Novanta Income Statement
NOVT / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$981M
FY2025
Gross Profit
$435M
44.4% gross margin
Operating Income
$94M
FY2025
Net Income
$54M
FY2025
Novanta reported $981M in revenue and $54M in net income for FY2025. Revenue has grown at a 8.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Conservative debt: Debt-to-equity ratio of 0.16
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $980.6M | $949.2M | $881.7M | $860.9M | $706.8M | $590.6M | $626.1M | $614.3M | $521.3M | $384.8M | $373.6M | $364.7M | $316.9M | $243.8M | $304.3M |
| Cost of Revenue | $545.3M | $527.7M | $481.8M | $482.4M | $406.5M | $346.1M | $364.0M | $352.8M | $300.8M | $222.3M | $215.7M | $214.5M | $184.7M | $138.3M | $171.2M |
| Gross Profit | $435.3M | $421.5M | $399.9M | $378.5M | $300.3M | $244.5M | $262.1M | $261.5M | $220.5M | $162.5M | $157.9M | $150.2M | $132.2M | $105.5M | $133.1M |
| SG&A Expense | $195.7M | $175.9M | $164.5M | $158.9M | $129.2M | $109.9M | $118.4M | $115.9M | $101.7M | $81.3M | $82.0M | $84.4M | $76.3M | $59.7M | $67.9M |
| R&D Expense | $95.5M | $95.5M | $91.7M | $85.8M | $72.5M | $61.0M | $56.0M | $51.0M | $41.7M | $32.0M | $31.0M | $29.0M | $23.8M | $18.5M | $23.5M |
| Operating Income | $94.0M | $110.6M | $110.5M | $103.1M | $64.1M | $55.9M | $55.3M | $71.0M | $57.6M | $33.0M | $28.9M | -$16.8M | $19.4M | $20.3M | $35.8M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.1M |
| Income Tax | $15.8M | $15.0M | $10.9M | $13.1M | $5.8M | $3.9M | $5.0M | $10.2M | $13.8M | $10.5M | $10.4M | -$1.0M | $6.2M | -$11.6M | $2.5M |
| Net Income | $53.8M | $64.1M | $72.9M | $74.1M | $50.3M | $44.5M | $40.8M | $49.1M | $60.1M | $22.0M | $35.6M | -$24.3M | $7.3M | $19.5M | $29.0M |
| EPS (Basic) | $2.03 | $2.08 | $1.42 | $1.27 | $1.16 | $1.46 | $1.14 | $0.63 | $1.03 | -$0.70 | $0.21 | $0.58 | $0.87 | -$0.03 | -$4.48 |
| EPS (Diluted) | $2.02 | $2.06 | $1.41 | $1.25 | $1.15 | $1.43 | $1.13 | $0.63 | $1.02 | -$0.70 | $0.21 | $0.58 | $0.86 | -$0.03 | -$4.48 |
| Shares Outstanding | 35.9M | 35.8M | 35.7M | 35.6M | 35.2M | 35.1M | 34.9M | 34.6M | 34.5M | 34.3M | 34.2M | 34.0M | 33.8M | 33.5M | 33.3M |
| Gross Margin | 44.4% | 44.4% | 45.4% | 44.0% | 42.5% | 41.4% | 41.9% | 42.6% | 42.3% | 42.2% | 42.3% | 41.2% | 41.7% | 43.3% | 43.7% |
| Operating Margin | 9.6% | 11.7% | 12.5% | 12.0% | 9.1% | 9.5% | 8.8% | 11.6% | 11.0% | 8.6% | 7.7% | -4.6% | 6.1% | 8.3% | 11.8% |
| Profit Margin | 5.5% | 6.8% | 8.3% | 8.6% | 7.1% | 7.5% | 6.5% | 8.0% | 11.5% | 5.7% | 9.5% | -6.7% | 2.3% | 8.0% | 9.5% |