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

NOVANTA INC is the larger business by last-quarter revenue ($257.7M vs $158.6M, roughly 1.6× Stoke Therapeutics, Inc.). Stoke Therapeutics, Inc. runs the higher net margin — 71.2% vs 8.2%, a 63.0% gap on every dollar of revenue. On growth, Stoke Therapeutics, Inc. posted the faster year-over-year revenue change (3661.1% vs 10.4%). Stoke Therapeutics, Inc. produced more free cash flow last quarter ($131.7M vs $226.6K).

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.

Stoke Therapeutics, Inc. is a clinical-stage biotechnology company developing innovative RNA-targeted therapies for severe rare genetic diseases. Its lead candidates address unmet needs for Dravet syndrome, a rare epilepsy, and other neurological monogenic disorders, serving patients across North America and global markets.

NOVT vs STOK — Head-to-Head

Bigger by revenue
NOVT
NOVT
1.6× larger
NOVT
$257.7M
$158.6M
STOK
Growing faster (revenue YoY)
STOK
STOK
+3650.7% gap
STOK
3661.1%
10.4%
NOVT
Higher net margin
STOK
STOK
63.0% more per $
STOK
71.2%
8.2%
NOVT
More free cash flow
STOK
STOK
$131.4M more FCF
STOK
$131.7M
$226.6K
NOVT

Income Statement — Q1 FY2026 vs Q1 FY2025

Metric
NOVT
NOVT
STOK
STOK
Revenue
$257.7M
$158.6M
Net Profit
$21.1M
$112.9M
Gross Margin
44.1%
Operating Margin
10.7%
70.2%
Net Margin
8.2%
71.2%
Revenue YoY
10.4%
3661.1%
Net Profit YoY
-0.5%
528.0%
EPS (diluted)
$0.51
$1.90

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
STOK
STOK
Q1 26
$257.7M
Q4 25
$258.3M
Q3 25
$247.8M
Q2 25
$241.0M
Q1 25
$233.4M
$158.6M
Q4 24
$238.1M
$22.6M
Q3 24
$244.4M
Q2 24
$235.9M
Net Profit
NOVT
NOVT
STOK
STOK
Q1 26
$21.1M
Q4 25
$17.5M
Q3 25
$10.7M
Q2 25
$4.5M
Q1 25
$21.2M
$112.9M
Q4 24
$16.5M
$-10.5M
Q3 24
$19.2M
Q2 24
$13.8M
Gross Margin
NOVT
NOVT
STOK
STOK
Q1 26
44.1%
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
STOK
STOK
Q1 26
10.7%
Q4 25
9.6%
Q3 25
8.8%
Q2 25
6.2%
Q1 25
13.9%
70.2%
Q4 24
11.2%
-60.4%
Q3 24
13.3%
Q2 24
10.9%
Net Margin
NOVT
NOVT
STOK
STOK
Q1 26
8.2%
Q4 25
6.8%
Q3 25
4.3%
Q2 25
1.9%
Q1 25
9.1%
71.2%
Q4 24
6.9%
-46.4%
Q3 24
7.9%
Q2 24
5.8%
EPS (diluted)
NOVT
NOVT
STOK
STOK
Q1 26
$0.51
Q4 25
$0.46
Q3 25
$0.30
Q2 25
$0.12
Q1 25
$0.59
$1.90
Q4 24
$0.45
$-0.15
Q3 24
$0.53
Q2 24
$0.38

Balance Sheet & Financial Strength

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

Metric
NOVT
NOVT
STOK
STOK
Cash + ST InvestmentsLiquidity on hand
$388.8M
$274.8M
Total DebtLower is stronger
$241.4M
Stockholders' EquityBook value
$350.1M
Total Assets
$1.8B
$406.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOVT
NOVT
STOK
STOK
Q1 26
$388.8M
Q4 25
$380.9M
Q3 25
$89.2M
Q2 25
$109.9M
Q1 25
$106.0M
$274.8M
Q4 24
$114.0M
$128.0M
Q3 24
$92.7M
Q2 24
$98.5M
Total Debt
NOVT
NOVT
STOK
STOK
Q1 26
$241.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
NOVT
NOVT
STOK
STOK
Q1 26
Q4 25
$1.3B
Q3 25
$801.5M
Q2 25
$801.4M
Q1 25
$769.8M
$350.1M
Q4 24
$745.7M
$229.0M
Q3 24
$742.2M
Q2 24
$702.0M
Total Assets
NOVT
NOVT
STOK
STOK
Q1 26
$1.8B
Q4 25
$1.8B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.4B
$406.9M
Q4 24
$1.4B
$271.6M
Q3 24
$1.4B
Q2 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
STOK
STOK
Operating Cash FlowLast quarter
$51.6M
$131.8M
Free Cash FlowOCF − Capex
$226.6K
$131.7M
FCF MarginFCF / Revenue
0.1%
83.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
2.45×
1.17×
TTM Free Cash FlowTrailing 4 quarters
$21.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOVT
NOVT
STOK
STOK
Q1 26
$51.6M
Q4 25
$8.8M
Q3 25
$8.5M
Q2 25
$15.1M
Q1 25
$31.7M
$131.8M
Q4 24
$61.6M
$-23.2M
Q3 24
$23.0M
Q2 24
$41.1M
Free Cash Flow
NOVT
NOVT
STOK
STOK
Q1 26
$226.6K
Q4 25
$5.1M
Q3 25
$4.2M
Q2 25
$11.7M
Q1 25
$27.4M
$131.7M
Q4 24
$59.3M
$-23.2M
Q3 24
$19.5M
Q2 24
$36.2M
FCF Margin
NOVT
NOVT
STOK
STOK
Q1 26
0.1%
Q4 25
2.0%
Q3 25
1.7%
Q2 25
4.8%
Q1 25
11.7%
83.0%
Q4 24
24.9%
-102.7%
Q3 24
8.0%
Q2 24
15.3%
Capex Intensity
NOVT
NOVT
STOK
STOK
Q1 26
Q4 25
1.4%
Q3 25
1.7%
Q2 25
1.4%
Q1 25
1.8%
0.1%
Q4 24
0.9%
0.2%
Q3 24
1.5%
Q2 24
2.1%
Cash Conversion
NOVT
NOVT
STOK
STOK
Q1 26
2.45×
Q4 25
0.50×
Q3 25
0.80×
Q2 25
3.35×
Q1 25
1.49×
1.17×
Q4 24
3.74×
Q3 24
1.20×
Q2 24
2.99×

Financial Flow Comparison

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

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