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

Utz Brands, Inc. is the larger business by last-quarter revenue ($361.3M vs $257.7M, roughly 1.4× NOVANTA INC). On growth, NOVANTA INC posted the faster year-over-year revenue change (10.4% vs 2.6%). Over the past eight quarters, NOVANTA INC's revenue compounded faster (4.5% CAGR vs -0.2%).

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.

Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.

NOVT vs UTZ — Head-to-Head

Bigger by revenue
UTZ
UTZ
1.4× larger
UTZ
$361.3M
$257.7M
NOVT
Growing faster (revenue YoY)
NOVT
NOVT
+7.8% gap
NOVT
10.4%
2.6%
UTZ
Faster 2-yr revenue CAGR
NOVT
NOVT
Annualised
NOVT
4.5%
-0.2%
UTZ

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
NOVT
NOVT
UTZ
UTZ
Revenue
$257.7M
$361.3M
Net Profit
$21.1M
Gross Margin
44.1%
25.4%
Operating Margin
10.7%
2.2%
Net Margin
8.2%
Revenue YoY
10.4%
2.6%
Net Profit YoY
-0.5%
EPS (diluted)
$0.51
$-0.02

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
UTZ
UTZ
Q1 26
$257.7M
$361.3M
Q4 25
$258.3M
Q3 25
$247.8M
Q2 25
$241.0M
Q1 25
$233.4M
Q4 24
$238.1M
$341.0M
Q3 24
$244.4M
$365.5M
Q2 24
$235.9M
$356.2M
Net Profit
NOVT
NOVT
UTZ
UTZ
Q1 26
$21.1M
Q4 25
$17.5M
Q3 25
$10.7M
Q2 25
$4.5M
Q1 25
$21.2M
Q4 24
$16.5M
$2.3M
Q3 24
$19.2M
$-2.2M
Q2 24
$13.8M
$19.8M
Gross Margin
NOVT
NOVT
UTZ
UTZ
Q1 26
44.1%
25.4%
Q4 25
43.8%
Q3 25
44.8%
Q2 25
44.3%
Q1 25
44.7%
Q4 24
45.5%
25.5%
Q3 24
44.7%
26.9%
Q2 24
44.0%
26.7%
Operating Margin
NOVT
NOVT
UTZ
UTZ
Q1 26
10.7%
2.2%
Q4 25
9.6%
Q3 25
8.8%
Q2 25
6.2%
Q1 25
13.9%
Q4 24
11.2%
2.1%
Q3 24
13.3%
5.3%
Q2 24
10.9%
6.3%
Net Margin
NOVT
NOVT
UTZ
UTZ
Q1 26
8.2%
Q4 25
6.8%
Q3 25
4.3%
Q2 25
1.9%
Q1 25
9.1%
Q4 24
6.9%
0.7%
Q3 24
7.9%
-0.6%
Q2 24
5.8%
5.6%
EPS (diluted)
NOVT
NOVT
UTZ
UTZ
Q1 26
$0.51
$-0.02
Q4 25
$0.46
Q3 25
$0.30
Q2 25
$0.12
Q1 25
$0.59
Q4 24
$0.45
$0.04
Q3 24
$0.53
$-0.03
Q2 24
$0.38
$0.23

Balance Sheet & Financial Strength

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

Metric
NOVT
NOVT
UTZ
UTZ
Cash + ST InvestmentsLiquidity on hand
$388.8M
$73.7M
Total DebtLower is stronger
$241.4M
Stockholders' EquityBook value
$709.5M
Total Assets
$1.8B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOVT
NOVT
UTZ
UTZ
Q1 26
$388.8M
$73.7M
Q4 25
$380.9M
Q3 25
$89.2M
Q2 25
$109.9M
Q1 25
$106.0M
Q4 24
$114.0M
$56.1M
Q3 24
$92.7M
$64.9M
Q2 24
$98.5M
$66.6M
Total Debt
NOVT
NOVT
UTZ
UTZ
Q1 26
$241.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$768.6M
Q3 24
$780.8M
Q2 24
$797.6M
Stockholders' Equity
NOVT
NOVT
UTZ
UTZ
Q1 26
$709.5M
Q4 25
$1.3B
Q3 25
$801.5M
Q2 25
$801.4M
Q1 25
$769.8M
Q4 24
$745.7M
$696.9M
Q3 24
$742.2M
$685.7M
Q2 24
$702.0M
$686.0M
Total Assets
NOVT
NOVT
UTZ
UTZ
Q1 26
$1.8B
$2.8B
Q4 25
$1.8B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
$2.7B
Q3 24
$1.4B
$2.6B
Q2 24
$1.4B
$2.7B
Debt / Equity
NOVT
NOVT
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.10×
Q3 24
1.14×
Q2 24
1.16×

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
UTZ
UTZ
Operating Cash FlowLast quarter
$51.6M
$-12.2M
Free Cash FlowOCF − Capex
$226.6K
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
3.8%
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
UTZ
UTZ
Q1 26
$51.6M
$-12.2M
Q4 25
$8.8M
Q3 25
$8.5M
Q2 25
$15.1M
Q1 25
$31.7M
Q4 24
$61.6M
$54.2M
Q3 24
$23.0M
$52.2M
Q2 24
$41.1M
$8.9M
Free Cash Flow
NOVT
NOVT
UTZ
UTZ
Q1 26
$226.6K
Q4 25
$5.1M
Q3 25
$4.2M
Q2 25
$11.7M
Q1 25
$27.4M
Q4 24
$59.3M
$16.5M
Q3 24
$19.5M
$29.1M
Q2 24
$36.2M
$-15.3M
FCF Margin
NOVT
NOVT
UTZ
UTZ
Q1 26
0.1%
Q4 25
2.0%
Q3 25
1.7%
Q2 25
4.8%
Q1 25
11.7%
Q4 24
24.9%
4.8%
Q3 24
8.0%
8.0%
Q2 24
15.3%
-4.3%
Capex Intensity
NOVT
NOVT
UTZ
UTZ
Q1 26
3.8%
Q4 25
1.4%
Q3 25
1.7%
Q2 25
1.4%
Q1 25
1.8%
Q4 24
0.9%
11.1%
Q3 24
1.5%
6.3%
Q2 24
2.1%
6.8%
Cash Conversion
NOVT
NOVT
UTZ
UTZ
Q1 26
2.45×
Q4 25
0.50×
Q3 25
0.80×
Q2 25
3.35×
Q1 25
1.49×
Q4 24
3.74×
23.67×
Q3 24
1.20×
Q2 24
2.99×
0.45×

Financial Flow Comparison

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

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