
Novanta Income Statement 2025-2008 | NOVT
Brief overview of revenue and earnings at Novanta
The overview follows changes across a five-year period. Revenue reported by Novanta was $591 million at the beginning of the period and $981 million at the end. The total change was +66%, with a CAGR of approximately 10.7%. The trajectory reflects meaningful expansion of the business.
Gross profit was 245 million dollars at the start and 435 million dollars at the end of the period (+78%). Direct costs grew more slowly than revenue and improved the economics of sales. At the margin level, the figure shifted from 41.4% to 44.4%. The margin shift points to a more favorable sales-and-cost structure.
The five-year EBITDA result moved by +65.6%: from $94.2 million to $156 million. Operating performance was consistent with the change in sales. At the operating-margin level, the figure shifted from 15.9% to 15.9%. EBITDA as a share of revenue remained steady.
The five-year change in net income was +20.9%: from 44.5 million dollars to 53.8 million dollars. The final result remained comparatively stable.
Over the period, capitalization shifted from $4.7 billion to $5.2 billion (+11.7%). Market value supported the favorable financial trajectory.
Conclusion
The indicators form a favorable picture of business development. The constructive conclusion rests on improving gross profitability, a steady EBITDA margin and a larger revenue base. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Novanta
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
5.2 B | 5.32 B | 5.98 B | 4.94 B | 4.84 B | 4.65 B | 3.3 B | 2.37 B | 2.04 B | 788 M | 427 M | 454 M | 374 M | 317 M | 391 M | 192 M | 42 M | - |
Shares |
36.6 M | 36 M | 35.8 M | 35.7 M | 35.4 M | 35.1 M | 35 M | 34.9 M | 34.8 M | 34.7 M | 34.6 M | 34.4 M | 34.1 M | 33.8 M | 33.5 M | 23.7 M | 15.9 M | - |
Historical Prices |
142 | 148 | 167 | 139 | 137 | 132 | 89.2 | 81.7 | 55.9 | 24.3 | 12.9 | 13.2 | 12.6 | 9.6 | 11.5 | 8.1 | 2.64 | 23.4 |
Net Income |
53.8 M | 64.1 M | 72.9 M | 74.1 M | 50.3 M | 44.5 M | 40.8 M | 49.1 M | 60.1 M | 22 M | 35.6 M | -24.3 M | 7.31 M | 19.5 M | 29 M | -687 K | -71.3 M | - |
Revenue |
981 M | 949 M | 882 M | 861 M | 707 M | 591 M | 626 M | 614 M | 521 M | 385 M | 374 M | 365 M | 342 M | 271 M | 366 M | - | - | - |
Cost of Revenue |
545 M | 528 M | 482 M | 482 M | 406 M | 346 M | 364 M | 353 M | 301 M | 222 M | 216 M | 215 M | 185 M | - | - | - | - | - |
Gross Profit |
435 M | 422 M | 400 M | 378 M | 300 M | 245 M | 262 M | 262 M | 221 M | 162 M | 158 M | 150 M | 139 M | 114 M | 160 M | 131 M | 98.5 M | - |
Operating Income |
94 M | 111 M | 110 M | 103 M | 64.1 M | 55.9 M | 55.3 M | 71 M | 57.6 M | 33 M | 28.9 M | -16.8 M | 19.4 M | 20.3 M | 35.8 M | 36 M | -20.2 M | - |
Interest Expense |
-708 K | -442 K | -675 K | -371 K | -368 K | 21 K | -243 K | -44 K | -229 K | 1.81 M | 2.66 M | 2.71 M | 1.5 M | 579 K | 13.1 M | 19.9 M | 27.8 M | - |
