 0.03% from the prior year.
• Research & Development for Q2 2026 stood at $23.3 million, up from $22.9 million in the prior quarter.
• The five-year high for Research & Development was $25.3 million in Q2 2025, with the low at $20.9 million in Q2 2022.
• Historically, Research & Development has averaged $23.0 million across 5 years, with a median of $23.2 million in 2024.
• Annual changes were most pronounced in 2022 — Research & Development increased 27.33% — and 2025, when it fell 9.56%.
• Novanta's Research & Development stood at $21.9 million in 2022, then gained by 7.07% to $23.5 million in 2023, then advanced by 7.82% to $25.3 million in 2024, then slipped by 9.56% to $22.9 million in 2025, then grew by 1.68% to $23.3 million in 2026.
• The last three Research & Development figures came in at $23.3 million (Q2 2026), $22.9 million (Q4 2025), and $24.1 million (Q3 2025), per Business Quant data.