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Side-by-side financial comparison of NOVANTA INC (NOVT) and Pebblebrook Hotel Trust (PEB). Click either name above to swap in a different company.

Pebblebrook Hotel Trust is the larger business by last-quarter revenue ($345.7M vs $258.3M, roughly 1.3× NOVANTA INC). NOVANTA INC runs the higher net margin — 6.8% vs -5.3%, a 12.1% gap on every dollar of revenue. On growth, NOVANTA INC posted the faster year-over-year revenue change (8.5% vs 7.9%). Pebblebrook Hotel Trust produced more free cash flow last quarter ($114.5M vs $5.1M). Over the past eight quarters, NOVANTA INC's revenue compounded faster (5.8% CAGR vs -6.7%).

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.

Pebblebrook Hotel Trust is a publicly traded real estate investment trust (REIT) that owns, manages, and invests in upscale, luxury, and boutique hotel properties primarily across major urban and leisure destinations in the United States. Its portfolio caters to both business and leisure travelers, focusing on high-demand markets to deliver long-term value for stakeholders.

NOVT vs PEB — Head-to-Head

Bigger by revenue
PEB
PEB
1.3× larger
PEB
$345.7M
$258.3M
NOVT
Growing faster (revenue YoY)
NOVT
NOVT
+0.6% gap
NOVT
8.5%
7.9%
PEB
Higher net margin
NOVT
NOVT
12.1% more per $
NOVT
6.8%
-5.3%
PEB
More free cash flow
PEB
PEB
$109.4M more FCF
PEB
$114.5M
$5.1M
NOVT
Faster 2-yr revenue CAGR
NOVT
NOVT
Annualised
NOVT
5.8%
-6.7%
PEB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NOVT
NOVT
PEB
PEB
Revenue
$258.3M
$345.7M
Net Profit
$17.5M
$-18.4M
Gross Margin
43.8%
Operating Margin
9.6%
Net Margin
6.8%
-5.3%
Revenue YoY
8.5%
7.9%
Net Profit YoY
6.1%
42.9%
EPS (diluted)
$0.46
$-0.26

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
PEB
PEB
Q1 26
$345.7M
Q4 25
$258.3M
$349.0M
Q3 25
$247.8M
$398.7M
Q2 25
$241.0M
$407.5M
Q1 25
$233.4M
$320.3M
Q4 24
$238.1M
$337.6M
Q3 24
$244.4M
$404.5M
Q2 24
$235.9M
$397.1M
Net Profit
NOVT
NOVT
PEB
PEB
Q1 26
$-18.4M
Q4 25
$17.5M
$-17.9M
Q3 25
$10.7M
$-33.1M
Q2 25
$4.5M
$18.1M
Q1 25
$21.2M
$-32.9M
Q4 24
$16.5M
$-50.5M
Q3 24
$19.2M
$43.7M
Q2 24
$13.8M
$30.9M
Gross Margin
NOVT
NOVT
PEB
PEB
Q1 26
Q4 25
43.8%
Q3 25
44.8%
Q2 25
44.3%
Q1 25
44.7%
Q4 24
45.5%
Q3 24
44.7%
Q2 24
44.0%
Operating Margin
NOVT
NOVT
PEB
PEB
Q1 26
Q4 25
9.6%
2.5%
Q3 25
8.8%
-2.6%
Q2 25
6.2%
12.9%
Q1 25
13.9%
-2.3%
Q4 24
11.2%
-6.7%
Q3 24
13.3%
11.6%
Q2 24
10.9%
15.4%
Net Margin
NOVT
NOVT
PEB
PEB
Q1 26
-5.3%
Q4 25
6.8%
-5.1%
Q3 25
4.3%
-8.3%
Q2 25
1.9%
4.4%
Q1 25
9.1%
-10.3%
Q4 24
6.9%
-15.0%
Q3 24
7.9%
10.8%
Q2 24
5.8%
7.8%
EPS (diluted)
NOVT
NOVT
PEB
PEB
Q1 26
$-0.26
Q4 25
$0.46
$-0.22
Q3 25
$0.30
$-0.37
Q2 25
$0.12
$0.06
Q1 25
$0.59
$-0.37
Q4 24
$0.45
$-0.47
Q3 24
$0.53
$0.24
Q2 24
$0.38
$0.16

