Novanta (NOVTU) Tax Provisions (2010 - 2026)
Novanta (NOVTU) reported Tax Provisions of $5.3 million for Q2 2026, up 0.86% on a YoY basis from $5.2 million in Q2 2025, and up 24.94% quarter-over-quarter from $4.2 million in Q4 2025.
Novanta (NOVTU) Tax Provisions (2010 - 2026) Analysis & Trends
Novanta has reported Tax Provisions for 17 years, with the latest figure at $5.3 million in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 0.86% year-over-year to $5.3 million; the trailing twelve-month figure through Apr 2026 stood at $15.9 million (down 53.16% YoY), and the FY2025 full-year result was $15.8 million, down 48.81% from the prior year.
- Tax Provisions for Q2 2026 stood at $5.3 million, up from $4.2 million in the prior quarter.
- The five-year high for Tax Provisions was $22.3 million in Q4 2022, with the low at $1.3 million in Q2 2025.
- Historically, Tax Provisions has averaged $6.4 million across 5 years, with a median of $4.3 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 5809.33% — and 2025, when it plunged 79.22%.
- Novanta's Tax Provisions stood at $22.3 million in 2022, then declined by 19.55% to $18.0 million in 2023, then increased by 12.69% to $20.2 million in 2024, then sank by 79.22% to $4.2 million in 2025, then rose by 24.94% to $5.3 million in 2026.
- The last three Tax Provisions figures came in at $5.3 million (Q2 2026), $4.2 million (Q4 2025), and $5.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 2.67 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | -83.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 67.45 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 51.90 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 18.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 27.20 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 32.40 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 10.05 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 10.31 Mn |
| 10 | Novanta | - | - | 113.58 Mn | 5.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 5.26 Mn |
| Dec 31, 2025 | 4.21 Mn |
| Sep 26, 2025 | 5.11 Mn |
| Jun 27, 2025 | 1.29 Mn |
| Mar 28, 2025 | 5.21 Mn |
| Dec 31, 2024 | 20.24 Mn |
| Sep 27, 2024 | 5.03 Mn |
| Jun 28, 2024 | 3.38 Mn |
| Mar 29, 2024 | 2.24 Mn |
| Dec 31, 2023 | 17.96 Mn |
| Sep 29, 2023 | 1.77 Mn |
| Jun 30, 2023 | 4.39 Mn |
| Mar 31, 2023 | 1.47 Mn |
| Dec 31, 2022 | 22.33 Mn |
| Sep 30, 2022 | 4.28 Mn |
| Jul 1, 2022 | 3.28 Mn |
| Apr 1, 2022 | 1.88 Mn |
| Dec 31, 2021 | 9.03 Mn |
| Oct 1, 2021 | -75,000.00 |
| Jul 2, 2021 | 2.78 Mn |