vs

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

StubHub Holdings, Inc. is the larger business by last-quarter revenue ($449.2M vs $257.7M, roughly 1.7× NOVANTA INC). On growth, NOVANTA INC posted the faster year-over-year revenue change (10.4% vs -15.8%). StubHub Holdings, Inc. produced more free cash flow last quarter ($2.0M 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.

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

NOVT vs STUB — Head-to-Head

Bigger by revenue
STUB
STUB
1.7× larger
STUB
$449.2M
$257.7M
NOVT
Growing faster (revenue YoY)
NOVT
NOVT
+26.2% gap
NOVT
10.4%
-15.8%
STUB
More free cash flow
STUB
STUB
$1.7M more FCF
STUB
$2.0M
$226.6K
NOVT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NOVT
NOVT
STUB
STUB
Revenue
$257.7M
$449.2M
Net Profit
$21.1M
Gross Margin
44.1%
83.1%
Operating Margin
10.7%
Net Margin
8.2%
Revenue YoY
10.4%
-15.8%
Net Profit YoY
-0.5%
EPS (diluted)
$0.51

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
STUB
STUB
Q1 26
$257.7M
Q4 25
$258.3M
$449.2M
Q3 25
$247.8M
$468.1M
Q2 25
$241.0M
Q1 25
$233.4M
Q4 24
$238.1M
Q3 24
$244.4M
$433.8M
Q2 24
$235.9M
Net Profit
NOVT
NOVT
STUB
STUB
Q1 26
$21.1M
Q4 25
$17.5M
Q3 25
$10.7M
$-1.3B
Q2 25
$4.5M
Q1 25
$21.2M
Q4 24
$16.5M
Q3 24
$19.2M
$-33.0M
Q2 24
$13.8M
Gross Margin
NOVT
NOVT
STUB
STUB
Q1 26
44.1%
Q4 25
43.8%
83.1%
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
STUB
STUB
Q1 26
10.7%
Q4 25
9.6%
Q3 25
8.8%
-292.3%
Q2 25
6.2%
Q1 25
13.9%
Q4 24
11.2%
Q3 24
13.3%
2.8%
Q2 24
10.9%
Net Margin
NOVT
NOVT
STUB
STUB
Q1 26
8.2%
Q4 25
6.8%
Q3 25
4.3%
-276.6%
Q2 25
1.9%
Q1 25
9.1%
Q4 24
6.9%
Q3 24
7.9%
-7.6%
Q2 24
5.8%
EPS (diluted)
NOVT
NOVT
STUB
STUB
Q1 26
$0.51
Q4 25
$0.46
Q3 25
$0.30
$-4.27
Q2 25
$0.12
Q1 25
$0.59
Q4 24
$0.45
Q3 24
$0.53
$-0.15
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
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$388.8M
Total DebtLower is stronger
$241.4M
Stockholders' EquityBook value
Total Assets
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOVT
NOVT
STUB
STUB
Q1 26
$388.8M
Q4 25
$380.9M
Q3 25
$89.2M
$1.4B
Q2 25
$109.9M
Q1 25
$106.0M
Q4 24
$114.0M
Q3 24
$92.7M
$1.1B
Q2 24
$98.5M
Total Debt
NOVT
NOVT
STUB
STUB
Q1 26
$241.4M
Q4 25
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
NOVT
NOVT
STUB
STUB
Q1 26
Q4 25
$1.3B
Q3 25
$801.5M
$1.7B
Q2 25
$801.4M
Q1 25
$769.8M
Q4 24
$745.7M
Q3 24
$742.2M
$815.9M
Q2 24
$702.0M
Total Assets
NOVT
NOVT
STUB
STUB
Q1 26
$1.8B
Q4 25
$1.8B
Q3 25
$1.5B
$5.6B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Debt / Equity
NOVT
NOVT
STUB
STUB
Q1 26
Q4 25
Q3 25
0.98×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
STUB
STUB
Operating Cash FlowLast quarter
$51.6M
Free Cash FlowOCF − Capex
$226.6K
$2.0M
FCF MarginFCF / Revenue
0.1%
0.4%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.45×
TTM Free Cash FlowTrailing 4 quarters
$21.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOVT
NOVT
STUB
STUB
Q1 26
$51.6M
Q4 25
$8.8M
Q3 25
$8.5M
$181.4M
Q2 25
$15.1M
Q1 25
$31.7M
Q4 24
$61.6M
Q3 24
$23.0M
Q2 24
$41.1M
Free Cash Flow
NOVT
NOVT
STUB
STUB
Q1 26
$226.6K
Q4 25
$5.1M
$2.0M
Q3 25
$4.2M
$180.3M
Q2 25
$11.7M
Q1 25
$27.4M
Q4 24
$59.3M
Q3 24
$19.5M
Q2 24
$36.2M
FCF Margin
NOVT
NOVT
STUB
STUB
Q1 26
0.1%
Q4 25
2.0%
0.4%
Q3 25
1.7%
38.5%
Q2 25
4.8%
Q1 25
11.7%
Q4 24
24.9%
Q3 24
8.0%
Q2 24
15.3%
Capex Intensity
NOVT
NOVT
STUB
STUB
Q1 26
Q4 25
1.4%
Q3 25
1.7%
0.2%
Q2 25
1.4%
Q1 25
1.8%
Q4 24
0.9%
Q3 24
1.5%
Q2 24
2.1%
Cash Conversion
NOVT
NOVT
STUB
STUB
Q1 26
2.45×
Q4 25
0.50×
Q3 25
0.80×
Q2 25
3.35×
Q1 25
1.49×
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.

Related Comparisons