Novanta Inc. (NOVT) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.0B	980.6M	949.2M	881.7M	860.9M
Cost of Revenue	591.8M	572.8M	527.7M	481.8M	482.4M
Gross Profit	437.9M	407.8M	421.5M	399.9M	378.5M
Operating Expenses
R&D Expense	94.2M	95.5M	95.5M	91.7M	85.8M
SG&A Expense	217.3M	195.7M	175.9M	164.5M	158.9M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	18.9M	—	39.5M	33.3M	30.7M
Total Operating Expenses	330.4M	291.1M	311.0M	289.4M	275.4M
Cost and Expenses	922.3M	863.9M	838.7M	771.2M	757.8M
Operating Income (EBIT)	107.4M	116.7M	110.6M	110.5M	103.1M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	13.0M	21.5M	31.5M	25.8M	15.6M
Net Interest Income	(13.0M)	(21.5M)	(31.5M)	(25.8M)	(15.6M)
Other Non-Op Income/Expense	(27.7M)	(47.0M)	(31.5M)	(26.7M)	(15.9M)
Non-Operating Income (excl Interest)	14.8M	25.6M	(13.7M)	(12.8M)	(4.4M)
EBT (Pre-Tax Income)	79.7M	69.6M	79.1M	83.7M	87.2M
Income Tax Expense	17.9M	15.8M	15.0M	10.9M	13.1M
Bottom Line
Net Income	61.8M	53.8M	64.1M	72.9M	74.1M
Earnings from Cont. Ops	61.8M	53.8M	64.1M	72.9M	74.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	61.8M	53.8M	64.1M	72.9M	74.1M
Per Share
Basic EPS	$1.59	$1.47	$1.78	$2.03	$2.08
Diluted EPS	$1.56	$1.47	$1.77	$2.02	$2.06
Revenue Per Share	$25.11	$26.80	$26.40	$24.60	$24.15
Shares
Basic Shares Outstanding	41.0M	36.6M	36.0M	35.8M	35.7M
Diluted Shares Outstanding	41.2M	36.7M	36.1M	36.0M	35.9M
Profitability Metrics
EBITDA	139.6M	153.0M	179.9M	169.9M	160.6M
D&A	46.9M	61.9M	55.6M	46.6M	53.2M
EBIT	92.6M	91.1M	124.3M	123.3M	107.5M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026