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Side-by-side financial comparison of NOVANTA INC (NOVT) and OneStream, Inc. (OS). Click either name above to swap in a different company.

NOVANTA INC is the larger business by last-quarter revenue ($258.3M vs $163.7M, roughly 1.6× OneStream, Inc.). NOVANTA INC runs the higher net margin — 6.8% vs 0.6%, a 6.2% gap on every dollar of revenue. On growth, OneStream, Inc. posted the faster year-over-year revenue change (23.6% vs 8.5%). OneStream, Inc. produced more free cash flow last quarter ($25.6M vs $5.1M). Over the past eight quarters, OneStream, Inc.'s revenue compounded faster (21.8% CAGR vs 5.8%).

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.

Blue Stream provides cable television, cable telephone, DVR, and up to 1 GIG Internet speed broadband services to customers in the Florida communities of Coral Springs and Weston.

NOVT vs OS — Head-to-Head

Bigger by revenue
NOVT
NOVT
1.6× larger
NOVT
$258.3M
$163.7M
OS
Growing faster (revenue YoY)
OS
OS
+15.1% gap
OS
23.6%
8.5%
NOVT
Higher net margin
NOVT
NOVT
6.2% more per $
NOVT
6.8%
0.6%
OS
More free cash flow
OS
OS
$20.5M more FCF
OS
$25.6M
$5.1M
NOVT
Faster 2-yr revenue CAGR
OS
OS
Annualised
OS
21.8%
5.8%
NOVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NOVT
NOVT
OS
OS
Revenue
$258.3M
$163.7M
Net Profit
$17.5M
$999.0K
Gross Margin
43.8%
69.8%
Operating Margin
9.6%
-3.2%
Net Margin
6.8%
0.6%
Revenue YoY
8.5%
23.6%
Net Profit YoY
6.1%
EPS (diluted)
$0.46

