NOVTNovanta Inc.

$141.41+23% 1Y
Latest close: back above its 200-day averageOct 9, 2026what changed →

Is it growing?

Watch

Growth is fading: earnings down −7% year on year and operating margin narrowing (−2.2 points).

2 to watch, 1 neutral
Revenue trend+8% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +11% a year.

Earnings trend−7% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing slower than revenue, so the growth is costing something.

Margin direction−2.2 points operating

Trailing-twelve-month operating margin, 9.0% now against 11.2% a year earlier.

All from SEC EDGAR, as of Jul 3, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Revenue growth, 3 yearsmiddle of the market

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is NOVT growing?

Novanta Inc. has grown revenue 5.0% a year over three years and 11% a year over five, with earnings per share compounding at −9.8%.

+5.0%

Revenue growth, 3-year annual rate · Scientific & Technical Instruments median +7.7% · growing slowly · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate
+11%

Revenue growth, 5-year rate · +5.0% over three · growth has slowed since the five-year average

Earnings per share, 3-year rate
−9.8%

Earnings per share, 3-year rate · revenue +5.0% · earnings lagged revenue: the growth is costing something

Years of annual history on file
17

Years of annual history on file · FY2009 to FY2025, as filed

Details›
Revenue FY2021
$707M
Revenue FY2022
$861M
Revenue FY2023
$882M
Revenue FY2024
$949M
Revenue FY2025
$981M

Annual income statements as filed with the SEC.