Novanta NOVT Revenue Breakdown

NASDAQ NOVT
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At close: Oct 22, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Novanta, fiscal 2010 to 2025, as reported in its filings.
Annual history

Novanta Revenue by Geography

Years FY 2010–2025
Lines 6
FY 2025 Total $980.60M

United States was Novanta’s largest region in fiscal 2025, bringing in $519.01M of $980.60M (53%).

Novanta revenue by geography, fiscal 2010 to 2025
Geography FY 2010 FY 2011 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 $372.35M $418.27M $487.11M $519.01M
Rest Of Europe $137.80M $137.03M $128.87M $137.41M
Rest Of Asia-Pacific $101.60M $105.35M $107.05M $97.03M
Germany $133.73M $128.23M $123.24M $114.65M
China $97.18M $73.44M $84.56M $93.20M
Other Countries $18.25M $19.35M $18.40M $19.31M
Total $860.90M $881.66M $949.25M $980.60M
Totals include 4 discontinued lines from earlier reporting.

Novanta revenue by geography: what the figures show

Novanta brought in $980.60M from its six regions in fiscal 2025, the year ended December 31, 2025. That was up 3.3% from $949.25M in fiscal 2024. United States was the largest at $519.01M (52.9%), ahead of Rest Of Europe at $137.41M (14.0%) and Germany at $114.65M (11.7%). The other three regions brought in $209.54M combined.

Compared with fiscal 2024, China grew fastest, up 10.2% to $93.20M, while Rest Of Asia-Pacific fell the most, down 9.4% to $97.03M. From fiscal 2022 to 2025, combined revenue from these regions grew from $860.90M to $980.60M, 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 Segment

Years FY 2012–2025
Lines 4
FY 2025 Total $980.60M

Robotics & Automation was Novanta’s largest segment in fiscal 2025, bringing in $318.58M of $980.60M (32%).

Novanta revenue by segment, fiscal 2012 to 2025
Segment 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 $308.24M $273.47M $288.32M $318.58M
Advanced Surgery $182.80M $203.60M $208.75M $242.44M
Precision Manufacturing $225.85M $225.75M $202.30M $182.26M
Precision Medicine $144.02M $178.84M $249.87M $237.32M
Total $860.90M $881.66M $949.25M $980.60M
Totals include 8 discontinued lines from earlier reporting.

Novanta revenue by segment: what the figures show

Novanta brought in $980.60M from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 3.3% from $949.25M in fiscal 2024. Robotics & Automation was the largest at $318.58M (32.5%), ahead of Advanced Surgery at $242.44M (24.7%) and Precision Medicine at $237.32M (24.2%). The remaining segment, Precision Manufacturing, brought in $182.26M.

Compared with fiscal 2024, Advanced Surgery grew fastest, up 16.1% to $242.44M, while Precision Manufacturing fell the most, down 9.9% to $182.26M. From fiscal 2022 to 2025, combined revenue from these segments grew from $860.90M to $980.60M, 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 Contract with customer end market.

Years FY 2022–2025
Lines 2
FY 2025 Total $980.60M

Automation Enabling Technologies was Novanta’s largest region in fiscal 2025, bringing in $500.84M of $980.60M (51%).

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 $534.09M $499.22M $490.62M $500.84M
Medical Solutions $326.81M $382.44M $458.63M $479.77M
Total $860.90M $881.66M $949.25M $980.60M

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

Novanta brought in $980.60M from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 3.3% from $949.25M in fiscal 2024. Automation Enabling Technologies was the largest at $500.84M (51.1%), ahead of Medical Solutions at $479.77M (48.9%).

Compared with fiscal 2024, Medical Solutions grew 4.6% to $479.77M and Automation Enabling Technologies grew 2.1% to $500.84M. From fiscal 2022 to 2025, combined revenue from these regions grew from $860.90M to $980.60M, a compound annual growth rate of 4.4%. Automation Enabling Technologies' share of the total fell from 62.0% to 51.1%.

Questions

Novanta Revenue Breakdown FAQ

How does Novanta make money?

Novanta (NOVT) reports its revenue by geography, by segment and by contract with customer end market.. In fiscal 2025, United States was its largest region, bringing in $519.01M (52.9% of the total), followed by Rest Of Europe at $137.41M (14.0%).

What is Novanta's largest region?

United States was Novanta's largest region in fiscal 2025, bringing in $519.01M, or 52.9% of the $980.60M total across its six regions.

What is Novanta's largest segment?

Robotics & Automation was Novanta's largest segment in fiscal 2025, bringing in $318.58M, or 32.5% of the $980.60M total across its four segments.

Which Novanta region is growing the fastest?

Among Novanta's regions that make up at least 2% of revenue, China grew fastest in fiscal 2025, up 10.2% from $84.56M to $93.20M.

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 geography goes back to fiscal 2010, 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.