Filing Flows › Novanta (NOVT) › Q2 2026
Novanta (NOVT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Novanta (NOVT) reported revenue of $266M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +3% from the quarter before. Operating margin was 6.8%, net earnings $12.5M (4.7% of revenue).
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.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $266M | +3% | +10% |
| Gross profit | $121M | +6% | +13% |
| Operating profit | $18.1M | -34% | +21% |
| Net earnings | $12.5M | -41% | +179% |
| Operating cash flow | $64.9M | +26% | +331% |
| Free cash flow | $57.5M | +21% | +392% |
What changed
Revenue was $265.8M in Q2 2026, up 10% year over year and up 3% from the previous quarter.
Gross margin was 45.5%, up 1.2 points from Q2 2025. Operating profit was $18.1M, a 6.8% margin (up 0.6 points year over year). Of the extra revenue versus Q2 2025, 13% reached operating profit, above the 6% margin then. Operating expenses grew 12% against revenue growth of 10%. The fastest-growing cost line was SG&A (+27%). Net earnings were $12.5M, up 179% year over year. The effective tax rate was 21.1%.
Operating cash flow was $64.9M (up 331% year over year), 518% of net earnings. Non-cash charges added back $14.6M of depreciation and amortization and $9.8M of share-based compensation. Working capital and other items added $27.9M. Capital expenditures of $7.5M left free cash flow of $57.5M.
Questions
What was Novanta's revenue in the second quarter 2026?
Novanta (NOVT) reported revenue of $266M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +3% from the quarter before.
Was Novanta profitable in the second quarter 2026?
Operating profit was $18.1M (6.8% of revenue) and net earnings $12.5M.
Source: Novanta 10-Q on SEC EDGAR.