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NOVT
NOVT
OS
OS
Q4 25
$258.3M
$163.7M
Q3 25
$247.8M
$154.3M
Q2 25
$241.0M
$147.6M
Q1 25
$233.4M
$136.3M
Q4 24
$238.1M
$132.5M
Q3 24
$244.4M
$129.1M
Q2 24
$235.9M
$117.5M
Q1 24
$230.9M
$110.3M
Net Profit
NOVT
NOVT
OS
OS
Q4 25
$17.5M
$999.0K
Q3 25
$10.7M
$-8.8M
Q2 25
$4.5M
$-18.4M
Q1 25
$21.2M
$-24.0M
Q4 24
$16.5M
Q3 24
$19.2M
$-171.9M
Q2 24
$13.8M
$-7.8M
Q1 24
$14.7M
$-5.0M
Gross Margin
NOVT
NOVT
OS
OS
Q4 25
43.8%
69.8%
Q3 25
44.8%
68.1%
Q2 25
44.3%
68.6%
Q1 25
44.7%
68.0%
Q4 24
45.5%
66.8%
Q3 24
44.7%
50.1%
Q2 24
44.0%
68.5%
Q1 24
43.5%
69.1%
Operating Margin
NOVT
NOVT
OS
OS
Q4 25
9.6%
-3.2%
Q3 25
8.8%
-11.3%
Q2 25
6.2%
-21.8%
Q1 25
13.9%
-29.3%
Q4 24
11.2%
-35.8%
Q3 24
13.3%
-197.6%
Q2 24
10.9%
-9.8%
Q1 24
11.1%
-4.9%
Net Margin
NOVT
NOVT
OS
OS
Q4 25
6.8%
0.6%
Q3 25
4.3%
-5.7%
Q2 25
1.9%
-12.5%
Q1 25
9.1%
-17.6%
Q4 24
6.9%
Q3 24
7.9%
-133.1%
Q2 24
5.8%
-6.7%
Q1 24
6.4%
-4.5%
EPS (diluted)
NOVT
NOVT
OS
OS
Q4 25
$0.46
Q3 25
$0.30
Q2 25
$0.12
Q1 25
$0.59
Q4 24
$0.45
Q3 24
$0.53
$-1.06
Q2 24
$0.38
Q1 24
$0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NOVT
NOVT
OS
OS
Cash + ST InvestmentsLiquidity on hand
$380.9M
$693.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$504.7M
Total Assets
$1.8B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOVT
NOVT
OS
OS
Q4 25
$380.9M
$693.6M
Q3 25
$89.2M
$653.9M
Q2 25
$109.9M
$652.1M
Q1 25
$106.0M
$593.9M
Q4 24
$114.0M
$544.2M
Q3 24
$92.7M
$495.5M
Q2 24
$98.5M
$140.5M
Q1 24
$93.5M
Stockholders' Equity
NOVT
NOVT
OS
OS
Q4 25
$1.3B
$504.7M
Q3 25
$801.5M
$472.1M
Q2 25
$801.4M
$458.2M
Q1 25
$769.8M
$412.9M
Q4 24
$745.7M
$386.2M
Q3 24
$742.2M
$458.2M
Q2 24
$702.0M
$97.5M
Q1 24
$681.7M
$102.5M
Total Assets
NOVT
NOVT
OS
OS
Q4 25
$1.8B
$1.0B
Q3 25
$1.5B
$949.4M
Q2 25
$1.5B
$910.5M
Q1 25
$1.4B
$867.3M
Q4 24
$1.4B
$823.2M
Q3 24
$1.4B
$750.1M
Q2 24
$1.4B
$379.7M
Q1 24
$1.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NOVT
NOVT
OS
OS
Operating Cash FlowLast quarter
$8.8M
$25.8M
Free Cash FlowOCF − Capex
$5.1M
$25.6M
FCF MarginFCF / Revenue
2.0%
15.7%
Capex IntensityCapex / Revenue
1.4%
0.1%
Cash ConversionOCF / Net Profit
0.50×
25.79×
TTM Free Cash FlowTrailing 4 quarters
$48.4M
$95.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOVT
NOVT
OS
OS
Q4 25
$8.8M
$25.8M
Q3 25
$8.5M
$5.0M
Q2 25
$15.1M
$29.7M
Q1 25
$31.7M
$36.2M
Q4 24
$61.6M
Q3 24
$23.0M
$2.4M
Q2 24
$41.1M
$8.1M
Q1 24
$32.8M
$25.5M
Free Cash Flow
NOVT
NOVT
OS
OS
Q4 25
$5.1M
$25.6M
Q3 25
$4.2M
$4.8M
Q2 25
$11.7M
$29.4M
Q1 25
$27.4M
$35.8M
Q4 24
$59.3M
Q3 24
$19.5M
$1.3M
Q2 24
$36.2M
$7.7M
Q1 24
$26.4M
$24.9M
FCF Margin
NOVT
NOVT
OS
OS
Q4 25
2.0%
15.7%
Q3 25
1.7%
3.1%
Q2 25
4.8%
19.9%
Q1 25
11.7%
26.3%
Q4 24
24.9%
Q3 24
8.0%
1.0%
Q2 24
15.3%
6.6%
Q1 24
11.4%
22.5%
Capex Intensity
NOVT
NOVT
OS
OS
Q4 25
1.4%
0.1%
Q3 25
1.7%
0.1%
Q2 25
1.4%
0.2%
Q1 25
1.8%
0.3%
Q4 24
0.9%
Q3 24
1.5%
0.8%
Q2 24
2.1%
0.3%
Q1 24
2.8%
0.6%
Cash Conversion
NOVT
NOVT
OS
OS
Q4 25
0.50×
25.79×
Q3 25
0.80×
Q2 25
3.35×
Q1 25
1.49×
Q4 24
3.74×
Q3 24
1.20×
Q2 24
2.99×
Q1 24
2.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NOVT
NOVT

Segment breakdown not available.

OS
OS

Subscription And Circulation$150.3M92%
Professional Services And Other$9.4M6%
License$4.0M2%

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