Novanta (NOVTU) Work In Process (2011 - 2026)

Novanta has reported Work In Process for 16 years, with the latest figure at $38.1 million in Q2 2026.

• For the quarter ending Q2 2026, Work In Process rose 61.4% year-over-year to $38.1 million; the trailing twelve-month figure through Apr 2026 stood at $38.1 million (up 61.4% YoY), and the FY2025 full-year result was $32.5 million, up 31.39% from the prior year.
• Work In Process for Q2 2026 stood at $38.1 million, up from $32.5 million in the prior quarter.
• The five-year high for Work In Process was $38.1 million in Q2 2026, with the low at $21.0 million in Q4 2023.
• Historically, Work In Process has averaged $25.8 million across 5 years, with a median of $24.5 million in 2024.
• Annual changes were most pronounced in 2023 — Work In Process declined 18.26% — and 2026, when it soared 61.4%.
• Novanta's Work In Process stood at $23.3 million in 2022, then fell by 9.94% to $21.0 million in 2023, then grew by 17.65% to $24.7 million in 2024, then surged by 31.39% to $32.5 million in 2025, then gained by 17.22% to $38.1 million in 2026.
• The last three Work In Process figures came in at $38.1 million (Q2 2026), $32.5 million (Q4 2025), and $31.0 million (Q3 2025), per Business Quant data.