Novanta Inc (NASDAQ:NOVT)
Insiders here have filed 1 Form 4 in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Profitable, but on a thin margin.
- Revenue
- $1.03B
- Net income
- $61.8M
- Net margin
- 6.0%
Little or no net debt.
- Total debt
- $282.8M
- Cash
- $718.6M
- Net debt / EBITDA
- -2.83x
Comfortably covers what is due within a year.
- Current assets
- $1.12B
- Current liabilities
- $245.9M
- Current ratio
- 4.57
The business funds itself from operations.
- Operating cash flow
- $133.8M
- Free cash flow
- $114.3M
- FCF margin
- 11.1%
Some dilution over the past year.
- Shares outstanding
- 41.0M
- Share growth (1y)
- 13.8%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
NOVT Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jul 3, 2026 | Apr 3, 2026 | Dec 31, 2025 | Sep 26, 2025 | Jun 27, 2025 | Mar 28, 2025 |
| Revenue | 265.81 M | 257.71 M | 258.35 M | 247.84 M | 241.05 M | 233.37 M |
| Revenue Growth (YoY) | 10.27 % | 10.43 % | 8.52 % | 1.40 % | 2.20 % | 1.06 % |
| Cost of Revenue | 144.89 M | 149.90 M | 153.21 M | 143.84 M | 141.17 M | 134.57 M |
| Gross Profit | 120.92 M | 107.80 M | 105.14 M | 103.99 M | 99.88 M | 98.80 M |
| SG&A Expense | 59.97 M | 54.41 M | 51.58 M | 51.38 M | 47.10 M | 45.60 M |
| R&D Expense | 23.97 M | 23.25 M | 22.87 M | 24.09 M | 25.29 M | 23.24 M |
| Operating Expenses | 102.85 M | 77.66 M | 74.45 M | 75.47 M | 72.39 M | 68.83 M |
| Operating Income | 18.06 M | 30.14 M | 30.69 M | 28.52 M | 27.48 M | 29.97 M |
| Pretax Income | 15.90 M | 26.35 M | 21.68 M | 15.76 M | 5.79 M | 26.42 M |
| Tax Provision | 3.36 M | 5.25 M | 4.21 M | 5.11 M | 1.29 M | 5.21 M |
| Net Income | 12.54 M | 21.10 M | 17.47 M | 10.65 M | 4.50 M | 21.21 M |
| EPS (Basic) | 0.31 | 0.52 | 0.46 | 0.30 | 0.12 | 0.59 |
| EPS (Diluted) | 0.30 | 0.51 | 0.45 | 0.30 | 0.12 | 0.59 |
| Shares Outstanding | 41.01 M | 40.42 M | 38.24 M | 35.97 M | 36.02 M | 36.02 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.