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Spectrum Brands Holdings vs Novanta: SPB and NOVT compared
Spectrum Brands Holdings is the larger company: $753M of revenue in its latest quarter (Q3 FY26) against $305M for Novanta (Q3 2026). Novanta is growing faster (+23% against +8% a year earlier). Novanta is more profitable, with an operating margin of 4.6% against 2.1%.
Where the money goes: SPB and NOVT
Spectrum Brands Holdings (SPB) · Q3 FY26
Spectrum Brands Holdings, Q3 FY26: revenue $753M (+8% year over year), operating margin 2.1%, net loss $21.5M, operating cash flow $83.3M. The chart follows the revenue to costs, profit and cash.
Novanta (NOVT) · Q3 2026
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.
| Spectrum Brands Holdings (SPB) | Novanta (NOVT) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q3 2026 |
| Revenue | $753M | $305M |
| Revenue growth, Y/Y | +8% | +23% |
| Gross margin | — | 44.5% |
| Operating margin | 2.1% | 4.6% |
| Net earnings | −$21.5M | $2.0M |
| Net margin | -2.9% | 0.7% |
| Operating cash flow | $83.3M | $39.3M |
| Free cash flow | $73.5M | $30.4M |
| Market value | $2.0B | $5.6B |
| P/E | 23.6× | 91.1× |
| Analysts’ mean target | $98.75 | $194.50 |
Where the revenue comes from
Spectrum Brands Holdings
- Product sales: $748M (99%)
- Licensing: $4.7M (1%)
- Service and other: $1.0M (0%)
Questions
Which is bigger, Spectrum Brands Holdings or Novanta?
Spectrum Brands Holdings is the larger company: $753M of revenue in its latest quarter (Q3 FY26) against $305M for Novanta (Q3 2026).
Is Spectrum Brands Holdings or Novanta growing faster?
Novanta is growing faster (+23% against +8% a year earlier).
Which is more profitable, Spectrum Brands Holdings or Novanta?
Novanta is more profitable, with an operating margin of 4.6% against 2.1%.
More: Spectrum Brands Holdings earnings · how Spectrum Brands Holdings makes money · Novanta earnings · how Novanta makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 7, 2026; 10-Q filed Nov 9, 2026). Fiscal quarters can end on different dates. Not investment advice.