Novanta (NOVTU) Research & Development (2010 - 2026)
Novanta (NOVTU) recorded Research & Development of $23.97 million in Q2 2026, down 5.2% from $25.29 million a year earlier but up 3.1% from the prior quarter.
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Analysis
Novanta (NOVTU) Research & Development (2010 - 2026) Analysis & Trends
On a TTM basis, Novanta's Research & Development came in at $94.18 million as of Jul 3, 2026, down 3.0% year-over-year; for FY2025, it came in at $95.48 million, unchanged from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $95.52 million in FY2024 (+4.2%), $91.68 million in FY2023 (+6.9%), $85.77 million in FY2022 (+18.3%) and $72.52 million in FY2021 (+18.9%).
- Quarterly Research & Development has ranged from $17.47 million in Q3 2021 to $25.29 million in Q2 2025 over the past five years.
- On a year-over-year basis, Research & Development rose in five of the last eight quarters, with growth averaging 1.1%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 27.3% in Q2 2022, against a decline of 9.6% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $23.25 million (Q1 2026), $22.87 million (Q4 2025) and $24.09 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 23.97 Mn |
| Apr 3, 2026 | 23.25 Mn |
| Dec 31, 2025 | 22.87 Mn |
| Sep 26, 2025 | 24.09 Mn |
| Jun 27, 2025 | 25.29 Mn |
| Mar 28, 2025 | 23.24 Mn |
| Dec 31, 2024 | 25.29 Mn |
| Sep 27, 2024 | 23.25 Mn |
| Jun 28, 2024 | 23.73 Mn |
| Mar 29, 2024 | 23.25 Mn |
| Dec 31, 2023 | 23.45 Mn |
| Sep 29, 2023 | 22.02 Mn |
| Jun 30, 2023 | 23.38 Mn |
| Mar 31, 2023 | 22.83 Mn |
| Dec 31, 2022 | 21.90 Mn |
| Sep 30, 2022 | 21.35 Mn |
| Jul 1, 2022 | 21.59 Mn |
| Apr 1, 2022 | 20.93 Mn |
| Dec 31, 2021 | 19.42 Mn |
| Oct 1, 2021 | 17.47 Mn |
API Access
Novanta Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NOVTU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NOVTU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NOVTU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();