Novanta (NOVT) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Novanta Revenue Highlights

Latest Revenue (Y)

$980.60M

Latest Revenue (Q)

$247.84M

Main Segment (Y)

Robotics and Automation

Main Geography (Y)

UNITED STATES

Novanta Revenue by Period

Novanta Revenue by Year

Date	Revenue	Change
2025-12-31	$980.60M	3.30%
2024-12-31	$949.25M	7.67%
2023-12-31	$881.66M	2.41%
2022-12-31	$860.90M	21.80%
2021-12-31	$706.79M	19.67%
2020-12-31	$590.62M	-5.67%
2019-12-31	$626.10M	1.91%
2018-12-31	$614.34M	17.85%
2017-12-31	$521.29M	35.49%
2016-12-31	$384.76M	2.99%
2015-12-31	$373.60M	2.44%
2014-12-31	$364.71M	6.76%
2013-12-31	$341.61M	25.82%
2012-12-31	$271.50M	-25.88%
2011-12-31	$366.28M	-4.49%
2010-12-31	$383.52M	50.76%
2009-12-31	$254.39M	-11.81%
2008-12-31	$288.47M	-0.90%
2007-12-31	$291.08M	-7.18%
2006-12-31	$313.61M	20.26%
2005-12-31	$260.78M	-20.98%
2004-12-31	$330.01M	77.85%
2003-12-31	$185.56M	16.65%
2002-12-31	$159.07M	-35.83%
2001-12-31	$247.90M	-33.69%
2000-12-31	$373.86M	36.15%
1999-12-31	$274.60M	90.43%
1998-12-31	$144.20M	-

Novanta generated $980.60M in revenue during NA 2025, up 3.30% compared to the previous quarter, and up 166.03% compared to the same period a year ago.

Novanta Revenue by Quarter

Date	Revenue	Change
2025-09-26	$247.84M	2.82%
2025-06-27	$241.05M	3.29%
2025-03-28	$233.37M	-1.97%
2024-12-31	$238.06M	-2.60%
2024-09-27	$244.41M	3.62%
2024-06-28	$235.86M	2.14%
2024-03-29	$230.92M	9.14%
2023-12-31	$211.57M	-4.48%
2023-09-29	$221.50M	-3.47%
2023-06-30	$229.46M	4.72%
2023-03-31	$219.13M	0.34%
2022-12-31	$218.37M	-2.06%
2022-09-30	$222.96M	3.53%
2022-07-01	$215.36M	5.46%
2022-04-01	$204.22M	2.64%
2021-12-31	$198.96M	11.95%
2021-10-01	$177.73M	6.09%
2021-07-02	$167.52M	3.04%
2021-04-02	$162.58M	10.23%
2020-12-31	$147.50M	3.20%
2020-10-02	$142.93M	-1.24%
2020-07-03	$144.73M	-6.91%
2020-04-03	$155.47M	-2.65%
2019-12-31	$159.70M	3.66%
2019-09-27	$154.07M	-0.70%
2019-06-28	$155.15M	-1.30%
2019-03-29	$157.19M	0.65%
2018-12-31	$156.18M	-2.87%
2018-09-28	$160.79M	6.91%
2018-06-29	$150.40M	2.34%
2018-03-30	$146.97M	0.03%
2017-12-31	$146.92M	0.43%
2017-09-29	$146.30M	22.83%
2017-06-30	$119.10M	9.29%
2017-03-31	$108.97M	10.21%
2016-12-31	$98.88M	1.07%
2016-09-30	$97.83M	0.10%
2016-07-01	$97.73M	8.21%
2016-04-01	$90.32M	0.11%
2015-12-31	$90.22M	-2.22%
2015-10-02	$92.27M	-4.38%
2015-07-03	$96.49M	1.99%
2015-04-03	$94.61M	0.64%
2014-12-31	$94.01M	-0.68%
2014-09-26	$94.66M	-2.32%
2014-06-27	$96.91M	22.46%
2014-03-28	$79.13M	-9.78%
2013-12-31	$87.71M	2.60%
2013-09-27	$85.48M	0.21%
2013-06-28	$85.31M	2.64%
2013-03-29	$83.11M	25.15%
2012-12-31	$66.41M	-4.47%
2012-09-28	$69.52M	-1.22%
2012-06-29	$70.38M	-10.69%
2012-03-30	$78.81M	-1.24%
2011-12-31	$79.80M	-14.44%
2011-09-30	$93.26M	-8.00%
2011-07-01	$101.37M	10.36%
2011-04-01	$91.86M	0.26%
2010-12-31	$91.62M	0.08%
2010-10-01	$91.55M	6.77%
2010-07-02	$85.74M	-25.20%
2010-04-02	$114.61M	58.07%
2009-12-31	$72.51M	-

