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) Revenue growth

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Novanta Inc.'s revenue growth over the twelve months to 30 June 2026 was 7.61%, up 4.3 percentage points from fiscal 2025 (3.30%). Over the past ten years it has ranged from −5.67% (fiscal 2020) to 35.5% (fiscal 2017); the current reading is higher than 55% of that period. That is below the Scientific & Technical Instruments industry median of 9.26% and below the Technology sector median of 11.8%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 3.30% (4.37)
FY2024 7.67% 5.26
FY2023 2.41% (19.39)
FY2022 21.8% 2.13
FY2021 19.7% 25.34
FY2020 −5.67% (7.58)
FY2019 1.91% (15.94)
FY2018 17.9% (17.64)
FY2017 35.5% 32.50
FY2016 2.99% 0.55

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 10.3% (0.16)
Mar 2026 10.4% 1.91
Dec 2025 8.52% 7.12
Sep 2025 1.40% (0.80)
42 more quarters

Against its own ten years

Low −5.67% High 35.5%
Ten-year median 3.30%
Current reading's percentile 55

Revenue growth against peers

Company Revenue growth
ESE ESCO Technologies Inc. compare 34.3%
CGNX Cognex Corporation compare 17.2%
MKSI MKS Inc. compare 16.3%
NOVT Novanta Inc. 7.61%
TRMB Trimble Inc. compare 5.80%
ST Sensata Technologies Holding N.V. compare 4.12%
VNT Vontier Corporation compare 0.88%
BMI Badger Meter, Inc. compare −2.21%
ITRI Itron, Inc. compare −3.63%
Scientific & Technical Instruments industry median 9.26%
Technology sector median 11.8%
Market median 7.40%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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