Novanta Inc. (NOVTU) Financial Statements (2026 and earlier)

Company Profile

Business Address 125 MIDDLESEX TURNPIKE
BEDFORD, MA 01730
State of Incorp. NB
Fiscal Year End December 31
Industry (SIC) 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments380,871113,989105,051100,105117,393125,054
Cash and cash equivalent380,871113,989105,051100,105117,393125,054
Receivables184,880151,026139,410137,697115,61775,054
Inventory, net of allowances, customer advances and progress billings188,284144,606149,371167,997125,65792,737
Inventory188,284144,606149,371167,997125,65792,737
Other undisclosed current assets28,56624,02721,46514,72015,15811,328
Total current assets:782,601433,648415,297420,519373,825304,173
Noncurrent Assets
Operating lease, right-of-use asset41,69742,90838,30243,31748,33834,444
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization118,491113,135109,449103,18687,43978,676
Intangible asset, including goodwill, after accumulated amortization828,124769,942629,529654,663700,489434,501
Goodwill647,348584,098484,507478,897479,500285,980
Intangible asset, excluding goodwill, after accumulated amortization180,776185,844145,022175,766220,989148,521
Deferred income tax assets27,38122,88727,86215,11312,20610,491
Other noncurrent assets8,8125,9915,6174,4145,5862,894
Total noncurrent assets:1,024,505954,863810,759820,693854,058561,006
TOTAL ASSETS:1,807,1061,388,5111,226,0561,241,2121,227,883865,179
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities164,219153,221126,018151,929171,507102,533
Taxes payable✕✕✕✕✕4,5145,787
Accounts payable94,86576,89057,19575,22568,51442,966
Accrued liabilities69,35476,33168,82376,70498,47953,780
Debt39,1194,6914,9684,8005,0975,508
Other undisclosed current liabilities9,0299,8798,1897,7937,3346,188
Total current liabilities:212,367167,791139,175164,522183,938114,229
Noncurrent Liabilities
Long-term debt and lease obligation212,538411,949349,404430,662475,061227,729
Long-term debt, excluding current maturities212,538411,949349,404430,662429,361194,927
Liabilities, other than long-term debt67,91463,07364,01768,44247,59346,412
Accounts payable and accrued liabilities3,9634,9414,4354,3554,2175,112
Deferred income tax liabilities18,09213,09316,30517,19433,73824,134
Other liabilities6,9864,4915,9326,0859,63817,166
Operating lease, liability38,87340,54837,34540,80845,70032,802
Total noncurrent liabilities:280,452475,022413,421499,104522,654274,141
Total liabilities:492,819642,813552,596663,626706,592388,370
Equity
Equity, attributable to parent1,314,287745,698673,460577,586521,291476,809
Common stock423,856423,856423,856423,856423,856423,856
Additional paid in capital572,05784,21470,18055,15553,76858,992
Accumulated other comprehensive loss(3,004)(29,921)(24,038)(32,009)(12,866)(12,241)
Retained earnings321,378267,549203,462130,58456,5336,202
Total equity:1,314,287745,698673,460577,586521,291476,809
TOTAL LIABILITIES AND EQUITY:1,807,1061,388,5111,226,0561,241,2121,227,883865,179

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues980,600949,245881,662860,903706,793590,623
Cost of revenue
(Cost of Product and Service Sold)		(545,316)(527,700)(481,765)(482,431)(406,465)(346,106)
Gross profit:435,284421,545399,897378,472300,328244,517
Operating expenses(341,272)(310,961)(289,401)(275,393)(236,274)(188,629)
Operating income:94,012110,584110,496103,07964,05455,888
Nonoperating expense(2,898)(29)(930)(304)(495)(921)
Gain (loss), foreign currency transaction, before tax(2,190)413(255)67(127)(942)
Other nonoperating income (expense)(708)(442)(675)(371)(368)21
Interest and debt expense(195)(236)(274)(308)(340)(1,000)
Income from continuing operations before equity method investments, income taxes:90,919110,319109,292102,46763,21953,967
Other undisclosed loss from continuing operations before income taxes(21,277)(31,253)(25,544)(15,308)(7,047)(5,564)
Income from continuing operations before income taxes:69,64279,06683,74887,15956,17248,403
Income tax expense(15,813)(14,979)(10,870)(13,108)(5,841)(3,882)
Income from continuing operations:53,82964,08772,87874,05150,33144,521
Income before gain (loss) on sale of properties:✕✕✕✕✕50,33144,521
Net income available to common stockholders, diluted:53,82964,08772,87874,05150,33144,521

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:53,82964,08772,87874,05150,33144,521
Other comprehensive income (loss)26,917(5,883)7,971(19,143)(625)5,872
Comprehensive income, net of tax, attributable to parent:80,74658,20480,84954,90849,70650,393

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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