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Novanta Inc revenue

Novanta Inc's revenue was $981m in fiscal 2025, up 3.3% on the year before. Since fiscal 2009 ($254m) it has grown at a compound 8.8% a year. Over the last twelve months it was $1.03bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJul 2026
Revenue2542863042443173653743855216146265917078618829499811,030
Growth on the year before—+12.4%+6.4%−19.9%+30.0%+15.1%+2.4%+3.0%+35.5%+17.8%+1.9%−5.7%+19.7%+21.8%+2.4%+7.7%+3.3%—
Gross profit99131133106132150158162221262262245300378400422435459

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Automation Enabling Technologies $501M 51.1% ▲ 2.1%
Medical Solutions $480M 48.9% ▲ 4.6%
Geography
Region Revenue Share YoY
United States $519M 52.9% ▲ 6.5%
Rest of Europe $137M 14.0% ▲ 6.6%
Germany $115M 11.7% ▼ 7.0%
Rest of Asia Pacific $97M 9.9% ▼ 9.4%
China $93.2M 9.5% ▲ 10.2%
Other Countries $19.3M 2.0% ▲ 4.9%

From Novanta Inc's 10-K filed February 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Electronic Components: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Novanta Inc $1.03bn 7.6% 5.0%
Methode Electronics Inc $1.04bn 1.4% -4.2%
Rogers Corp $855m 6.7% -2.7%
BEL Fuse Inc $744m 25.3% 2.6%
Knowles Corp $666m 16.1% 25.5%
Universal Display Corp \pa\ $628m -1.9% 2.3%

Compare with peers

Head to head: MEI vs NOVTNOVT vs ROGBELFA vs NOVT

More: Electronic Components stocks compared, Technology sector, rankings of US companies

Figures from Novanta Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Novanta Inc.