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Novanta (NOVT) R&D spending by quarter

Novanta's R&D spending was $24.0M in Q2 2026 (second quarter 2026), +3% from Q1 2026. Over the last 7 quarters it ranged from $22.9M (Q4 2025) to $25.3M (Q2 2025).

Novanta R&D spending by quarterNovanta R&D spending by quarter$25.3MQ4 2024$23.2MQ1 2025$25.3MQ2 2025$24.1MQ3 2025$22.9MQ4 2025$23.3MQ1 2026$24.0MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$24.0M+3%-5%
Q1 2026$23.3M+2%+0.1%
Q4 2025$22.9M-5%-10%
Q3 2025$24.1M-5%—
Q2 2025$25.3M+9%—
Q1 2025$23.2M-8%—
Q4 2024$25.3M——

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 R&D spending?

Novanta's R&D spending was $24.0M in Q2 2026 (second quarter 2026), +3% from Q1 2026.

How has Novanta's R&D spending changed?

Over the last 7 quarters it ranged from $22.9M (Q4 2025) to $25.3M (Q2 2025).

Q2 2026 results → · How Novanta makes money →