Company / Gross Margin
NOVANTA INC Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
45.4%
FY2025
5-year range
41.4% / 45.4%
FY2021-FY2025
Trend
+3.2%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has increased for 3 consecutive years, from 41.4% in FY2022 to 45.4% in FY2025.
Based on SEC 10-K filings.
45.4% in FY2025 with a 5-year CAGR of +2.8%.
Improved from 42.5% to 45.4% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- +4.0pp
- 5-Year Change
- +2.8pp
- 10-Year Change
- -
Key checks
Key Insights
- NOVANTA INC's gross margin has grown for 3 consecutive years.
- In FY2025, gross margin increased 3.2% year-over-year.
- Lowest gross margin in the period was in FY2016.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 45.4% | +3.2% |
| FY2024 | 44.0% | +3.5% |
| FY2023 | 42.5% | +2.6% |
| FY2022 | 41.4% | -1.1% |
| FY2021 | 41.9% | -1.7% |
| FY2020 | 42.6% | +0.6% |
| FY2019 | 42.3% | +0.2% |
| FY2018 | 42.2% | -0.1% |
| FY2017 | 42.3% | +2.6% |
| FY2016 | 41.2% | -1.3% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026