Novanta Inc.
NOVT
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Novanta Inc. operates in the growing scientific and technical instruments industry, which is experiencing increased demand due to advancements in technology and automation.
- Revenue increased by 3% compared to the prior quarter, reaching $266 million.
- Gross margin improved to 45.5%, up from 44.1% in the previous quarter.
- The company's high trailing P/E ratio of 94.37 may indicate overvaluation compared to industry peers.
- Net income decreased to $12.541 million in Q2 2026 from $21.099 million in Q1 2026.
- Operating margin has shown a downward trend, declining from 13.99% in 2023 to 11.50% in Q3 2025.
Fundamentals
| Market cap | $5.16B | Enterprise value | $4.72B | Trailing P/E | 86.28 | Forward P/E | 31.22 |
| PEG | — | Price / book | 3.19 | Beta | 1.73 | Dividend yield | 0.00% |
| Revenue growth | 10.3% | Earnings growth | 150.0% | Gross margin | 44.5% | Operating margin | 11.5% |
| Profit margin | 6.0% | ROE | 5.1% | ROA | 4.1% | Debt / equity | 0.18 |
| Current ratio | 4.57 | Free cash flow | $118.38M | Analyst recommendation | strong_buy | Mean target | $194.50 |
| 52w high | $176.38 | 52w low | $98.27 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $266M | $258M | $258M | $248M | $241M |
| Op margin | 11.5% | 11.7% | 11.9% | 11.5% | 11.4% |
| Net income | $12.5M | $21.1M | $17.5M | $10.7M | $4.5M |
| Gross margin | 45.5% | 44.1% | 43.8% | 44.8% | 44.3% |
| Gross profit | $121M | $114M | $113M | $111M | $107M |
| Operating income | $30.6M | $30.1M | $30.7M | $28.5M | $27.5M |
- Revenue +3% vs prior quarter ($266M vs $258M).
- Gross margin 45.5% (was 44.1% prior quarter).
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $981M | $949M | $882M | $861M |
| Op margin | 11.9% | 13.1% | 14.0% | 12.5% |
| Net income | $53.8M | $64.1M | $72.9M | $74.1M |
| Gross margin | 44.4% | 44.4% | 45.4% | 44.0% |
| Gross profit | $435M | $422M | $400M | $378M |
| Operating income | $117M | $124M | $123M | $107M |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-08 · FuelCell Energy, Novanta, FTAI Infrastructure, NN, and Hertz Shares Are Falling, What You Need To Know
2026-10-08 · 2 of Wall Street’s Favorite Stocks Worth Your Attention and 1 Facing Headwinds
2026-10-06 · 2 Industrials Stocks to Target This Week and 1 We Avoid
2026-10-02 · FuelCell Energy, Nextpower, Wabash, Avis Budget Group, and Novanta Shares Skyrocket, What You Need To Know
2026-09-29 · 2 Profitable Stocks on Our Watchlist and 1 We Find Risky
2026-09-19 · Is Novanta (NOVT) A Bargain Following Strong Growth And Demand Outlook?
2026-09-19 · Is Novanta’s (NOVT) High-Margin Revenue Momentum Redefining Its Competitive Moat?
2026-09-18 · 1 High-Flying Stock Worth Your Attention and 2 We Ignore
2026-09-08 · The Zacks Analyst Blog Highlights FANUY, ABBNY, KYCCF, NVDA, ISRG, ILMN, NOVT, BOTZ, ROBO, ROBT and IBOT
2026-09-04 · Novanta’s (NOVT) Second Quarter Shows Profits Outrunning Sales
2026-08-28 · Novanta to Present at Baird Global Healthcare Conference on Tuesday, September 15, 2026
2026-08-18 · Recent Price Trend in Novanta (NOVT) is Your Friend, Here's Why
Price (daily)
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