Company / Income Tax
Novanta Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$15.8M
FY2025
5-year range
$5.8M / $15.8M
FY2021-FY2025
Trend
+5.6%
vs FY2024
Sector context
#156 of 294
Information Technology
What the data says
At $16M, Novanta's income tax ranks #139 of 294 in the Information Technology sector. Income Tax has fluctuated over the past 10 years, ranging from $4M in FY2020 to $16M in FY2025.
Based on SEC 10-K filings.
$16M in FY2025 with a 5-year CAGR of +32.4%.
Increased from $11M to $16M over the past 2 years.
Information Technology sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +6.5%
- 5-Year CAGR
- +32.4%
- 10-Year CAGR
- -
Sector benchmark
#139 of 294 in Information TechnologyTop 47% of 294This company $15.8M Sector average $357.3M
▼
-95.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +32.4%, indicating consistent growth.
- In FY2025, income tax increased 5.6% year-over-year.
- Ranks #156 out of 294 companies in the Information Technology sector.
- Lowest income tax in the period was in FY2020.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $15.8M | +5.6% |
| FY2024 | $15.0M | +37.8% |
| FY2023 | $10.9M | -17.1% |
| FY2022 | $13.1M | +124.4% |
| FY2021 | $5.8M | +50.5% |
| FY2020 | $3.9M | -22.3% |
| FY2019 | $5.0M | -51.1% |
| FY2018 | $10.2M | -26.2% |
| FY2017 | $13.8M | +31.4% |
| FY2016 | $10.5M | +1.2% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026