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NOVT

Novanta Inc.

Information TechnologyElectronic Equipment
Ticker NOVTBEDFORD, MAFiscal year ends DecemberBook value per share $39.54Diluted shares 40.9M

Novanta Inc. (Nasdaq: NOVT) supplies proprietary technology components and subsystems to medical, life science, and advanced industrial original equipment manufacturers (OEMs). Its products support applications including minimally invasive and robotic surgery, ophthalmology, laboratory automation, laser materials… From the company’s description.

In fiscal 2025, Novanta Inc. reported revenue of $980.60M, up 3.3% from fiscal 2024, and net income of $53.83M. Its operating margin was 9.6%, and operations generated $64.06M in cash. Over the twelve months to Jul 3, 2026, revenue was $1.03B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-03
Sales & profitability
$980.60MFY2025
+3.3% year over year
Last 12 mo $1.03B
9.59%FY2025
−2.1 percentage points
Last 12 mo 8.96%
$53.83MFY2025
−16.0% year over year
Last 12 mo $61.76M
5.43%FY2025
−4.7 percentage points
Last 12 mo 3.82%
Cash & financing
$64.06MFY2025
−59.6% year over year
Last 12 mo $133.84M
$48.43MFY2025
−65.7% year over year
Last 12 mo $114.28M
0.19FY2025
Was 0.56× a year earlier
Last 12 mo 0.14
36.7MFY2025
+1.6% year over year
Last 12 mo 40.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Novanta Inc. does

In the company’s own words

Novanta Inc. (Nasdaq: NOVT) supplies proprietary technology components and subsystems to medical, life science, and advanced industrial original equipment manufacturers (OEMs). Its products support applications including minimally invasive and robotic surgery, ophthalmology, laboratory automation, laser materials processing, robotics, and precision manufacturing. Novanta reports two segments: Automation Enabling Technologies, which generated $500.8 million in 2025 revenue, and Medical Solutions, with $479.8 million. Products include laser scanning systems and sources, precision motion controls, robotic end-of-arm tooling, medical insufflators and endoscopic pumps, imaging and RFID systems, light engines, and operating-room technologies. Most offerings are sold to OEMs, primarily through a direct technical sales force, and integrated into customers’ equipment. Medical markets accounted for approximately 53% of 2025 revenue, with advanced industrial markets contributing approximately 47%. The company reported $980.6 million in total revenue and employed approximately 3,000 people as of December 31, 2025. Founded in 1968, Novanta shifted from a greater focus on semiconductors to supplying technology for medical and advanced industrial markets. Its website is www.novanta.com.

Company details
Sector
Information Technology
Industry (SIC)
Electronic Equipment
Headquarters
BEDFORD, MA
Fiscal year end
December
CIK
1076930
SIC
3690

Financial performance, year by year

Fiscal 2013–2025 · USD
$-121.57M$192.41M$506.40M$820.38M$1.13B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Novanta Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

421
funds hold it
1 of 35
superinvestors hold it
$3.41B
held by funds, at market
57.6%
of shares held by funds

Superinvestors in Novanta Inc. · what they did last quarter

Polen CapitalNEW
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Novanta Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.16%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.18%of fund net assets
0.08%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Novanta Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Novanta Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Novanta Inc.'s last four quarterly filings that the numbers alone won't show?”
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