Novanta (NOVTU) Tax Provisions (2010 - 2026)
Novanta (NOVTU) posted Tax Provisions of $5.3 million for Q2 2026, up 24.94% quarter-over-quarter from $4.2 million in Q4 2025, and up 0.86% year-on-year from $5.2 million in Q2 2025.
Novanta (NOVTU) Tax Provisions (2010 - 2026) Analysis & Trends
Novanta (NOVTU) has reported Tax Provisions for 17 consecutive years, with $5.3 million the latest figure, recorded in Q2 2026.
- Tax Provisions for Q2 2026 came in at $5.3 million, up 0.86% year-over-year; the trailing twelve-month figure through Apr 2026 was $15.9 million (down 53.16% YoY), and the FY2025 annual result was $15.8 million, down 48.81% from the prior year.
- Tax Provisions was $5.3 million for Q2 2026 at Novanta, up from $4.2 million in the prior quarter.
- Over five years, Tax Provisions peaked at $22.3 million in Q4 2022 and troughed at $1.3 million in Q2 2025.
- Average Tax Provisions over 5 years is $6.4 million, with a median of $4.3 million recorded in 2022.
- Year-over-year, Tax Provisions jumped 5809.33% in 2022 and slumped 79.22% in 2025.
- Over 5 years, Tax Provisions stood at $22.3 million in 2022, then decreased by 19.55% to $18.0 million in 2023, then advanced by 12.69% to $20.2 million in 2024, then plunged by 79.22% to $4.2 million in 2025, then climbed by 24.94% to $5.3 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $5.3 million in Q2 2026, $4.2 million in Q4 2025, and $5.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 2.67 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 5.26 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | -83.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 51.90 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 27.20 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 32.40 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 10.05 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 28.40 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 67.45 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 |