Novanta profit margin NOVT
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 6.0%
- Operating margin, 12 months
- 9.0%
- Net margin on a year earlier
- −0.4 pts
- Peer median
- 7.0%
Over the twelve months to Jul 3, 2026, Novanta kept 6.0% of its revenue as net profit, with an operating margin of 9.0% and a gross margin of 44.5%.
Five years earlier its net margin was 7.1%.
The median for 10 industrial machinery stocks of a similar size is 7.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 5.5% | 9.6% | 44.4% |
| FY2024 | 6.8% | 11.6% | 44.4% |
| FY2023 | 8.3% | 12.5% | 45.4% |
| FY2022 | 8.6% | 12.0% | 44.0% |
| FY2021 | 7.1% | 9.1% | 42.5% |
| FY2020 | 7.5% | 9.5% | 41.4% |
| FY2019 | 6.5% | 8.8% | 41.9% |
| FY2018 | 8.0% | 11.6% | 42.6% |
| FY2017 | 11.5% | 11.0% | 42.3% |
| FY2016 | 5.7% | 8.5% | 42.2% |
| FY2015 | 9.5% | 7.7% | 42.3% |
| FY2014 | −6.6% | −4.6% | 41.2% |
| FY2013 | 2.3% | 6.1% | 41.7% |
| FY2012 | 7.2% | 5.5% | 42.2% |
| FY2011 | 9.5% | 11.8% | 43.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 6.0% | −0.4 pts | 9.0% | |
| Q1 FY26 | 5.3% | −2.1 pts | 8.9% | |
| Q4 FY25 | 5.5% | −1.3 pts | 9.6% | |
| Q3 FY25 | 5.5% | −1.0 pts | 10.0% | |
| Q2 FY25 | 6.4% | −0.5 pts | 11.1% | |
| Q1 FY25 | 7.4% | −0.3 pts | 12.3% | |
| Q4 FY24 | 6.8% | −1.5 pts | 11.6% | |
| Q3 FY24 | 6.5% | −2.0 pts | 11.4% | |
| Q2 FY24 | 6.9% | −1.7 pts | 11.5% | |
| Q1 FY24 | 7.8% | −0.6 pts | 12.3% | |
| Q4 FY23 | 8.3% | −0.3 pts | 12.5% | |
| Q3 FY23 | 8.5% | −0.1 pts | 13.0% |
Against its peers
Companies in Industrial - Machinery nearest Novanta's size, closest first, today.
| Company | Profit margin |
|---|---|
| NOVTNovanta | 6.0% |
| POWLPowell Industries | 16.5% |
| JBTMJBT MAREL | 4.9% |
| AAONAaon | 8.2% |
| TEXTerex | 2.2% |
| ENSEnerSys | 9.3% |
| GTESGates Industrial | 10.4% |
| ALHAlliance Laundry | 10.1% |
| ESABESAB | 5.7% |
| TKRTimken | 5.4% |
| MIRMirion Technologies | 2.4% |
| Peer median | 7.0% |
Where Novanta ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Novanta
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.