Novanta generated $247.84M in revenue during Q3 2025, up 2.82% compared to the previous quarter, and up 105.08% compared to the same period a year ago.

Novanta Revenue Breakdown

Novanta Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Precision Medicine	$237.32M	$249.87M	-	-	-
Robotics and Automation	$318.58M	$288.32M	-	-	-
Advanced Surgery	$242.44M	$208.75M	-	-	-
Precision Manufacturing	$182.26M	$202.30M	-	-	-
Medical Solutions	-	-	$325.22M	-	-
Precision Motion	-	-	-	$308.24M	$212.27M
Photonics	-	-	-	$274.67M	$232.46M
Vision	-	-	-	$277.99M	$262.06M

Novanta's latest annual revenue breakdown by segment (product or service), as of Dec 25: Robotics and Automation (32.49%), Advanced Surgery (24.72%), Precision Medicine (24.20%), and Precision Manufacturing (18.59%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jul 22	Apr 22	Dec 21	Oct 21	Jul 21	Apr 21	Dec 20	Oct 20
Advanced Surgery	$126.04M	$60.22M	$56.19M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Precision Manufacturing	$93.84M	$43.84M	$44.58M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Robotics and Automation	$162.15M	$77.83M	$78.59M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Precision Medicine	$124.15M	$59.16M	$54.01M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Automation Enabling Technologies	-	$125.32M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Medical Solutions	-	$122.52M	$103.78M	$102.45M	$80.88M	$83.38M	$83.32M	$77.64M	-	-	-	-	-	-	-	-	-	-	-	-
Vision	-	-	-	-	-	-	-	-	-	-	$77.08M	$73.34M	$65.52M	$62.05M	$65.63M	$65.35M	$63.45M	$67.64M	$63.60M	$64.30M
Precision Motion	-	-	-	-	-	-	-	-	-	-	$69.66M	$78.81M	$80.38M	$79.38M	$76.98M	$57.12M	$41.72M	$36.45M	$33.62M	$32.24M
Photonics	-	-	-	-	-	-	-	-	-	-	$71.63M	$70.80M	$69.46M	$62.78M	$56.35M	$55.26M	$62.36M	$58.49M	$50.28M	$46.39M

Novanta's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Robotics and Automation (32.03%), Advanced Surgery (24.90%), Precision Medicine (24.53%), and Precision Manufacturing (18.54%).

Novanta Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
UNITED STATES	$519.01M	$487.11M	$418.26M	$372.35M	$270.83M
CHINA	$93.20M	$84.56M	$73.44M	$97.18M	$95.05M
GERMANY	$114.65M	$123.24M	$128.23M	$133.73M	$101.86M
Other Countries	$19.30M	$18.40M	$19.35M	$18.25M	$10.99M
Rest Of Asia Pacific	$97.03M	$107.05M	$105.35M	$101.60M	$89.20M
Rest Of Europe	$137.41M	$128.87M	$137.03M	$137.80M	$138.86M

