Novanta Inc.

NOVT Technology Scientific & Technical Instruments

Novanta Inc.’s revenue for fiscal 2025 (year ended December 2025) was $980.6 million, up 3.30% from fiscal 2024.

Revenue
+10.3%
EPS
+158.3%
Free cash flow
+391.8%
Total debt
−50.0%

Quarter to June 2026, against a year earlier

144.88 2.61 −1.77%
Market cap
$5.6B
P/E
92.5×
Fwd P/E
80.1×
Dividend yield
—
F-score
5/9
Altman Z
6.64
Beneish M
−2.25
Dividend safety
n/a

Novanta Inc. (NOVT) Free cash flow

Alert me on Free cash flow

Novanta Inc.'s free cash flow for fiscal 2025 was $48.4M, down 65.7% from $141.4M in fiscal 2024. Over the twelve months to 30 June 2026 it was $109.1M. Over the past ten years it has ranged from $28.0M (fiscal 2015) to $141.4M (fiscal 2024); the current reading is higher than 27% of that period. Novanta Inc. ranks 13th of 33 Scientific & Technical Instruments companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $48.4M (65.74%)
FY2024 $141.4M 41.19%
FY2023 $100.1M 40.47%
FY2022 $71.3M (4.78%)
FY2021 $74.8M (42.30%)
FY2020 $129.7M 146.86%
FY2019 $52.5M (28.66%)
FY2018 $73.7M 35.57%
FY2017 $54.3M 28.19%
FY2016 $42.4M 51.42%

Quarterly newest first

Period Free cash flow Change
Jun 2026 $57.5M 20.19%
Mar 2026 $47.8M —
Dec 2025 −$404.0K —
Sep 2025 $4.2M (63.95%)
42 more quarters

Against its own ten years

Low $28.0M High $141.4M
Ten-year median $71.3M
Current reading's percentile 27

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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