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Side-by-side financial comparison of NOVANTA INC (NOVT) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.

WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $257.7M, roughly 1.3× NOVANTA INC). NOVANTA INC runs the higher net margin — 8.2% vs -18.0%, a 26.2% gap on every dollar of revenue. On growth, NOVANTA INC posted the faster year-over-year revenue change (10.4% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $226.6K). Over the past eight quarters, NOVANTA INC's revenue compounded faster (4.5% CAGR vs -4.6%).

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.

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.

NOVT vs WH — Head-to-Head

Bigger by revenue
WH
WH
1.3× larger
WH
$334.0M
$257.7M
NOVT
Growing faster (revenue YoY)
NOVT
NOVT
+86.7% gap
NOVT
10.4%
-76.3%
WH
Higher net margin
NOVT
NOVT
26.2% more per $
NOVT
8.2%
-18.0%
WH
More free cash flow
WH
WH
$167.8M more FCF
WH
$168.0M
$226.6K
NOVT
Faster 2-yr revenue CAGR
NOVT
NOVT
Annualised
NOVT
4.5%
-4.6%
WH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NOVT
NOVT
WH
WH
Revenue
$257.7M
$334.0M
Net Profit
$21.1M
$-60.0M
Gross Margin
44.1%
Operating Margin
10.7%
Net Margin
8.2%
-18.0%
Revenue YoY
10.4%
-76.3%
Net Profit YoY
-0.5%
-170.6%
EPS (diluted)
$0.51
$-0.80

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
WH
WH
Q1 26
$257.7M
$334.0M
Q4 25
$258.3M
$334.0M
Q3 25
$247.8M
$382.0M
Q2 25
$241.0M
$397.0M
Q1 25
$233.4M
$316.0M
Q4 24
$238.1M
$336.0M
Q3 24
$244.4M
$396.0M
Q2 24
$235.9M
$367.0M
Net Profit
NOVT
NOVT
WH
WH
Q1 26
$21.1M
$-60.0M
Q4 25
$17.5M
$-60.0M
Q3 25
$10.7M
$105.0M
Q2 25
$4.5M
$87.0M
Q1 25
$21.2M
$61.0M
Q4 24
$16.5M
$85.0M
Q3 24
$19.2M
$102.0M
Q2 24
$13.8M
$86.0M
Gross Margin
NOVT
NOVT
WH
WH
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
WH
WH
Q1 26
10.7%
Q4 25
9.6%
-11.4%
Q3 25
8.8%
46.6%
Q2 25
6.2%
37.8%
Q1 25
13.9%
35.4%
Q4 24
11.2%
38.4%
Q3 24
13.3%
43.2%
Q2 24
10.9%
39.5%
Net Margin
NOVT
NOVT
WH
WH
Q1 26
8.2%
-18.0%
Q4 25
6.8%
-18.0%
Q3 25
4.3%
27.5%
Q2 25
1.9%
21.9%
Q1 25
9.1%
19.3%
Q4 24
6.9%
25.3%
Q3 24
7.9%
25.8%
Q2 24
5.8%
23.4%
EPS (diluted)
NOVT
NOVT
WH
WH
Q1 26
$0.51
$-0.80
Q4 25
$0.46
$-0.77
Q3 25
$0.30
$1.36
Q2 25
$0.12
$1.13
Q1 25
$0.59
$0.78
Q4 24
$0.45
$1.06
Q3 24
$0.53
$1.29
Q2 24
$0.38
$1.07

