Novanta Inc. (NOVT)

Nasdaq: NOVT · Miscellaneous Electrical Machinery, Equipment & Supplies · Bedford, MA · filing with the SEC since 1999

Grade6.8

◀ Past 6.9● Present 7.3▶ Future 6.2

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 23, 2026	Feb 25, 2025	Feb 28, 2024	Mar 1, 2023	Mar 1, 2022	Mar 1, 2021	Feb 26, 2020	Feb 27, 2019	Feb 28, 2018	Mar 6, 2017
Revenue	980,600	949,245	881,662	860,903	706,793	590,623	626,099	614,337	521,290	384,758
For lenders
Net interest income	·	·	·	·	·	·	·	·	-7,165	-4,559
Cost of revenue	545,316	527,700	481,765	482,431	406,465	346,106	364,014	352,809	300,759	222,306
Gross profit	435,284	421,545	399,897	378,472	300,328	244,517	262,085	261,528	220,531	162,452
Research and development	95,484	95,515	91,682	85,770	72,522	60,996	55,965	51,024	41,673	32,002
Selling, general and administrative	195,659	175,943	164,460	158,901	129,155	109,853	118,407	115,900	101,654^r	81,299^r
Total operating expenses	341,272	310,961	289,401	275,393	236,274	188,629	206,803	190,515	162,965^r	129,497^r
Operating income	94,012	110,584	110,496	103,079	64,054	55,888	55,282	71,013	57,566^r	32,955^r
Interest income (expense), net	-21,472	-31,489	-25,818	-15,616	-7,387	-6,564	-8,493	-9,814	-7,165	-4,559
Share of profit of equity-method investments	·	·	·	·	·	·	·	·	104	2,191
Other income (expense), net	-708	-442	-675	-371	-368	21	-243	-44	-229^r	1,809^r
Income before income taxes	69,642	79,066	83,748	87,159	56,172	48,403	45,766	61,302	76,134	32,522
Income tax expense	15,813	14,979	10,870	13,108	5,841	3,882	4,993	10,207	13,827	10,519
Income from continuing operations	·	·	·	·	·	·	·	·	60,051	22,003
Net income including non-controlling interests	53,829	64,087	72,878	74,051	50,331	44,521	40,773	51,095	62,307	22,003
Net income	53,829	64,087	72,878	74,051	50,331	44,521	40,773	49,109	60,051	22,003
Earnings per share, basic	1.47	1.78	2.03	2.08	1.42	1.27	1.16	1.46	1.14	0.63
Earnings per share, diluted	1.47	1.77	2.02	2.06	1.41	1.25	1.15	1.43	1.13	0.63
Weighted average shares, basic	36,589	35,950	35,844	35,652	35,396	35,144	35,030	34,913	34,817	34,694
Weighted average shares, diluted	36,702	36,124	36,031	35,909	35,781	35,654	35,546	35,473	35,280	34,914

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton NOVT · research, not advice