NOVT on Nasdaq

NOVANTA INC

Canadian miscellaneous electrical machinery company, listed on Nasdaq (NOVT).

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Last updated Oct 18, 2026.

Overview

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  • TickerNOVT on Nasdaq
  • IndustryMiscellaneous Electrical Machinery, Equipment & Supplies
  • HeadquartersA3
  • Incorporated inNew Brunswick, Canada2
  • Business address125 Middlesex Turnpike, ., Bedford, Ma 017302
  • Filer categoryLarge accelerated filer2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

44.4%Gross margin3
9.6%Operating margin3
5.5%Net margin3
3.3%Revenue growth, 20253
4.1%Return on equity3
0.16×Debt to equity3
$48.4MFree cash flow3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Automation Enabling Technologies brought in 51% of the revenue NOVANTA INC broke down this way in fiscal 2025.

  1. Automation Enabling Technologies$500.8M351%up 2% from 2024
  2. Medical Solutions$479.8M349%up 5% from 2024
Business segments by year
Business segments202320242025
Automation Enabling Technologies$499.2M$490.6M$500.8M
Medical Solutions$382.4M$458.6M$479.8M

Regions

United States brought in 53% of the revenue NOVANTA INC broke down this way in fiscal 2025.

  1. United States$519.0M353%up 7% from 2024
  2. Rest Of Europe$137.4M314%up 7% from 2024
  3. Germany$114.6M312%down 7% from 2024
  4. Rest Of Asia Pacific$97.0M310%down 9% from 2024
  5. China$93.2M310%up 10% from 2024
  6. Other Countries$19.3M32%up 5% from 2024
Regions by year
Regions202320242025
United States$418.3M$487.1M$519.0M
Rest Of Europe$137.0M$128.9M$137.4M
Germany$128.2M$123.2M$114.6M
Rest Of Asia Pacific$105.3M$107.1M$97.0M
China$73.4M$84.6M$93.2M
Other Countries$19.3M$18.4M$19.3M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue56¢$545.3M
  • Research and development10¢$95.5M
  • Selling, general and admin20¢$195.7M
  • Other costs8¢$74.5M
  • Income tax2¢$15.8M
  • Profit5¢$53.8M

Out of $980.6M in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Capital spending24¢$15.6M
  • Share buybacks61¢$39.3M
  • Kept or used elsewhere14¢$9.2M

Out of $64.1M of cash from operations.3

Financial statements

Revenue45673$980.6M in 2025+57% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $626.1M$626.1M20192020: $590.6M$590.6M2020−6%2021: $706.8M$706.8M2021+20%2022: $860.9M$860.9M2022+22%2023: $881.7M$881.7M2023+2%2024: $949.2M$949.2M2024+8%2025: $980.6M$980.6M2025+3%
Gross profit45673$435.3M in 2025+66% since 2019
0$200.0M$400.0M$600.0M2019: $262.1M$262.1M20192020: $244.5M$244.5M2020−7%2021: $300.3M$300.3M2021+23%2022: $378.5M$378.5M2022+26%2023: $399.9M$399.9M2023+6%2024: $421.5M$421.5M2024+5%2025: $435.3M$435.3M2025+3%
Operating income45673$94.0M in 2025+70% since 2019
0$50.0M$100.0M$150.0M2019: $55.3M$55.3M20192020: $55.9M$55.9M2020+1%2021: $64.1M$64.1M2021+15%2022: $103.1M$103.1M2022+61%2023: $110.5M$110.5M2023+7%2024: $110.6M$110.6M2024+0%2025: $94.0M$94.0M2025−15%
Net income45673$53.8M in 2025+32% since 2019
0$20.0M$40.0M$60.0M$80.0M2019: $40.8M$40.8M20192020: $44.5M$44.5M2020+9%2021: $50.3M$50.3M2021+13%2022: $74.1M$74.1M2022+47%2023: $72.9M$72.9M2023−2%2024: $64.1M$64.1M2024−12%2025: $53.8M$53.8M2025−16%

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
Revenue$980.6M$949.2M$881.7M
Cost of revenue$545.3M$527.7M$481.8M
Gross profit$435.3M$421.5M$399.9M
Research and development and engineering$95.5M$95.5M$91.7M
Selling, general and administrative$195.7M$175.9M$164.5M
Amortization of purchased intangible assets$27.5M$25.8M$20.4M
Restructuring, acquisition and related costs$22.7M$13.7M$12.8M
Total operating expenses$341.3M$311.0M$289.4M
Operating income$94.0M$110.6M$110.5M
Interest income (expense), net-$21.5M-$31.5M-$25.8M
Foreign exchange transaction gains (losses), net-$2.2M$413.0K-$255.0K
Other income (expense), net-$708.0K-$442.0K-$675.0K
Income before income taxes$69.6M$79.1M$83.7M
Income tax provision$15.8M$15.0M$10.9M
Net income$53.8M$64.1M$72.9M
Basic$1.47$1.78$2.03
Diluted$1.47$1.77$2.02
Weighted average common shares outstandingbasic36.6M shares36.0M shares35.8M shares
Weighted average common shares outstandingdiluted36.7M shares36.1M shares36.0M shares