Balance Sheet & Financial Strength

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

Metric
NOVT
NOVT
WH
WH
Cash + ST InvestmentsLiquidity on hand
$388.8M
$64.0M
Total DebtLower is stronger
$241.4M
Stockholders' EquityBook value
$468.0M
Total Assets
$1.8B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOVT
NOVT
WH
WH
Q1 26
$388.8M
$64.0M
Q4 25
$380.9M
$64.0M
Q3 25
$89.2M
$70.0M
Q2 25
$109.9M
$50.0M
Q1 25
$106.0M
$48.0M
Q4 24
$114.0M
$103.0M
Q3 24
$92.7M
$72.0M
Q2 24
$98.5M
$70.0M
Total Debt
NOVT
NOVT
WH
WH
Q1 26
$241.4M
Q4 25
$2.5B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Stockholders' Equity
NOVT
NOVT
WH
WH
Q1 26
$468.0M
Q4 25
$1.3B
$468.0M
Q3 25
$801.5M
$583.0M
Q2 25
$801.4M
$570.0M
Q1 25
$769.8M
$579.0M
Q4 24
$745.7M
$650.0M
Q3 24
$742.2M
$583.0M
Q2 24
$702.0M
$623.0M
Total Assets
NOVT
NOVT
WH
WH
Q1 26
$1.8B
$4.2B
Q4 25
$1.8B
$4.2B
Q3 25
$1.5B
$4.3B
Q2 25
$1.5B
$4.3B
Q1 25
$1.4B
$4.2B
Q4 24
$1.4B
$4.2B
Q3 24
$1.4B
$4.2B
Q2 24
$1.4B
$4.2B
Debt / Equity
NOVT
NOVT
WH
WH
Q1 26
Q4 25
5.37×
Q3 25
4.43×
Q2 25
4.44×
Q1 25
4.29×
Q4 24
3.72×
Q3 24
4.19×
Q2 24
3.83×

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
WH
WH
Operating Cash FlowLast quarter
$51.6M
$367.0M
Free Cash FlowOCF − Capex
$226.6K
$168.0M
FCF MarginFCF / Revenue
0.1%
50.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.45×
TTM Free Cash FlowTrailing 4 quarters
$21.3M
$437.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOVT
NOVT
WH
WH
Q1 26
$51.6M
$367.0M
Q4 25
$8.8M
$152.0M
Q3 25
$8.5M
$86.0M
Q2 25
$15.1M
$70.0M
Q1 25
$31.7M
$59.0M
Q4 24
$61.6M
$134.0M
Q3 24
$23.0M
$79.0M
Q2 24
$41.1M
$1.0M
Free Cash Flow
NOVT
NOVT
WH
WH
Q1 26
$226.6K
$168.0M
Q4 25
$5.1M
$136.0M
Q3 25
$4.2M
$75.0M
Q2 25
$11.7M
$58.0M
Q1 25
$27.4M
$52.0M
Q4 24
$59.3M
$109.0M
Q3 24
$19.5M
$71.0M
Q2 24
$36.2M
$-6.0M
FCF Margin
NOVT
NOVT
WH
WH
Q1 26
0.1%
50.3%
Q4 25
2.0%
40.7%
Q3 25
1.7%
19.6%
Q2 25
4.8%
14.6%
Q1 25
11.7%
16.5%
Q4 24
24.9%
32.4%
Q3 24
8.0%
17.9%
Q2 24
15.3%
-1.6%
Capex Intensity
NOVT
NOVT
WH
WH
Q1 26
Q4 25
1.4%
4.8%
Q3 25
1.7%
2.9%
Q2 25
1.4%
3.0%
Q1 25
1.8%
2.2%
Q4 24
0.9%
7.4%
Q3 24
1.5%
2.0%
Q2 24
2.1%
1.9%
Cash Conversion
NOVT
NOVT
WH
WH
Q1 26
2.45×
Q4 25
0.50×
Q3 25
0.80×
0.82×
Q2 25
3.35×
0.80×
Q1 25
1.49×
0.97×
Q4 24
3.74×
1.58×
Q3 24
1.20×
0.77×
Q2 24
2.99×
0.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NOVT
NOVT

Segment breakdown not available.

WH
WH

Fee-related and other revenues$334.0M100%
Management and other fees$2.0M1%

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