Balance Sheet & Financial Strength

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

Metric
NOVT
NOVT
PEB
PEB
Cash + ST InvestmentsLiquidity on hand
$380.9M
$196.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$2.4B
Total Assets
$1.8B
$5.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOVT
NOVT
PEB
PEB
Q1 26
$196.2M
Q4 25
$380.9M
$184.2M
Q3 25
$89.2M
$223.2M
Q2 25
$109.9M
$256.1M
Q1 25
$106.0M
$208.1M
Q4 24
$114.0M
$206.7M
Q3 24
$92.7M
$134.0M
Q2 24
$98.5M
$101.7M
Total Debt
NOVT
NOVT
PEB
PEB
Q1 26
Q4 25
$2.1B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Stockholders' Equity
NOVT
NOVT
PEB
PEB
Q1 26
$2.4B
Q4 25
$1.3B
$2.5B
Q3 25
$801.5M
$2.5B
Q2 25
$801.4M
$2.6B
Q1 25
$769.8M
$2.6B
Q4 24
$745.7M
$2.7B
Q3 24
$742.2M
$2.8B
Q2 24
$702.0M
$2.7B
Total Assets
NOVT
NOVT
PEB
PEB
Q1 26
$5.3B
Q4 25
$1.8B
$5.3B
Q3 25
$1.5B
$5.6B
Q2 25
$1.5B
$5.7B
Q1 25
$1.4B
$5.7B
Q4 24
$1.4B
$5.7B
Q3 24
$1.4B
$5.7B
Q2 24
$1.4B
$5.7B
Debt / Equity
NOVT
NOVT
PEB
PEB
Q1 26
Q4 25
0.86×
Q3 25
0.89×
Q2 25
0.85×
Q1 25
0.85×
Q4 24
0.83×
Q3 24
0.80×
Q2 24
0.80×

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
PEB
PEB
Operating Cash FlowLast quarter
$8.8M
Free Cash FlowOCF − Capex
$5.1M
$114.5M
FCF MarginFCF / Revenue
2.0%
33.1%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
0.50×
TTM Free Cash FlowTrailing 4 quarters
$48.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOVT
NOVT
PEB
PEB
Q1 26
Q4 25
$8.8M
$249.7M
Q3 25
$8.5M
$77.6M
Q2 25
$15.1M
$90.5M
Q1 25
$31.7M
$50.3M
Q4 24
$61.6M
$275.0M
Q3 24
$23.0M
$76.1M
Q2 24
$41.1M
$83.7M
Free Cash Flow
NOVT
NOVT
PEB
PEB
Q1 26
$114.5M
Q4 25
$5.1M
$152.3M
Q3 25
$4.2M
$6.8M
Q2 25
$11.7M
Q1 25
$27.4M
Q4 24
$59.3M
$146.3M
Q3 24
$19.5M
$-24.8M
Q2 24
$36.2M
FCF Margin
NOVT
NOVT
PEB
PEB
Q1 26
33.1%
Q4 25
2.0%
43.6%
Q3 25
1.7%
1.7%
Q2 25
4.8%
Q1 25
11.7%
Q4 24
24.9%
43.3%
Q3 24
8.0%
-6.1%
Q2 24
15.3%
Capex Intensity
NOVT
NOVT
PEB
PEB
Q1 26
Q4 25
1.4%
27.9%
Q3 25
1.7%
17.7%
Q2 25
1.4%
Q1 25
1.8%
Q4 24
0.9%
38.1%
Q3 24
1.5%
24.9%
Q2 24
2.1%
Cash Conversion
NOVT
NOVT
PEB
PEB
Q1 26
Q4 25
0.50×
Q3 25
0.80×
Q2 25
3.35×
5.01×
Q1 25
1.49×
Q4 24
3.74×
Q3 24
1.20×
1.74×
Q2 24
2.99×
2.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NOVT
NOVT

Segment breakdown not available.

PEB
PEB

Room$214.5M62%
Food and beverage$91.1M26%
Other$40.0M12%

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