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Leadership

Who has led NOVANTA INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Charles D. Winston2006
  2. Sergio Edelstein2006–2010
  3. Matthijs Glastra2017–now

President

  1. Charles D. Winston2006
  2. Sergio Edelstein2006–2010
  3. Philippe Brak2010
  4. Matthijs Glastra2012–2014

Chief financial officer

  1. Robert Buckley2011–now

Chief operating officer

  1. Matthijs Glastra2015–2016
  2. Charles Guy Ravetto Jr.2025–now
  3. John Lesica2025–now
2010201520202025
Board members and other officers (45)

Former names

  • GSI GROUP INCJun 27, 2005 to May 6, 20162
  • GSI LUMONICS INCNov 8, 1999 to Jun 14, 20052
  • GSI LUMONICSMar 31, 1999 to Mar 31, 19992
  • LUMONICS INCMar 30, 1999 to Feb 11, 19992

Timeline

  1. Feb 28, 2017New chief executive Matthijs Glastra becomes CEO11
  2. Jul 12, 2006New chief executive Sergio Edelstein becomes CEO13
  3. Jan 10, 2006New chief executive Charles D. Winston becomes CEO12

Filings

362 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 52 major events, 216 insider forms, 21 large holders, 53 other. The latest 20:

  1. Oct 2, 20268-K/A EDGAR
  2. Sep 15, 20264 PRIMARY DOCUMENT EDGAR
  3. Sep 11, 2026144 EDGAR
  4. Aug 14, 2026SCHEDULE 13G EDGAR
  5. Aug 5, 202610-Q EDGAR
  6. Aug 5, 20268-K EDGAR
  7. Jul 30, 2026SCHEDULE 13G/A EDGAR
  8. Jul 27, 20268-K EDGAR
  9. Jul 7, 20264 PRIMARY DOCUMENT EDGAR
  10. Jul 2, 2026144 EDGAR
  11. Jun 29, 2026S-3ASR EDGAR
  12. Jun 9, 20268-K EDGAR
  13. Jun 9, 20268-K EDGAR
  14. Jun 4, 20264 PRIMARY DOCUMENT EDGAR
  15. Jun 2, 2026144/A EDGAR
  16. Jun 2, 2026144 EDGAR
  17. May 29, 20268-K EDGAR
  18. May 29, 2026SD EDGAR
  19. May 15, 20268-K EDGAR
  20. May 14, 20264 PRIMARY DOCUMENT EDGAR

The 362 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 21 such filings since October 2021, the latest 10:

  1. Aug 14, 2026SCHEDULE 13G
  2. Jul 30, 2026SCHEDULE 13G/A
  3. Apr 30, 2026SCHEDULE 13G
  4. Apr 29, 2026SCHEDULE 13G
  5. Mar 27, 2026SCHEDULE 13G/A
  6. Nov 14, 2025SCHEDULE 13G/A
  7. Oct 31, 2025SCHEDULE 13G/A
  8. Nov 14, 2024SC 13G/A
  9. Feb 14, 2024SC 13G
  10. Feb 13, 2024SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.4,798,035$778.4M0.0%+143,140
Vanguard Portfolio Management LLC2,395,681$388.7M0.0%−81,200
Allspring Global Investments Holdings, LLC1,817,594$297.5M0.5%+40,900
Vanguard Capital Management LLC1,606,928$260.7M0.0%−6,287
State Street Corp1,436,785$233.0M0.0%+97,621
Conestoga Capital Advisors, LLC1,217,963$197.6M4.3%−231,852
Geode Capital Management, LLC987,728$160.3M0.0%+50,754
Congress Asset Management Co973,767$158.0M1.0%+64,057
Bamco Inc /ny/850,494$138.0M0.2%−64,589
William Blair Investment Management, LLC765,867$124.3M0.4%−17,217
Wasatch Advisors LP759,992$123.3M0.8%−236,653
Geneva Capital Management LLC758,878$123.1M2.8%−172,392
American Century Companies Inc717,287$116.4M0.1%+24,057
Jpmorgan Chase & Co688,712$108.9M0.0%+45,538
Schroder Investment Management Group685,752$108.2M0.1%+185,673
Dimensional Fund Advisors LP665,515$108.0M0.0%+33,709
Nomura Asset Management International Inc.646,599$104.9M0.2%−14,557
Mawer Investment Management Ltd.589,573$95.7M0.7%+107,390
Northern Trust Corp528,831$85.8M0.0%+26,725
Brown Advisory Inc508,984$82.6M0.1%+50,442
Sei Investments Co507,534$82.3M0.1%+23,218
Morgan Stanley470,778$76.4M0.0%+32,158
Bank Of America Corp /de/466,399$75.7M0.0%+10,158
Wellington Management Group Llp460,896$74.8M0.0%+43,659
Charles Schwab Investment Management Inc448,808$72.8M0.0%+3,209

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

5 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
May 18, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−15.4%Report
Nov 13, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+9.1%Report
Aug 4, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+13.6%Report
Jul 22, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−14.1%Report
Jul 25, 2022Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+104.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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