Novanta Cost of Revenue 2011-2025 | NOVT

Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.

What is included in the cost of revenue

Cost Category	Examples
Production Costs	Materials, wages of production staff, depreciation of equipment
Service and Support	Customer service, user support, technical assistance
Delivery and Logistics	Packaging, delivery of goods to customers
Hosting and Infrastructure	Servers, cloud platforms (especially for IT and SaaS companies)
Content and Licenses	License purchases, production royalties (e.g., in streaming services)

Importance of the Metric

Helps to understand how costly the revenue-generating process is.
A high cost of revenue may indicate:
Poor cost control
Low operational efficiency
A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.

Annual Cost of Revenue Novanta

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
528 M	482 M	482 M	406 M	346 M	364 M	353 M	301 M	222 M	216 M	215 M	185 M	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
528 M	185 M	342 M

Quarterly Cost of Revenue Novanta

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
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	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
137 M	47 M	90 M

Cost of Revenue of other stocks in the Scientific technical instruments industry

Issuer	Cost of Revenue	Price	% 24h	Market Cap	Country
CyberOptics Corporation CYBE	49.6 M	-	-	$ 401 M	USA
Electro-Sensors ELSE	4.31 M	$ 4.55	-	$ 15.6 M	USA
Genasys GNSS	13.8 M	$ 2.11	-1.86 %	$ 93.5 M	USA
Itron ITRI	1.6 B	$ 96.3	-2.0 %	$ 4.37 B	USA
Bonso Electronics International BNSO	7.68 M	-	-5.08 %	$ 5.44 M	China
Keysight Technologies KEYS	1.85 B	$ 208.61	-2.58 %	$ 36.3 B	USA
MIND Technology MIND	25.9 M	$ 8.51	-2.43 %	$ 34.7 K	USA
Cognex Corporation CGNX	289 M	$ 35.78	-3.0 %	$ 6.13 B	USA
ESCO Technologies ESE	634 M	$ 204.56	-0.96 %	$ 5.28 B	USA
Fortive Corporation FTV	2.5 B	$ 54.8	-1.19 %	$ 19.1 B	USA
Garmin Ltd. GRMN	2.6 B	$ 208.38	-0.72 %	$ 40 B	Schweiz
Mesa Laboratories MLAB	90.1 M	$ 78.03	-0.73 %	$ 423 M	USA
MicroVision MVIS	2.77 M	$ 0.94	-3.98 %	$ 172 M	USA
FARO Technologies FARO	155 M	-	-	$ 842 M	USA
Luna Innovations Incorporated LUNA	43 M	-	-58.85 %	$ 27.4 M	USA
Trimble TRMB	1.29 B	$ 80.72	-3.15 %	$ 19.8 B	USA
MKS Instruments MKSI	1.88 B	$ 154.4	-7.44 %	$ 10.4 B	USA
Vontier Corporation VNT	1.52 B	$ 37.06	-0.27 %	$ 5.66 B	USA
Schmitt Industries SMIT	4.82 M	-	10.39 %	$ 1.62 M	USA
Sensata Technologies Holding plc ST	2.78 B	$ 34.65	-3.75 %	$ 5.21 B	Niderland
Teledyne Technologies Incorporated TDY	3.2 B	$ 517.43	-1.08 %	$ 24.4 B	USA
Velodyne Lidar VLDR	67.8 M	-	-	$ 300 M	USA
Vishay Precision Group VPG	181 M	$ 38.15	-2.15 %	$ 509 M	USA
Energous Corporation WATT	756 K	$ 5.31	-1.39 %	$ 38 M	USA