Novanta NOVT Revenue Breakdown

NASDAQ NOVT
$150.75 +7.17 (+4.99%)
As of: Oct 2, 2026 · 1:04 PM EDT
Annual revenue breakdowns for Novanta, fiscal 2012 to 2025, as reported in its filings.
Annual history

Novanta Revenue by Contract with customer end market.

Years FY 2012–2025
Lines 4
FY 2025 Total $1.96B

Robotics & Automation was Novanta’s largest region in fiscal 2025, bringing in $637.15M of $1.96B (32%).

Novanta revenue by contract with customer end market., fiscal 2012 to 2025
Contract with customer end market. FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Robotics & Automation $616.47M $546.94M $576.63M $637.15M
Advanced Surgery $365.59M $407.20M $417.51M $484.89M
Precision Manufacturing $451.71M $451.50M $404.61M $364.52M
Precision Medicine $288.04M $357.68M $499.74M $474.64M
Total $1.72B $1.76B $1.90B $1.96B
Totals include 8 discontinued lines from earlier reporting.

Novanta revenue by contract with customer end market.: what the figures show

Novanta brought in $1.96B from its four regions in fiscal 2025, the year ended December 31, 2025. That was up 3.3% from $1.90B in fiscal 2024. Robotics & Automation was the largest at $637.15M (32.5%), ahead of Advanced Surgery at $484.89M (24.7%) and Precision Medicine at $474.64M (24.2%). The remaining region, Precision Manufacturing, brought in $364.52M.

Compared with fiscal 2024, Advanced Surgery grew fastest, up 16.1% to $484.89M, while Precision Manufacturing fell the most, down 9.9% to $364.52M. From fiscal 2022 to 2025, combined revenue from these regions grew from $1.72B to $1.96B, a compound annual growth rate of 4.4%. Robotics & Automation's share of the total fell from 35.8% to 32.5%.

Annual history

Novanta Revenue by Geography

Years FY 2012–2025
Lines 6
FY 2025 Total $1.96B

United States was Novanta’s largest region in fiscal 2025, bringing in $1.04B of $1.96B (53%).

Novanta revenue by geography, fiscal 2012 to 2025
Geography FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
United States $744.69M $836.53M $974.23M $1.04B
Rest Of Europe $275.61M $274.05M $257.74M $274.81M
Germany $267.46M $256.46M $246.49M $229.29M
Rest Of Asia-Pacific $203.19M $210.70M $214.11M $194.07M
China $194.36M $146.89M $169.12M $186.40M
Other Countries $36.51M $38.69M $36.80M $38.61M
Total $1.72B $1.76B $1.90B $1.96B

Novanta revenue by geography: what the figures show

Novanta brought in $1.96B from its six regions in fiscal 2025, the year ended December 31, 2025. That was up 3.3% from $1.90B in fiscal 2024. United States was the largest at $1.04B (52.9%), ahead of Rest Of Europe at $274.81M (14.0%) and Germany at $229.29M (11.7%). The other three regions brought in $419.08M combined.

Compared with fiscal 2024, China grew fastest, up 10.2% to $186.40M, while Rest Of Asia-Pacific fell the most, down 9.4% to $194.07M. From fiscal 2022 to 2025, combined revenue from these regions grew from $1.72B to $1.96B, a compound annual growth rate of 4.4%. United States' share of the total rose from 43.3% to 52.9%.

Annual history

Novanta Revenue by Contract With Customer End Market

Years FY 2022–2025
Lines 2
FY 2025 Total $1.49B

Automation Enabling Technologies was Novanta’s largest region in fiscal 2025, bringing in $1.00B of $1.49B (67%).

Novanta revenue by contract with customer end market, fiscal 2022 to 2025
Contract With Customer End Market FY 2022 FY 2023 FY 2024 FY 2025
Automation Enabling Technologies $1.07B $998.44M $981.24M $1.00B
Medical Solutions $365.59M $407.20M $499.74M $484.89M
Total $1.43B $1.41B $1.48B $1.49B

Novanta revenue by contract with customer end market: what the figures show

Novanta brought in $1.49B from its two regions in fiscal 2025, the year ended December 31, 2025. That is less than the $1.96B it reports by contract with customer end market., so these regions do not cover all of its revenue. Automation Enabling Technologies was the largest at $1.00B (67.4%), ahead of Medical Solutions at $484.89M (32.6%).

Compared with fiscal 2024, Automation Enabling Technologies grew 2.1% to $1.00B, while Medical Solutions fell 3.0% to $484.89M.

Questions

Novanta Revenue Breakdown FAQ

How does Novanta make money?

Novanta (NOVT) reports its revenue by contract with customer end market., by geography and by contract with customer end market. In fiscal 2025, Robotics & Automation was its largest region, bringing in $637.15M (32.5% of the total), followed by Advanced Surgery at $484.89M (24.7%).

What is Novanta's largest region?

Robotics & Automation was Novanta's largest region in fiscal 2025, bringing in $637.15M, or 32.5% of the $1.96B total across its four regions.

Which Novanta region is growing the fastest?

Among Novanta's regions that make up at least 2% of revenue, Advanced Surgery grew fastest in fiscal 2025, up 16.1% from $417.51M to $484.89M.

Where does this revenue breakdown data come from?

Every figure comes from Novanta's annual financial filings, as reported. Each line keeps the name Novanta gives it, and years follow its fiscal calendar.

How far back does Novanta's revenue breakdown go?

Novanta's revenue by contract with customer end market. goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.