NOVANTA INCNOVTEarnings & Financial Report
Novanta Inc is a global technology supplier delivering high-precision photonics, motion control, and machine vision solutions. It serves core segments including medical equipment manufacturing, advanced industrial automation, robotics, and life sciences, helping customers boost product performance and drive innovation worldwide.
NOVT Q1 FY2026 Key Financial Metrics
Revenue
$257.7M
Gross Profit
$113.6M
Operating Profit
$27.5M
Net Profit
$21.1M
Gross Margin
44.1%
Operating Margin
10.7%
Net Margin
8.2%
YoY Growth
10.4%
EPS
$0.51
NOVANTA INC Q1 FY2026 Financial Summary
NOVANTA INC reported revenue of $257.7M (up 10.4% YoY) for Q1 FY2026, with a net profit of $21.1M (down 0.5% YoY) (8.2% margin). Cost of goods sold was $144.1M, operating expenses totaled $86.1M.
Key Financial Metrics
| Total Revenue | $257.7M |
|---|---|
| Net Profit | $21.1M |
| Gross Margin | 44.1% |
| Operating Margin | 10.7% |
| Report Period | Q1 FY2026 |
NOVANTA INC Annual Revenue by Year
NOVANTA INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $980.6M).
NOVANTA INC Quarterly Revenue & Net Profit History
NOVANTA INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $257.7M | +10.4% | $21.1M | 8.2% |
| Q4 FY2025 | $258.3M | +8.5% | $17.5M | 6.8% |
| Q3 FY2025 | $247.8M | +1.4% | $10.7M | 4.3% |
| Q2 FY2025 | $241.0M | +2.2% | $4.5M | 1.9% |
| Q1 FY2025 | $233.4M | +1.1% | $21.2M | 9.1% |
| Q4 FY2024 | $238.1M | +12.5% | $16.5M | 6.9% |
| Q3 FY2024 | $244.4M | +10.3% | $19.2M | 7.9% |
| Q2 FY2024 | $235.9M | +2.8% | $13.8M | 5.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $235.9M | $244.4M | $238.1M | $233.4M | $241.0M | $247.8M | $258.3M | $257.7M |
| YoY Growth | 2.8% | 10.3% | 12.5% | 1.1% | 2.2% | 1.4% | 8.5% | 10.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.40B | $1.42B | $1.39B | $1.39B | $1.51B | $1.51B | $1.81B | $1.80B |
| Liabilities | $696.6M | $676.6M | $642.8M | $615.7M | $709.6M | $704.3M | $492.8M | $488.0M |
| Equity | $702.0M | $742.2M | $745.7M | $769.8M | $801.4M | $801.5M | $1.31B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $41.1M | $23.0M | $61.6M | $31.7M | $15.1M | $8.5M | $8.8M | $51.6M |