Company / Net Income
Novanta Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$53.8M
FY2025
5-year range
$50.3M / $74.1M
FY2021-FY2025
Trend
-16.0%
vs FY2024
Sector context
#151 of 297
Information Technology
What the data says
At $54M, Novanta's net income ranks #151 of 297 in the Information Technology sector. Net Income has declined for 3 consecutive years, from $74M in FY2022 to $54M in FY2025.
Based on SEC 10-K filings.
$54M in FY2025 with a 5-year CAGR of +3.9%.
Declined from $73M to $54M over the past 2 years.
Information Technology sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -10.1%
- 5-Year CAGR
- +3.9%
- 10-Year CAGR
- -
Sector benchmark
#151 of 297 in Information TechnologyTop 51% of 297This company $53.8M Sector average $1.7B
▼
-96.8% below sector average
Key checks
Key Insights
- Novanta's net income has declined for 3 consecutive years.
- 5-year CAGR of +3.9%, indicating consistent growth.
- In FY2025, net income decreased 16.0% year-over-year.
- Ranks #151 out of 297 companies in the Information Technology sector.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $53.8M | -16.0% |
| FY2024 | $64.1M | -12.1% |
| FY2023 | $72.9M | -1.6% |
| FY2022 | $74.1M | +47.1% |
| FY2021 | $50.3M | +13.1% |
| FY2020 | $44.5M | +9.2% |
| FY2019 | $40.8M | -17.0% |
| FY2018 | $49.1M | -18.2% |
| FY2017 | $60.1M | +172.9% |
| FY2016 | $22.0M | -38.2% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026