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Side-by-side financial comparison of NOVANTA INC (NOVT) and PROVIDENT FINANCIAL SERVICES INC (PFS). Click either name above to swap in a different company.

NOVANTA INC is the larger business by last-quarter revenue ($258.3M vs $225.2M, roughly 1.1× PROVIDENT FINANCIAL SERVICES INC). PROVIDENT FINANCIAL SERVICES INC runs the higher net margin — 35.3% vs 6.8%, a 28.5% gap on every dollar of revenue. Over the past eight quarters, PROVIDENT FINANCIAL SERVICES INC's revenue compounded faster (17.3% 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.

The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is one of the largest banks in the US by assets and by number of branches, deposits, and ATMs.

NOVT vs PFS — Head-to-Head

Bigger by revenue
NOVT
NOVT
1.1× larger
NOVT
$258.3M
$225.2M
PFS
Higher net margin
PFS
PFS
28.5% more per $
PFS
35.3%
6.8%
NOVT
Faster 2-yr revenue CAGR
PFS
PFS
Annualised
PFS
17.3%
5.8%
NOVT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NOVT
NOVT
PFS
PFS
Revenue
$258.3M
$225.2M
Net Profit
$17.5M
$79.4M
Gross Margin
43.8%
Operating Margin
9.6%
Net Margin
6.8%
35.3%
Revenue YoY
8.5%
Net Profit YoY
6.1%
24.0%
EPS (diluted)
$0.46
$0.61

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
PFS
PFS
Q1 26
$225.2M
Q4 25
$258.3M
$225.7M
Q3 25
$247.8M
$221.8M
Q2 25
$241.0M
$214.2M
Q1 25
$233.4M
$208.8M
Q4 24
$238.1M
$205.9M
Q3 24
$244.4M
$210.6M
Q2 24
$235.9M
$163.8M
Net Profit
NOVT
NOVT
PFS
PFS
Q1 26
$79.4M
Q4 25
$17.5M
Q3 25
$10.7M
$71.7M
Q2 25
$4.5M
$72.0M
Q1 25
$21.2M
$64.0M
Q4 24
$16.5M
Q3 24
$19.2M
$46.4M
Q2 24
$13.8M
$-11.5M
Gross Margin
NOVT
NOVT
PFS
PFS
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
PFS
PFS
Q1 26
Q4 25
9.6%
49.7%
Q3 25
8.8%
45.8%
Q2 25
6.2%
47.8%
Q1 25
13.9%
44.0%
Q4 24
11.2%
30.5%
Q3 24
13.3%
31.0%
Q2 24
10.9%
-13.0%
Net Margin
NOVT
NOVT
PFS
PFS
Q1 26
35.3%
Q4 25
6.8%
Q3 25
4.3%
32.3%
Q2 25
1.9%
33.6%
Q1 25
9.1%
30.7%
Q4 24
6.9%
Q3 24
7.9%
22.0%
Q2 24
5.8%
-7.0%
EPS (diluted)
NOVT
NOVT
PFS
PFS
Q1 26
$0.61
Q4 25
$0.46
$0.64
Q3 25
$0.30
$0.55
Q2 25
$0.12
$0.55
Q1 25
$0.59
$0.49
Q4 24
$0.45
$0.37
Q3 24
$0.53
$0.36
Q2 24
$0.38
$-0.11

Balance Sheet & Financial Strength

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

Metric
NOVT
NOVT
PFS
PFS
Cash + ST InvestmentsLiquidity on hand
$380.9M
$222.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$2.9B
Total Assets
$1.8B
$25.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOVT
NOVT
PFS
PFS
Q1 26
$222.1M
Q4 25
$380.9M
$209.1M
Q3 25
$89.2M
$299.2M
Q2 25
$109.9M
$258.0M
Q1 25
$106.0M
$234.1M
Q4 24
$114.0M
$205.9M
Q3 24
$92.7M
$244.0M
Q2 24
$98.5M
$290.5M
Stockholders' Equity
NOVT
NOVT
PFS
PFS
Q1 26
$2.9B
Q4 25
$1.3B
$2.8B
Q3 25
$801.5M
$2.8B
Q2 25
$801.4M
$2.7B
Q1 25
$769.8M
$2.7B
Q4 24
$745.7M
$2.6B
Q3 24
$742.2M
$2.6B
Q2 24
$702.0M
$2.6B
Total Assets
NOVT
NOVT
PFS
PFS
Q1 26
$25.2B
Q4 25
$1.8B
$25.0B
Q3 25
$1.5B
$24.8B
Q2 25
$1.5B
$24.5B
Q1 25
$1.4B
$24.2B
Q4 24
$1.4B
$24.1B
Q3 24
$1.4B
$24.0B
Q2 24
$1.4B
$24.1B

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
PFS
PFS
Operating Cash FlowLast quarter
$8.8M
Free Cash FlowOCF − Capex
$5.1M
FCF MarginFCF / Revenue
2.0%
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
PFS
PFS
Q1 26
Q4 25
$8.8M
$442.3M
Q3 25
$8.5M
$98.0M
Q2 25
$15.1M
$186.8M
Q1 25
$31.7M
$88.5M
Q4 24
$61.6M
$426.4M
Q3 24
$23.0M
$69.2M
Q2 24
$41.1M
$76.5M
Free Cash Flow
NOVT
NOVT
PFS
PFS
Q1 26
Q4 25
$5.1M
$430.7M
Q3 25
$4.2M
$96.7M
Q2 25
$11.7M
$182.6M
Q1 25
$27.4M
$87.4M
Q4 24
$59.3M
$425.1M
Q3 24
$19.5M
$67.9M
Q2 24
$36.2M
$75.5M
FCF Margin
NOVT
NOVT
PFS
PFS
Q1 26
Q4 25
2.0%
190.8%
Q3 25
1.7%
43.6%
Q2 25
4.8%
85.2%
Q1 25
11.7%
41.9%
Q4 24
24.9%
206.4%
Q3 24
8.0%
32.2%
Q2 24
15.3%
46.1%
Capex Intensity
NOVT
NOVT
PFS
PFS
Q1 26
Q4 25
1.4%
5.1%
Q3 25
1.7%
0.6%
Q2 25
1.4%
2.0%
Q1 25
1.8%
0.5%
Q4 24
0.9%
0.6%
Q3 24
1.5%
0.6%
Q2 24
2.1%
0.6%
Cash Conversion
NOVT
NOVT
PFS
PFS
Q1 26
Q4 25
0.50×
Q3 25
0.80×
1.37×
Q2 25
3.35×
2.59×
Q1 25
1.49×
1.38×
Q4 24
3.74×
Q3 24
1.20×
1.49×
Q2 24
2.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NOVT
NOVT

Segment breakdown not available.

PFS
PFS

Net Interest Income$193.7M86%
Noninterest Income$31.5M14%

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