Novanta's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (52.93%), Rest Of Europe (14.01%), GERMANY (11.69%), Rest Of Asia Pacific (9.90%), CHINA (9.50%), and Other Countries (1.97%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jul 22	Apr 22	Dec 21	Oct 21	Jul 21	Apr 21	Dec 20
Rest Of Europe	$34.12M	$36.66M	$34.85M	$31.78M	$34.79M	$30.58M	$30.97M	$38.87M	$34.26M	$34.54M	$29.36M	$32.48M	$34.00M	$37.92M	$33.37M	$33.52M	$34.16M	$35.60M	$35.58M	$32.76M
Rest Of Asia Pacific	$24.56M	$24.43M	$24.67M	$23.38M	$27.32M	$27.15M	$27.26M	$25.79M	$24.06M	$27.39M	$28.11M	$27.20M	$26.89M	$23.09M	$22.84M	$24.43M	$21.26M	$22.76M	$20.75M	$18.38M
GERMANY	$31.82M	$27.10M	$27.26M	$28.48M	$24.59M	$33.56M	$33.18M	$28.01M	$33.26M	$32.10M	$34.86M	$34.20M	$34.63M	$33.12M	$31.78M	$30.42M	$23.77M	$22.36M	$19.50M	-
CHINA	$25.70M	$24.29M	$21.78M	$21.43M	$23.85M	$24.62M	$17.07M	$19.11M	$15.68M	$20.85M	$17.80M	$16.30M	$24.21M	$29.87M	$26.80M	$26.76M	$23.51M	$22.55M	$20.27M	-
Other Countries	$5.34M	$4.93M	$4.38M	$4.65M	$5.20M	$4.16M	$5.36M	$3.42M	$3.78M	$6.99M	$5.15M	$4.44M	$4.01M	$4.71M	$6.71M	$4.69M	$1.79M	$2.38M	$2.12M	$2.19M
UNITED STATES	$136.82M	$130.42M	$128.12M	$123.65M	$122.31M	$124.33M	$117.08M	$96.37M	$110.46M	$107.59M	$103.84M	$103.76M	$99.23M	$86.65M	$82.72M	$79.13M	$59.50M	$59.23M	$54.40M	-
U S	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$72.97M	-	-	-
D E	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$25.31M	-	-	-
C N	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$22.23M	-	-	-

Novanta's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (52.96%), Rest Of Europe (13.21%), GERMANY (12.31%), CHINA (9.95%), Rest Of Asia Pacific (9.50%), and Other Countries (2.07%).

Novanta Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PLXS	Plexus	$4.03B	$1.07B
ST	Sensata Technologies	$3.70B	$931.98M
VNT	Vontier	$3.08B	$752.50M
BDC	Belden	$2.72B	$698.22M
ITRI	Itron	$2.37B	$581.63M
OSIS	OSI Systems	$1.71B	$464.06M
ESE	ESCO	$1.10B	$289.66M
NOVT	Novanta	$980.60M	$247.84M
BMI	Badger Meter	$916.66M	$235.65M
VICR	Vicor	$407.70M	$110.42M
BULL	Webull Corporation Class A Ordinary Shares	$390.23M	$107.70M

NOVT Revenue FAQ

What is Novanta’s yearly revenue?

Novanta's yearly revenue for 2025 was $980.6M, representing an increase of 3.30% compared to 2024. The company's yearly revenue for 2024 was $949.24M, representing an increase of 7.67% compared to 2023. NOVT's yearly revenue for 2023 was $881.66M, representing an increase of 2.41% compared to 2022.

What is Novanta’s quarterly revenue?

Novanta's quarterly revenue for Q3 2025 was $247.84M, a 2.82% increase from the previous quarter (Q2 2025), and a 1.40% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $241.05M, a 3.29% increase from the previous quarter (Q1 2025), and a 2.20% increase year-over-year (Q2 2024). NOVT's quarterly revenue for Q1 2025 was $233.37M, a -1.97% decrease from the previous quarter (Q4 2024), and a 1.06% increase year-over-year (Q1 2024).

What is Novanta’s revenue growth rate?

Novanta's revenue growth rate for the last 3 years (2023-2025) was 11.22%, and for the last 5 years (2021-2025) was 38.74%.

What are Novanta’s revenue streams?

Novanta's revenue streams in c 25 are Precision Medicine, Robotics and Automation, Advanced Surgery, and Precision Manufacturing. Precision Medicine generated $237.32M in revenue, accounting 24.20% of the company's total revenue, down -5.02% year-over-year. Robotics and Automation generated $318.58M in revenue, accounting 32.49% of the company's total revenue, up 10.50% year-over-year. Advanced Surgery generated $242.44M in revenue, accounting 24.72% of the company's total revenue, up 16.14% year-over-year. Precision Manufacturing generated $182.26M in revenue, accounting 18.59% of the company's total revenue, down -9.91% year-over-year.

What is Novanta’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Novanta was Robotics and Automation. This segment made a revenue of $318.58M, representing 32.49% of the company's total revenue.