Filing Flows › Novanta (NOVT) › Q3 2026
Novanta (NOVT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Novanta (NOVT) reported revenue of $305M for the third quarter 2026 (Q3 2026), +23% from a year earlier and +15% from the quarter before. Operating margin was 4.6%, net earnings $2.0M (0.7% of revenue).
Novanta, Q3 2026: revenue $305M (+23% year over year), operating margin 4.6%, net earnings $2.0M, operating cash flow $39.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $305M | +15% | +23% |
| Gross profit | $136M | +12% | +22% |
| Operating profit | $13.9M | -23% | -36% |
| Net earnings | $2.0M | -84% | -81% |
| Operating cash flow | $39.3M | -39% | +363% |
| Free cash flow | $30.4M | -47% | +621% |
What changed
Revenue was $305.0M in Q3 2026, up 23% year over year and up 15% from the previous quarter.
Gross margin was 44.5%, down 0.3 points from Q3 2025. Operating profit was $13.9M, a 4.6% margin (down 4.3 points year over year). Operating profit fell $7.9M even though revenue rose $57.2M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 37% against revenue growth of 23%. The fastest-growing cost line was Other operating costs (+178%). Net earnings were $2.0M, down 81% year over year. The effective tax rate was 68.2%.
Operating cash flow was $39.3M (up 363% year over year), 1950% of net earnings. Non-cash charges added back $27.4M of depreciation and amortization and $10.1M of share-based compensation. Capital expenditures of $9.0M left free cash flow of $30.4M.
Questions
What was Novanta's revenue in the third quarter 2026?
Novanta (NOVT) reported revenue of $305M for the third quarter 2026 (Q3 2026), +23% from a year earlier and +15% from the quarter before.
Was Novanta profitable in the third quarter 2026?
Operating profit was $13.9M (4.6% of revenue) and net earnings $2.0M.
Source: Novanta 10-Q on SEC EDGAR.