Novanta Inc (NOVTU) stock
NOVTUNasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends December 31Also trades as NOVT
Financials through Q2 FY2026, quarter ended Jul 3, 2026Last filing: 10-Q on Aug 5, 2026Score 11/3028% above fair value
$60.95+0.20 (+0.33%)
Close on Nov 2, 2026Market cap $5.53BP/E 93.7Yield –
Novanta gross margin
Gross margin is gross profit as a percentage of revenue.
Novanta's gross margin for the twelve months ending Jul 3, 2026 was 44.5%. For fiscal 2025 it was 44.4%, against 44.4% the year before. The highest annual figure on record is 45.7% in fiscal 2010.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 44.4% | −0.0 |
| FY2024 | Dec 31, 2024 | 44.4% | −0.9 |
| FY2023 | Dec 31, 2023 | 45.4% | +1.4 |
| FY2022 | Dec 31, 2022 | 44.0% | +1.5 |
| FY2021 | Dec 31, 2021 | 42.5% | +1.1 |
| FY2020 | Dec 31, 2020 | 41.4% | −0.5 |
| FY2019 | Dec 31, 2019 | 41.9% | −0.7 |
| FY2018 | Dec 31, 2018 | 42.6% | +0.3 |
| FY2017 | Dec 31, 2017 | 42.3% | +0.1 |
| FY2016 | Dec 31, 2016 | 42.2% | −0.0 |
| FY2015 | Dec 31, 2015 | 42.3% | +1.1 |
| FY2014 | Dec 31, 2014 | 41.2% | −0.5 |
| FY2013 | Dec 31, 2013 | 41.7% | −1.6 |
| FY2012 | Dec 31, 2012 | 43.3% | −0.5 |
| FY2011 | Dec 31, 2011 | 43.7% | −1.9 |
| FY2010 | Dec 31, 2010 | 45.7% | +6.9 |
| FY2009 | Dec 31, 2009 | 38.7% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jul 3, 2026 | 45.5% | +1.2 |
| Q1 FY2026 | Apr 3, 2026 | 44.1% | −0.6 |
| Q4 FY2025 | Dec 31, 2025 | 43.8% | −1.6 |
| Q3 FY2025 | Sep 26, 2025 | 44.8% | +0.1 |
| Q2 FY2025 | Jun 27, 2025 | 44.3% | +0.3 |
| Q1 FY2025 | Mar 28, 2025 | 44.7% | +1.2 |
| Q4 FY2024 | Dec 31, 2024 | 45.5% | −0.2 |
| Q3 FY2024 | Sep 27, 2024 | 44.7% | −1.2 |
| Q2 FY2024 | Jun 28, 2024 | 44.0% | −1.4 |
| Q1 FY2024 | Mar 29, 2024 | 43.5% | −1.1 |
| Q4 FY2023 | Dec 31, 2023 | 45.6% | +2.3 |
| Q3 FY2023 | Sep 29, 2023 | 45.9% | +1.7 |
| Q2 FY2023 | Jun 30, 2023 | 45.4% | +1.1 |
| Q1 FY2023 | Mar 31, 2023 | 44.6% | +0.3 |
| Q4 FY2022 | Dec 31, 2022 | 43.3% | +1.6 |
| Q3 FY2022 | Sep 30, 2022 | 44.1% | +1.2 |
| Q2 FY2022 | Jul 1, 2022 | 44.2% | +1.0 |
| Q1 FY2022 | Apr 1, 2022 | 44.2% | +1.9 |
| Q4 FY2021 | Dec 31, 2021 | 41.7% | −0.6 |
| Q3 FY2021 | Oct 1, 2021 | 42.9% | +1.6 |
| Q2 FY2021 | Jul 2, 2021 | 43.2% | +2.7 |
| Q1 FY2021 | Apr 2, 2021 | 42.3% | +0.8 |
| Q4 FY2020 | Dec 31, 2020 | 42.2% | +0.9 |
| Q3 FY2020 | Oct 2, 2020 | 41.4% | −0.2 |
| Q2 FY2020 | Jul 3, 2020 | 40.6% | −1.8 |
| Q1 FY2020 | Apr 3, 2020 | 41.5% | −0.7 |
| Q4 FY2019 | Dec 31, 2019 | 41.3% | −0.0 |
| Q3 FY2019 | Sep 27, 2019 | 41.6% | −1.7 |
| Q2 FY2019 | Jun 28, 2019 | 42.4% | −1.0 |
| Q1 FY2019 | Mar 29, 2019 | 42.2% | −0.1 |
| Q4 FY2018 | Dec 31, 2018 | 41.3% | −1.1 |
| Q3 FY2018 | Sep 28, 2018 | 43.3% | +3.2 |
| Q2 FY2018 | Jun 29, 2018 | 43.4% | −1.5 |
| Q1 FY2018 | Mar 30, 2018 | 42.3% | −0.0 |
| Q4 FY2017 | Dec 31, 2017 | 42.4% | −1.0 |
| Q3 FY2017 | Sep 29, 2017 | 40.1% | −2.0 |
| Q2 FY2017 | Jun 30, 2017 | 44.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 42.3% | – |
| Q4 FY2016 | Dec 31, 2016 | 43.3% | – |
| Q3 FY2016 | Sep 30, 2016 | 42.1% | – |