EBITDA |
156 M | 166 M | 157 M | 156 M | 107 M | 94.2 M | 87.7 M | 94.6 M | 76.8 M | 48.8 M | 44.8 M | 36.8 M | 31.6 M | 26.5 M | 49.8 M | 51.7 M | -2.91 M | - |
Operating Expenses |
341 M | 311 M | 289 M | 275 M | 236 M | 189 M | 190 M | 182 M | 156 M | 122 M | 121 M | 124 M | 115 M | 90.6 M | 114 M | 94.6 M | 119 M | - |
General and Administrative Expenses |
196 M | 176 M | 164 M | 159 M | 129 M | 110 M | 118 M | 116 M | 102 M | 81.7 M | 82 M | 84.4 M | 81.4 M | 65.6 M | 78.7 M | 64.5 M | 60.4 M | - |
All numbers in USD currency
Quarterly Income Statement Novanta
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
41 M | 40.4 M | 36 M | 36 M | 36 M | 35.9 M | 36 M | 35.9 M | 35.9 M | 35.8 M | 35.9 M | 35.9 M | 35.8 M | 35.7 M | 35.7 M | 35.6 M | 35.5 M | 35.6 M | 35.4 M | 35.4 M | 35.3 M | 35.2 M | 35.1 M | 35.1 M | 35.2 M | 35.1 M | 35.1 M | 35 M | 35 M | 34.9 M | 34.9 M | 34.9 M | 34.9 M | 34.6 M | 34.8 M | 34.8 M | 34.8 M | 34.5 M | 34.7 M | 34.7 M | 34.7 M | 34.3 M | 34.6 M | 34.6 M | 34.5 M | 34.2 M | 34.4 M | 34.4 M | 34.2 M | 34 M | 34.1 M | 34.1 M | 34 M | 33.8 M | 33.8 M | 33.8 M | 33.7 M | 33.5 M | 33.5 M | 33.5 M | 33.4 M |
Net Income |
12.5 M | 21.1 M | 10.7 M | 4.5 M | 21.2 M | - | 19.2 M | 13.8 M | 14.7 M | - | 21.2 M | 20.9 M | 18.3 M | - | 22.5 M | 17.5 M | 18.8 M | - | 13.6 M | 11.7 M | 11.3 M | - | 8.26 M | 11.7 M | 11.9 M | - | 8.92 M | 10.4 M | 12.3 M | - | 14.6 M | 11 M | 11.9 M | - | 7.53 M | 9.4 M | 34.3 M | - | 7.47 M | 4.87 M | 1.91 M | 6.1 M | 6.57 M | 19.5 M | 3.45 M | -30.5 M | 4.52 M | 725 K | 983 K | 4.31 M | 1.79 M | -871 K | 2.08 M | 15.8 M | -2.53 M | 4.87 M | 1.38 M | 3.86 M | 8.84 M | 10.1 M | 6.21 M |
Revenue |
266 M | 258 M | 248 M | 241 M | 233 M | - | 244 M | 236 M | 231 M | - | 222 M | 229 M | 219 M | - | 223 M | 215 M | 204 M | - | 178 M | 168 M | 163 M | - | 143 M | 145 M | 155 M | - | 154 M | 155 M | 157 M | - | 161 M | 150 M | 147 M | - | 146 M | 119 M | 109 M | - | 97.8 M | 97.7 M | 90.3 M | 90.2 M | 92.3 M | 96.5 M | 94.6 M | 94 M | 94.7 M | 96.9 M | 79.1 M | 82.2 M | 79.9 M | 79.8 M | 75.1 M | 66.4 M | 69.5 M | 70.4 M | 65.2 M | 65.5 M | 78.7 M | 82.6 M | 91.9 M |
Cost of Revenue |
145 M | 144 M | 137 M | 134 M | 129 M | - | 135 M | 132 M | 130 M | - | 120 M | 125 M | 121 M | - | 125 M | 120 M | 114 M | - | 101 M | 95.1 M | 93.8 M | - | 83.8 M | 86 M | 91 M | - | 90 M | 89.4 M | 90.9 M | - | 91.2 M | 85.2 M | 84.8 M | - | 87.6 M | 65.6 M | 62.9 M | - | 56.6 M | 56.2 M | 53.4 M | 53.6 M | 52.4 M | 55.1 M | 54.6 M | 54.3 M | 55 M | 58.3 M | 47 M | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
