NOVANTA INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $980.6M | $949.2M | $881.7M | $860.9M | $706.8M |
| Cost of revenue | $545.3M | $527.7M | $481.8M | $482.4M | $406.5M |
| Gross profit | $435.3M | $421.5M | $399.9M | $378.5M | $300.3M |
| Selling, general & administrative | $195.7M | $175.9M | $164.5M | $158.9M | $129.2M |
| Research and development | $95.5M | $95.5M | $91.7M | $85.8M | $72.5M |
| Operating expenses | $341.3M | $311.0M | $289.4M | $275.4M | $236.3M |
| Operating income | $94.0M | $110.6M | $110.5M | $103.1M | $64.1M |
| Pretax income | $69.6M | $79.1M | $83.7M | $87.2M | $56.2M |
| Income tax expense | $15.8M | $15.0M | $10.9M | $13.1M | $5.8M |
| Net income | $53.8M | $64.1M | $72.9M | $74.1M | $50.3M |
| Balance Sheet | |||||
| Cash and equivalents | $380.9M | $114.0M | $105.1M | $100.1M | $117.4M |
| Current assets | $782.6M | $433.6M | $415.3M | $420.5M | $373.8M |
| Total assets | $1.8B | $1.4B | $1.2B | $1.2B | $1.2B |
| Current liabilities | $212.4M | $167.8M | $139.2M | $164.5M | $183.9M |
| Total liabilities | $492.8M | $642.8M | $552.6M | $663.6M | $706.6M |
| Total debt | $250.8M | $416.6M | $354.4M | $435.5M | $434.5M |
| Stockholders' equity | $1.3B | $745.7M | $673.5M | $577.6M | $521.3M |
| Cash Flow Statement | |||||
| Cash from operations | $64.1M | $158.5M | $120.1M | $90.8M | $94.6M |
| Depreciation and amortization | $61.9M | $55.6M | $46.6M | $53.2M | $43.4M |
| Stock-based compensation | $29.5M | $23.3M | $25.6M | $23.1M | $25.6M |
| Capital expenditure | $15.6M | $17.2M | $20.0M | $19.6M | $20.0M |
| Free cash flow | $48.4M | $141.3M | $100.1M | $71.1M | $74.6M |
| Share repurchases | $39.3M | — | — | $10.0M | — |
| Impairments | — | — | $2.5M | — | — |
Shares outstanding 35.6M · Free float 87.2%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.