Novanta (NOVTU) Tax Rate (2010 - 2026)

Novanta (NOVTU) has reported Tax Rate for 17 consecutive years, with 19.94% the latest figure, recorded in Q2 2026.

• Tax Rate for Q2 2026 came in at 19.94%, up 22.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 22.79% (down 1544.0% YoY), and the FY2025 annual result was 22.71%, down 1636.0% from the prior year.
• Tax Rate was 19.94% for Q2 2026 at Novanta, up from 19.4% in the prior quarter.
• Over five years, Tax Rate peaked at 117.91% in Q4 2022 and troughed at 7.46% in Q1 2023.
• Average Tax Rate over 5 years is 33.54%, with a median of 19.7% recorded in 2024.
• Year-over-year, Tax Rate soared 6998 bps in 2022 and tumbled 7793 bps in 2025.
• Over 5 years, Tax Rate stood at 117.91% in 2022, then declined by 3 bps to 114.07% in 2023, then fell by 15 bps to 97.33% in 2024, then slumped by 80 bps to 19.4% in 2025, then increased by 3 bps to 19.94% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 19.94% in Q2 2026, 19.4% in Q4 2025, and 32.4% in Q3 2025.