NOVT
Income statement / Annual
Last year (2025), Novanta Inc's total revenue was $980.60 M,
an increase of 3.30% from the previous year.
In 2025, Novanta Inc's net income was $53.83 M.
See Novanta Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$980.60 M |
$949.25 M |
$881.66 M |
$860.90 M |
$706.79 M |
$590.62 M |
$626.10 M |
$614.34 M |
$521.29 M |
$384.76 M |
| Cost of Revenue |
$545.32 M
|
$527.70 M
|
$481.77 M
|
$482.43 M
|
$406.47 M
|
$346.11 M
|
$364.01 M
|
$352.81 M
|
$300.76 M
|
$222.31 M
|
| Gross Profit |
$435.28 M
|
$421.55 M
|
$399.90 M
|
$378.47 M
|
$300.33 M
|
$244.52 M
|
$262.09 M
|
$261.53 M
|
$220.53 M
|
$162.45 M
|
| Gross Profit Ratio |
0.44
|
0.44
|
0.45
|
0.44
|
0.42
|
0.41
|
0.42
|
0.43
|
0.42
|
0.42
|
| Research and Development Expenses |
$95.48 M
|
$95.52 M
|
$91.68 M
|
$85.77 M
|
$72.52 M
|
$61.00 M
|
$55.97 M
|
$51.02 M
|
$41.67 M
|
$32.00 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$195.66 M
|
$175.94 M
|
$164.46 M
|
$158.90 M
|
$129.16 M
|
$109.85 M
|
$118.41 M
|
$115.90 M
|
$102.03 M
|
$81.69 M
|
| Other Expenses |
$27.48 M
|
$39.50 M
|
$33.26 M
|
$30.72 M
|
$34.60 M
|
$17.78 M
|
$32.43 M
|
$23.59 M
|
$19.27 M
|
$15.80 M
|
| Operating Expenses |
$318.62 M
|
$310.96 M
|
$289.40 M
|
$275.39 M
|
$236.27 M
|
$188.63 M
|
$206.80 M
|
$190.52 M
|
$162.97 M
|
$129.50 M
|
| Cost And Expenses |
$863.94 M
|
$838.66 M
|
$771.17 M
|
$757.82 M
|
$642.74 M
|
$534.74 M
|
$570.82 M
|
$543.32 M
|
$464.10 M
|
$352.20 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$21.47 M
|
$31.49 M
|
$25.82 M
|
$15.62 M
|
$7.39 M
|
$6.56 M
|
$8.49 M
|
$9.81 M
|
$7.17 M
|
$4.56 M
|
| Depreciation & Amortization |
$61.93 M
|
$55.56 M
|
$46.61 M
|
$53.16 M
|
$43.39 M
|
$38.29 M
|
$38.28 M
|
$37.05 M
|
$30.76 M
|
$20.36 M
|
| EBITDA |
$153.05 M |
$179.86 M |
$169.92 M |
$160.62 M |
$125.47 M |
$97.99 M |
$110.14 M |
$116.06 M |
$100.25 M |
$61.43 M |
| EBITDA Ratio |
0.16
|
0.19
|
0.19
|
0.19
|
0.18
|
0.17
|
0.18
|
0.19
|
0.19
|
0.16
|
| Operating Income Ratio |
0.12
|
0.12
|
0.13
|
0.12
|
0.09
|
0.09
|
0.09
|
0.12
|
0.11
|
0.09
|
| Total Other Income/Expenses Net |
-$47.02 M
|
-$31.52 M
|
-$26.75 M
|
-$15.92 M
|
-$7.88 M
|
-$7.49 M
|
-$9.52 M
|
-$9.71 M
|
$18.57 M
|
-$433.00 K
|
| Income Before Tax |
$69.64 M
|
$79.07 M
|
$83.75 M
|
$87.16 M
|
$56.17 M
|
$48.40 M
|
$45.77 M
|
$61.30 M
|
$76.13 M
|
$32.52 M
|
| Income Before Tax Ratio |
0.07
|
0.08
|
0.09
|
0.1
|
0.08
|
0.08
|
0.07
|
0.1
|
0.15
|
0.08
|
| Income Tax Expense |
$15.81 M
|
$14.98 M
|
$10.87 M
|
$13.11 M
|
$5.84 M
|
$3.88 M
|
$4.99 M
|
$10.21 M
|
$13.83 M
|
$10.52 M
|
| Net Income |
$53.83 M
|
$64.09 M
|
$72.88 M
|
$74.05 M
|
$50.33 M
|
$44.52 M
|
$40.77 M
|
$49.11 M
|
$60.05 M
|
$22.00 M
|
| Net Income Ratio |
0.05
|
0.07
|
0.08
|
0.09
|
0.07
|
0.08
|
0.07
|
0.08
|
0.12
|
0.06
|
| EPS |
1.47 |
1.78 |
2.03 |
2.08 |
1.42 |
1.27 |
1.16 |
1.46 |
1.14 |
0.63 |
| EPS Diluted |
1.47 |
1.77 |
2.02 |
2.06 |
1.41 |
1.25 |
1.15 |
1.43 |
1.13 |
0.63 |
| Weighted Average Shares Out |
$36.59 M
|
$35.95 M
|
$35.84 M
|
$35.65 M
|
$35.40 M
|
$35.14 M
|
$35.03 M
|
$34.91 M
|
$34.82 M
|
$34.69 M
|
| Weighted Average Shares Out Diluted |
$36.70 M
|
$36.12 M
|
$36.03 M
|
$35.91 M
|
$35.78 M
|
$35.65 M
|
$35.55 M
|
$35.47 M
|
$35.28 M
|
$34.91 M
|
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