Company / Gross Margin
Novanta Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
44.4%
FY2025
5-year range
42.5% / 45.4%
FY2021-FY2025
Trend
-0.0%
vs FY2024
Sector context
#142 of 214
Information Technology
What the data says
At 44.4%, Novanta's gross margin ranks #142 of 214 in the Information Technology sector. Gross Margin remained relatively stable over the past 10 years, with values between 41.4% and 45.4%.
Based on SEC 10-K filings.
44.4% in FY2025 with a 5-year CAGR of +3.0%.
Declined from 45.4% to 44.4% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +0.4pp
- 5-Year Change
- +3.0pp
- 10-Year Change
- -
Sector benchmark
#142 of 214 in Information TechnologyTop 66% of 214This company 44.4% Sector average 53.9%
▼
-17.6% below sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 0.0% year-over-year.
- Currently 9.5pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2023.
- Lowest gross margin in the period was in FY2020.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 44.4% | -0.0% |
| FY2024 | 44.4% | -2.1% |
| FY2023 | 45.4% | +3.2% |
| FY2022 | 44.0% | +3.5% |
| FY2021 | 42.5% | +2.6% |
| FY2020 | 41.4% | -1.1% |
| FY2019 | 41.9% | -1.7% |
| FY2018 | 42.6% | +0.6% |
| FY2017 | 42.3% | +0.2% |
| FY2016 | 42.2% | -0.1% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026