NOVANTA INC (NOVT) FY2025 10-K Annual Report

Filed: Feb 23, 2026
Information Technology
Miscellaneous Electrical Machinery, Equipment & SuppliesSEC EDGAR

NOVANTA INC (NOVT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 23, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

NOVANTA INC FY2025 10-K Analysis

Business Overview

  • Core business: Supplier of proprietary technology solutions for medical, life science, and advanced industrial OEMs focused on precision and performance
  • New emphasis on RFID solutions through acquisition of Keonn Technologies for €64.8M ($71.0M), included in Medical Solutions segment
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Risk Factors

  • Regulatory/legal risk: Restrictions on dividends and asset transfers from foreign subsidiaries under local laws impacting funding for parent operations
  • Geopolitical/macro risk: $67.6M cash and $74M debt held by non-North American subsidiaries, limiting capital repatriation flexibility
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NOVANTA INC FY2025 Key Financial Metrics
XBRL

Revenue

$981M

+3.3% YoY

Net Income

$54M

-16.0% YoY

Gross Margin

44.4%

-2bp YoY

Operating Margin

9.6%

-206bp YoY

Net Margin

5.5%

-126bp YoY

ROE

4.1%

-450bp YoY

Total Assets

$1.8B

+30.1% YoY

EPS (Diluted)

$1.47

-16.9% YoY

Operating Cash Flow

$64M

-59.6% YoY

Source: XBRL data from NOVANTA INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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