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) Net margin

Alert me on Net margin

Novanta Inc.'s net margin over the twelve months to 30 June 2026 was 6.00%, up 0.5 percentage points from fiscal 2025 (5.49%). Over the past ten years it has ranged from 5.49% (fiscal 2025) to 9.53% (fiscal 2015) — the current reading is the lowest in ten years. That is above the Scientific & Technical Instruments industry median of 1.92% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 5.49% (1.26)
FY2024 6.75% (1.52)
FY2023 8.27% (0.33)
FY2022 8.60% 1.48
FY2021 7.12% (0.42)
FY2020 7.54% 1.03
FY2019 6.51% (1.77)
FY2018 8.28% 0.64
FY2017 7.64% 1.92
FY2016 5.72% (3.81)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 4.72% (3.47)
Mar 2026 8.19% 1.43
Dec 2025 6.76% 2.46
Sep 2025 4.30% 2.43
42 more quarters

Against its own ten years

Low 5.49% High 9.53%
Ten-year median 7.54%
Current reading's percentile 21

Net margin against peers

Company Net margin
ESE ESCO Technologies Inc. compare 24.4%
CGNX Cognex Corporation compare 16.1%
BMI Badger Meter, Inc. compare 14.4%
ITRI Itron, Inc. compare 12.1%
VNT Vontier Corporation compare 11.3%
MKSI MKS Inc. compare 10.1%
ST Sensata Technologies Holding N.V. compare 9.53%
NOVT Novanta Inc. 6.00%
TRMB Trimble Inc. compare −2.77%
Scientific & Technical Instruments industry median 1.92%
Technology sector median 0.00%
Market median 1.22%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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