121 M | 114 M | 111 M | 107 M | 104 M | - | 109 M | 104 M | 100 M | - | 102 M | 104 M | 97.6 M | - | 98.4 M | 95.2 M | 90.3 M | - | 76.3 M | 72.4 M | 68.7 M | - | 59.1 M | 58.7 M | 64.4 M | - | 64.1 M | 65.8 M | 66.3 M | - | 69.6 M | 65.2 M | 62.2 M | - | 58.7 M | 53.5 M | 46.1 M | - | 41.2 M | 41.5 M | 36.9 M | 36.6 M | 39.9 M | 41.3 M | 40 M | 39.7 M | 39.7 M | 38.7 M | 32.1 M | 34.2 M | 34.2 M | 33.2 M | 30.6 M | 27.3 M | 28.9 M | 30.7 M | 27.7 M | 27.8 M | 34.6 M | 37 M | 39.9 M |
Operating Income |
18.1 M | 27.5 M | 21.8 M | 14.9 M | 32.4 M | - | 32.6 M | 25.7 M | 25.6 M | - | 30.3 M | 32.2 M | 26.3 M | - | 28.7 M | 23.3 M | 24.3 M | - | 15.3 M | 16 M | 11.1 M | - | 11.9 M | 13.7 M | 13.2 M | - | 12.8 M | 15.1 M | 14.4 M | - | 21 M | 17.1 M | 17.2 M | - | 12.4 M | 15.7 M | 10.3 M | - | 11 M | 7.6 M | 2.59 M | 4.21 M | 9.01 M | 10.3 M | 5.4 M | -34.2 M | 6.82 M | 6.48 M | 4.07 M | 6.8 M | 5.8 M | 5.39 M | 1.46 M | 3.3 M | 3.79 M | 5.1 M | 2.82 M | 3.78 M | 10.8 M | 11.5 M | 11.1 M |
Interest Expense |
-256 K | -73 K | -90 K | -563 K | 9 K | - | -49 K | -55 K | -116 K | - | -189 K | -191 K | -166 K | - | 87 K | 68 K | -545 K | - | -71 K | -97 K | -70 K | - | -14 K | -22 K | 83 K | - | -48 K | -70 K | -68 K | - | -44 K | -46 K | -41 K | - | -138 K | -119 K | -31 K | - | 686 K | 270 K | 743 K | - | 878 K | 20 M | 729 K | - | 733 K | 419 K | 581 K | -847 K | 542 K | 293 K | 369 K | -772 K | 167 K | 45 K | 828 K | -2.51 M | 3.28 M | 3.41 M | 3.67 M |
EBITDA |
32.7 M | 41.7 M | 37.6 M | 30.5 M | 46 M | - | 46.7 M | 39.8 M | 38.5 M | - | 41.7 M | 44.1 M | 38 M | - | 41.8 M | 37.1 M | 38.3 M | - | 26.2 M | 25.9 M | 20.9 M | - | 21.5 M | 23.1 M | 22.6 M | - | 22.6 M | 24.1 M | 23.5 M | - | 30.2 M | 26.2 M | 26.3 M | - | 21.3 M | 22.8 M | 16.8 M | - | 16.2 M | 12.5 M | 8.42 M | 6.23 M | 13.7 M | 14.9 M | 10.2 M | -31.4 M | 13.2 M | 12.8 M | 8.9 M | 8.44 M | 10.6 M | 15.4 M | 6.72 M | 3.3 M | 14.2 M | 12.3 M | 6.62 M | 3.78 M | 22.3 M | 19.2 M | 15 M |
Operating Expenses |
103 M | 86 M | 89.1 M | 91.8 M | 71.9 M | - | 76.7 M | 78 M | 74.8 M | - | 71.3 M | 71.9 M | 71.3 M | - | 69.7 M | 72 M | 66 M | - | 61 M | 56.4 M | 57.6 M | - | 47.2 M | 45 M | 51.2 M | - | 51.3 M | 50.7 M | 51.9 M | - | 48.6 M | 48.1 M | 44.9 M | - | 46.3 M | 37.7 M | 35.8 M | - | 30.2 M | 33.9 M | 34.3 M | 32.4 M | 30.9 M | 31 M | 34.6 M | 73.9 M | 32.9 M | 32.2 M | 28 M | 27.4 M | 28.4 M | 27.8 M | 29.2 M | 24 M | 25.1 M | 25.6 M | 24.9 M | 24 M | 23.8 M | 25.5 M | 28.8 M |
General and Administrative Expenses |
60 M | 54.4 M | 51.4 M | 47.1 M | 45.6 M | - | 44.3 M | 44.8 M | 43.5 M | - | 39.6 M | 42.2 M | 40.9 M | - | 40.3 M | 40.5 M | 39.4 M | - | 31.3 M | 31.2 M | 31.7 M | - | 26.8 M | 24.9 M | 30.8 M | - | 27.9 M | 29.2 M | 31.8 M | - | 29.1 M | 29.2 M | 29.2 M | - | 27.6 M | 23.8 M | 22.9 M | - | 21 M | 20.2 M | 21.2 M | 19.1 M | 20 M | 20.9 M | 22.1 M | 21.8 M | 21.5 M | 21.4 M | 19.6 M | 19.3 M | 19 M | 19.4 M | 18.7 M | - | 16.1 M | 16.8 M | 16.2 M | - | 16.6 M | 18.6 M | 19.3 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Novanta (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.