Filing Flows › Novanta (NOVT) › Q3 2026 › vs Q3 2025
Novanta (NOVT) Q3 2026 vs Q3 2025 (year over year)
Novanta's revenue rose $57.2M (+23%) from $248M in Q3 2025 to $305M in Q3 2026. Gross margin 44.5% against 44.8% (-0.3 pts).
Novanta, Q3 2026: revenue $305M (+23% year over year), operating margin 4.6%, net earnings $2.0M, operating cash flow $39.3M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 44.5% | 44.8% | -0.3 pts |
| Operating margin | 4.6% | 8.8% | -4.3 pts |
| Net margin | 0.7% | 4.3% | -3.6 pts |
| Free cash flow margin | 10.0% | 1.7% | +8.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $305M | $248M | $57.2M | +23% |
| Gross profit | $136M | $111M | $24.7M | +22% |
| Cost of revenue | $169M | $137M | $32.5M | +24% |
| Operating profit | $13.9M | $21.8M | −$7.9M | -36% |
| Operating expenses | $122M | $89.1M | $32.7M | +37% |
| Pre-tax earnings | $6.3M | $15.8M | −$9.4M | -60% |
| Other expense, net | $7.6M | $6.1M | $1.5M | +24% |
| Research & development | $26.3M | $24.1M | $2.3M | +9% |
| SG&A | $57.6M | $51.4M | $6.2M | +12% |
| Other operating costs | $37.8M | $13.6M | $24.2M | +178% |
| Net earnings | $2.0M | $10.7M | −$8.6M | -81% |
| Income tax | $4.3M | $5.1M | −$776K | -15% |
| Depreciation & amortization | $27.4M | $15.7M | $11.7M | +75% |
| Share-based compensation | $10.1M | $6.7M | $3.4M | +50% |
| Working capital & other | $190K | $24.6M | −$24.4M | -99% |
| Operating cash flow | $39.3M | $8.5M | $30.8M | +363% |
| Free cash flow (OCF − capex) | $30.4M | $4.2M | $26.2M | +621% |
| Capital expenditures | $9.0M | $4.3M | $4.7M | +109% |
Questions
How much did Novanta's revenue grow year over year in Q3 2026?
Novanta's revenue rose $57.2M (+23%) from $248M in Q3 2025 to $305M in Q3 2026. Gross margin 44.5% against 44.8% (-0.3 pts).