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
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Novanta Inc. (NOVT) Gross margin
Novanta Inc.'s gross margin over the twelve months to 30 June 2026 was 44.5%, up 0.2 percentage points from fiscal 2025 (44.4%). Over the past ten years it has ranged from 41.4% (fiscal 2020) to 45.4% (fiscal 2023); the current reading is higher than 82% of that period. That is below the Scientific & Technical Instruments industry median of 47.0% and below the Technology sector median of 47.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 44.4% | (0.02) |
| FY2024 | 44.4% | (0.95) |
| FY2023 | 45.4% | 1.40 |
| FY2022 | 44.0% | 1.47 |
| FY2021 | 42.5% | 1.09 |
| FY2020 | 41.4% | (0.46) |
| FY2019 | 41.9% | (0.71) |
| FY2018 | 42.6% | 0.27 |
| FY2017 | 42.3% | 0.08 |
| FY2016 | 42.2% | (0.04) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 45.5% | 1.42 |
| Mar 2026 | 44.1% | 0.23 |
| Dec 2025 | 43.8% | (0.92) |
| Sep 2025 | 44.8% | 0.48 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TRMB Trimble Inc. compare | 69.8% |
| CGNX Cognex Corporation compare | 68.9% |
| VNT Vontier Corporation compare | 47.2% |
| MKSI MKS Inc. compare | 47.0% |
| NOVT Novanta Inc. | 44.5% |
| ESE ESCO Technologies Inc. compare | 42.0% |
| BMI Badger Meter, Inc. compare | 41.6% |
| ITRI Itron, Inc. compare | 40.7% |
| ST Sensata Technologies Holding N.V. compare | 30.8% |
| Scientific & Technical Instruments industry median | 47.0% |
| Technology sector median | 47.1% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on NOVT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement