Novanta Inc.

Novanta Inc.

NOVTยทNASDAQ

$166.94

-2.0%
TechnologyHardware, Equipment & Parts

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. It's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. In addition, its Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.

At a Glance

Live Snapshot
Market Cap$5.95B
EPS1.4700
P/E Ratio113.56
Earnings Date08/04/2026
3Y-29.0%
5Y-54.0%
10Y+34.0%
3Y+75.0%
5Y+465.0%
10Y+478.0%
3Y-559.0%
5Y-428.0%
10Y-1292.0%
NOVT

Novanta Inc. Cash Conversion Engine

NOVT ยท NASDAQ
Net Income53.83M
Depreciation & Amortization61.93M
Stock-Based Compensation29.54M
Change in Working Capital-75.13M
Others2.74M
Capital Expenditures-15.63M
Free Cash Flow48.43M

Cash Flow Quality Analysis

FCF Conversion Rate

90.0%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

24.4%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-65.7%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$75.13M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Novanta Inc. Cash Flow Statement

NOVT โ€ข NASDAQ

Novanta Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
53.8M
64.1M
72.9M
74.1M
50.3M
44.5M
40.8M
50.9M
62.3M
22M
35.6M
-16.9M
7.3M
19.6M
29M
-639K
-71.3M
-212.6M
15.2M
21.7M
61.9M
55.6M
46.6M
53.2M
43.4M
38.3M
38.3M
37.1M
30.8M
20.4M
19.1M
23.8M
20.2M
13.7M
15.3M
15.7M
17.3M
18.9M
14.8M
14.8M
-8.9M
-15.9M
-14.7M
-18.7M
-3.9M
-4.1M
-4.3M
-6.1M
-2.6M
-1.8M
-1.7M
-6.7M
3M
-15M
78K
5.6M
1.4M
-33.7M
1.1M
3.6M
29.5M
23.3M
25.6M
23.1M
25.6M
23.1M
9.3M
7.7M
5.5M
4.3M
4.4M
4.3M
5.6M
4.6M
3.3M
2.1M
2.1M
2.8M
940K
0.0
2.7M
12.5M
11.1M
3.9M
6.2M
-1.1M
6.6M
3M
-18.8M
4.7M
-17.6M
40.8M
3.8M
6.5M
8.7M
4.9M
32.5M
231.5M
5.5M
656K
(0.0)
(21.2M)
(36.9M)
(20.3M)
(11.3M)
(5.9M)
(14.3M)
(20.3M)
(21.1M)
(14.1M)
(10.7M)
(6.1M)
(2.2M)
(3.4M)
(1.9M)
(2.1M)
(954K)
(1.3M)
(0.0)
(0.0)
-75.1M
18.9M
-21.3M
-44.7M
-27M
39.5M
-27.4M
-2.9M
-13.9M
-1.8M
-6.4M
-3M
9.3M
-910K
-11.2M
-32.3M
-7.7M
32M
0.0
-5.5M
64.1M
158.5M
120.1M
90.8M
94.6M
140.2M
63.2M
89.6M
63.4M
47.8M
33.4M
42.3M
49.2M
28.4M
45.2M
-4.7M
-25.8M
38.9M
37.5M
35.3M
INVESTING ACTIVITIES
-15.6M
-17.2M
-20M
-19.6M
-22.2M
-10.5M
-10.7M
-14.7M
-9.1M
-8.5M
-5.6M
-5.4M
-5M
-4.3M
-4.2M
-2.7M
-1.3M
-18M
-4.8M
-8.6M
-64.3M
-191.2M
(0.0)
-21.6M
-284.7M
(0.0)
-53.1M
-29.6M
-168.3M
-9M
(3.6M)
-88.2M
-80.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-3M
(13.2M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-22.6M
-22.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
11.4M
17M
0.0
49.3M
49.3M
5.6M
173K
69K
-1.3M
200K
-2.6M
42K
-1.3M
46K
4.6M
336K
3.9M
12.8M
7.3M
0.0
0.0
4.1M
-320.4M
-26.5M
1.5M
-74.3M
-208.2M
-19.9M
-42.5M
-306.7M
-13.2M
-63.8M
-45.6M
-177.4M
-12.9M
-1.6M
-89.8M
-73M
(3M)
-4.2M
(8.7M)
(19.7M)
-338.4M
-7.6M
(32.8M)
FINANCING ACTIVITIES
575.1M
0.0
0.0
-10M
0.0
-5.5M
-10M
-5.9M
-370K
-1.6M
-1.6M
-1.7M
-526K
0.0
0.0
64.9M
0.0
-6.4M
335K
1.1M
-287.6M
66.9M
-86.6M
10.9M
238.9M
-35.4M
16.1M
-19.4M
149.8M
-16.3M
-17.5M
43.5M
21.5M
-18M
-40.1M
-76.5M
0.0
210M
0.0
0.0
-39.3M
(0.0)
(0.0)
-10M
(0.0)
-5.5M
-10M
-5.9M
-370K
-1.6M
-1.6M
-1.7M
-526K
-543K
(0.0)
(0.0)
(0.0)
-6.4M
-7.8M
-3.8M
-11.1M
-10M
-11.3M
-49.3M
-34.1M
-43.5M
-3.1M
-31.4M
-4.1M
-5.3M
-467K
-1.6M
-2.4M
-3.1M
-3M
0.0
0.0
-6.7M
423K
1M
276.3M
56.9M
-97.9M
-60.2M
204.8M
-84.4M
-3.9M
-60.2M
143.3M
-23.2M
-21.5M
40.3M
18.6M
-21.1M
-43.1M
-11.6M
0.0
196.9M
758K
2.1M
CASH FLOW SUMMARY
818K
1.7M
2.6M
-5.4M
-335K
3.4M
1.4M
-1.9M
2.6M
-3.6M
-1.4M
-2.6M
374K
660K
193K
1M
405K
-822K
3.7M
-1.2M
266.9M
8.9M
4.9M
-17.3M
-7.7M
46.1M
-3.1M
-18M
31.9M
8.1M
8.8M
-9.8M
-4.8M
11M
-1.9M
-6.5M
-5.7M
-103.4M
33.4M
69M
114M
105.1M
100.1M
117.4M
125.1M
78.9M
82M
100.1M
68.1M
60M
51.1M
61M
65.8M
54.8M
56.8M
63.3M
69M
172.4M
138.3M
69.3M
380.9M
114M
105.1M
100.1M
117.4M
125.1M
78.9M
82M
100.1M
68.1M
60M
51.1M
61M
65.8M
54.8M
56.8M
63.3M
69M
172.4M
138.3M
48.4M
141.4M
100.1M
71.1M
72.4M
129.7M
52.5M
75M
54.3M
39.3M
27.9M
36.9M
44.2M
24.1M
41M
-7.4M
-27.1M
-334.7M
33M
26.7M

SEC Filings

NOVT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 29, 2026
May 28, 2026
2026
8-K

8-K 2026

N/A

May 15, 2026
May 15, 2026
2026
10-Q

10-Q 2026 Q2

Q2

May 11, 2026
April 03, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
May 28, 2026
2026
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
10-K

10-K 2025 FY

FY

February 23, 2026
December 31, 2025
2025
8-K

8-K 2025

N/A

December 01, 2025
December 01, 2025
2025
8-K

8-K 2025

N/A

November 13, 2025
November 13, 2025
2025
8-K

8-K 2025

N/A

November 12, 2025
November 05, 2025
2025
Showing 1 to 10 of 455 filings