Novanta Inc logo

Novanta Inc

NOVT
Last price US$141.56
Market cap US$5.6b
12M price change 13.01%
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Novanta Inc Overview

Industry: Scientific & Technical Instruments

Sector: Technology

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion in the United States and internationally. The company operates through three segments: Photonics, Vision, and Precision Motion. The Photonics segment offers photonics-based solutions, including laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. The Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force and distributors under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, ATI Industrial Automation, Celera Motion, IMS, MicroE, Applimotion, Zettlex, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is headquartered in Bedford, Massachusetts. Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion in the United States and internationally. The company operates through three segments: Photonics, Vision, and Precision Motion. The Photonics segment offers photonics-based Read More

Mavefund brings filings, fundamentals, valuation, price history and news for Novanta Inc into one research view. The sections below show what strengthens or weakens the research case.

Score

Reported Results

What the company reported, with filing details kept small.

Filed May 11, 2026

Quarterly result summary

Revenue was $257.7M (+10.4% YoY); EPS was $0.51 (reported).

Revenue $257.7M +10.4% YoY
EPS $0.51 reported
Operating income $27.5M reported
Net income $21M +14% YoY

What changed

  • Revenue +10.4% YoY to $257.7M; EPS reported to $0.51.
  • Net income +14% YoY to $21M.
  • Adjusted EBITDA +14% YoY to $57M.

Guidance / outlook

the Company expects GAAP revenue to be in the range of $259 million to $264 million.

Earnings release Open filing

Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.

Other recent earnings materials

Prediction-grade evidence

Recent News

Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.

Earnings Per Share

Score 3.00/5
Novanta Inc boasts a high score, as its Earnings Per Share (EPS) has demonstrated consistent growth over the past six years. Notable counterparts in the sector with high scores includes Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
In Scientific & Technical Instruments industry , Keysight Technologies Inc , Garmin Ltd , Badger Meter are companies with high ratings.

Return on Equity

Score 2.99/5
Novanta Inc stands out with a superior score in the Return on Equity (ROE) section, surpassing the sector median value and showcasing its strong performance in this metric. The top companies in the same sector include Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
Novanta Inc NOVT US$5.6b
Applied Mate... AMAT US$478.4b
Alphabet Inc... GOOGL US$4.3t
Check Point ... CHKP US$14.4b

Net Margin

Score 4.28/5
Novanta Inc commands a high score, propelled by its net margin consistently outpacing the sector median value and exhibiting continuous growth in recent six years; noteworthy counterparts in the sector, boasting similarly high scores, include Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
Novanta Inc NOVT US$5.6b
Applied Mate... AMAT US$478.4b
Alphabet Inc... GOOGL US$4.3t
Check Point ... CHKP US$14.4b

Share Buyback

In Scientific & Technical Instruments industry , Keysight Technologies Inc , Garmin Ltd , Badger Meter are companies with high ratings.

Leverage

Score 2.48/5
Novanta Inc registers a lower score in the category as a result of its elevated leverage ratio over the past six years compared to the sector median value. Conversely, other companies in the same sector, including Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd have achieved high scores.
Novanta Inc NOVT US$5.6b
Applied Mate... AMAT US$478.4b
Alphabet Inc... GOOGL US$4.3t
Check Point ... CHKP US$14.4b

Financial Statements

Company-reported SEC EDGAR facts organized into the three core statements.

Verified SEC statements load when this section enters view.

Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.

Financial Ratio

Yearly Quarterly

Financial
Profitability
Growth
Cash Flow
Financial Health
Efficiency Ratios

Novanta Inc logo

Novanta Inc

US$141.56

US$21.76

-84.6% vs price

US$5.6b

-4.79%

13.01%