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Novanta (NOVT) gross margin by quarter

Novanta's gross margin was 45.5% in Q2 2026 (second quarter 2026), +1.4 pts from Q1 2026. Over the last 7 quarters it ranged from 43.8% (Q4 2025) to 45.5% (Q2 2026).

Novanta gross margin by quarterNovanta gross margin by quarter45.5%Q4 202444.7%Q1 202544.3%Q2 202544.8%Q3 202543.8%Q4 202544.1%Q1 202645.5%Q2 2026
QuarterGross marginQ/QY/Y
Q2 202645.5%+1.4 pts+1.2 pts
Q1 202644.1%+0.2 pts-0.6 pts
Q4 202543.8%-0.9 pts-1.6 pts
Q3 202544.8%+0.5 pts—
Q2 202544.3%-0.4 pts—
Q1 202544.7%-0.7 pts—
Q4 202445.5%——

Q2 2026 at a glance

Novanta, Q2 2026: revenue $266M (+10% year over year), operating margin 6.8%, net earnings $12.5M, operating cash flow $64.9M. The chart follows the revenue to costs, profit and cash.

Questions

What is Novanta's gross margin?

Novanta's gross margin was 45.5% in Q2 2026 (second quarter 2026), +1.4 pts from Q1 2026.

How has Novanta's gross margin changed?

Over the last 7 quarters it ranged from 43.8% (Q4 2025) to 45.5% (Q2 2026).

Q2 2026 results → · How Novanta makes money →