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 r&d expenses
Research and development expenses are spending on new products and technology.
Novanta's R&D Expenses for the twelve months ending Jul 3, 2026 was $94.18M, down 3.0% year over year. For fiscal 2025 it was $95.48M, down 0.0% from the year before. Over ten years it grew 11.9% a year on average. The highest annual figure on record is $95.52M in fiscal 2024.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $95.48M | -0.0% |
| FY2024 | Dec 31, 2024 | $95.52M | +4.2% |
| FY2023 | Dec 31, 2023 | $91.68M | +6.9% |
| FY2022 | Dec 31, 2022 | $85.77M | +18.3% |
| FY2021 | Dec 31, 2021 | $72.52M | +18.9% |
| FY2020 | Dec 31, 2020 | $61.00M | +9.0% |
| FY2019 | Dec 31, 2019 | $55.97M | +9.7% |
| FY2018 | Dec 31, 2018 | $51.02M | +22.4% |
| FY2017 | Dec 31, 2017 | $41.67M | +30.2% |
| FY2016 | Dec 31, 2016 | $32.00M | +3.1% |
| FY2015 | Dec 31, 2015 | $31.04M | +7.2% |
| FY2014 | Dec 31, 2014 | $28.95M | +21.7% |
| FY2013 | Dec 31, 2013 | $23.79M | +28.4% |
| FY2012 | Dec 31, 2012 | $18.53M | -21.0% |
| FY2011 | Dec 31, 2011 | $23.45M | +5.2% |
| FY2010 | Dec 31, 2010 | $22.30M | -21.1% |
| FY2009 | Dec 31, 2009 | $28.25M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jul 3, 2026 | $23.97M | -5.2% |
| Q1 FY2026 | Apr 3, 2026 | $23.25M | +0.1% |
| Q4 FY2025 | Dec 31, 2025 | $22.87M | -9.6% |
| Q3 FY2025 | Sep 26, 2025 | $24.09M | +3.6% |
| Q2 FY2025 | Jun 27, 2025 | $25.29M | +6.6% |
| Q1 FY2025 | Mar 28, 2025 | $23.24M | -0.0% |
| Q4 FY2024 | Dec 31, 2024 | $25.29M | +7.8% |
| Q3 FY2024 | Sep 27, 2024 | $23.25M | +5.6% |
| Q2 FY2024 | Jun 28, 2024 | $23.73M | +1.5% |
| Q1 FY2024 | Mar 29, 2024 | $23.25M | +1.8% |
| Q4 FY2023 | Dec 31, 2023 | $23.45M | +7.1% |
| Q3 FY2023 | Sep 29, 2023 | $22.02M | +3.2% |
| Q2 FY2023 | Jun 30, 2023 | $23.38M | +8.3% |
| Q1 FY2023 | Mar 31, 2023 | $22.83M | +9.1% |
| Q4 FY2022 | Dec 31, 2022 | $21.90M | +12.8% |
| Q3 FY2022 | Sep 30, 2022 | $21.35M | +22.2% |
| Q2 FY2022 | Jul 1, 2022 | $21.59M | +27.3% |
| Q1 FY2022 | Apr 1, 2022 | $20.93M | +12.0% |
| Q4 FY2021 | Dec 31, 2021 | $19.42M | +21.4% |
| Q3 FY2021 | Oct 1, 2021 | $17.47M | +14.7% |
| Q2 FY2021 | Jul 2, 2021 | $16.95M | +17.4% |
| Q1 FY2021 | Apr 2, 2021 | $18.68M | +21.8% |
| Q4 FY2020 | Dec 31, 2020 | $15.99M | +8.3% |
| Q3 FY2020 | Oct 2, 2020 | $15.23M | +10.3% |
| Q2 FY2020 | Jul 3, 2020 | $14.44M | +7.9% |
| Q1 FY2020 | Apr 3, 2020 | $15.33M | +9.6% |
| Q4 FY2019 | Dec 31, 2019 | $14.77M | +11.2% |
| Q3 FY2019 | Sep 27, 2019 | $13.81M | +4.6% |
| Q2 FY2019 | Jun 28, 2019 | $13.39M | +6.7% |
| Q1 FY2019 | Mar 29, 2019 | $14.00M | +16.7% |
| Q4 FY2018 | Dec 31, 2018 | $13.28M | +12.6% |
| Q3 FY2018 | Sep 28, 2018 | $13.20M | +13.3% |
| Q2 FY2018 | Jun 29, 2018 | $12.55M | +39.4% |
| Q1 FY2018 | Mar 30, 2018 | $11.99M | +30.1% |
| Q4 FY2017 | Dec 31, 2017 | $11.80M | +47.9% |
| Q3 FY2017 | Sep 29, 2017 | $11.66M | +46.5% |
| Q2 FY2017 | Jun 30, 2017 | $9.00M | – |
| Q1 FY2017 | Mar 31, 2017 | $9.22M | – |
| Q4 FY2016 | Dec 31, 2016 | $7.97M | – |
| Q3 FY2016 | Sep 30, 2016 | $7.96M | – |