← NOVANTA INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $384.8m |
$521.3m
+35.49%
|
$614.3m
+17.85%
|
$626.1m
+1.91%
|
$590.6m
-5.67%
|
$706.8m
+19.67%
|
$860.9m
+21.80%
|
$881.7m
+2.41%
|
$949.2m
+7.67%
|
$980.6m
+3.30%
|
$1.0b
+5.01%
|
|
| Cost of Revenue | $222.3m |
$300.8m
+35.29%
|
$352.8m
+17.31%
|
$364.0m
+3.18%
|
$346.1m
-4.92%
|
$406.5m
+17.44%
|
$482.4m
+18.69%
|
$481.8m
-0.14%
|
$527.7m
+9.53%
|
$545.3m
+3.34%
|
$571.0m
+4.71%
|
|
| Gross Profit | $162.5m |
$220.5m
+35.75%
|
$261.5m
+18.59%
|
$262.1m
+0.21%
|
$244.5m
-6.70%
|
$300.3m
+22.82%
|
$378.5m
+26.02%
|
$399.9m
+5.66%
|
$421.5m
+5.41%
|
$435.3m
+3.26%
|
$458.7m
+5.37%
|
|
| Interest Income (Expense), Net | ($4.6m) |
($7.2m)
-57.16%
|
— | — | — | — | — | — | — | — | — | |
| Research and Development Expense | $32.0m | $41.7m | $51.0m | $56.0m | $61.0m | $72.5m | $85.8m | $91.7m | $95.5m | $95.5m | $94.2m | |
| Selling, General and Administrative Expense | $81.7m | $102.0m | $115.9m | $118.4m | $109.9m | $129.2m | $158.9m | $164.5m | $175.9m | $195.7m | $217.3m | |
| Amortization of Intangible Assets | $8.3m | $12.1m | $15.6m | $15.9m | $14.0m | $16.6m | $26.3m | $20.4m | $25.8m | $27.5m | — | |
| Restructuring Costs | $3.0m | $346k | $2.0m | $8.6m | $4.5m | $8.3m | $4.4m | $11.8m | $10.5m | $16.1m | — | |
| Operating Expenses | $129.9m | $163.3m | $190.5m | $206.8m | $188.6m | $236.3m | $275.4m | $289.4m | $311.0m | $341.3m | $338.8m | |
| Operating Income (Loss) | $32.6m |
$57.2m
+75.64%
|
$71.0m
+24.16%
|
$55.3m
-22.15%
|
$55.9m
+1.10%
|
$64.1m
+14.61%
|
$103.1m
+60.93%
|
$110.5m
+7.20%
|
$110.6m
+0.08%
|
$94.0m
-14.99%
|
$119.9m
+27.56%
|
|
| Foreign Currency Transaction Gain (Loss), before Tax | $2.3m | ($447k) | $147k | ($780k) | ($942k) | ($127k) | $67k | ($255k) | $413k | ($2.2m) | — | |
| Other Nonoperating Income (Expense) | $2.2m | $142k | ($44k) | ($243k) | $21k | ($368k) | ($371k) | ($675k) | ($442k) | ($708k) | — | |
| Income (Loss) from Equity Method Investments | $2.2m | $104k | — | — | — | — | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | ($9.8m) | ($8.5m) | ($6.6m) | ($7.4m) | ($15.6m) | ($25.8m) | ($31.5m) | ($21.5m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $32.5m | $76.1m | $61.3m | $45.8m | $48.4m | $56.2m | $87.2m | $83.7m | $79.1m | $69.6m | $79.7m | |
| Current Income Tax Expense (Benefit) | $12.3m | $16.4m | $16.3m | $9.3m | $8.0m | $9.8m | $31.8m | $25.6m | $30.9m | $24.7m | $17.9m | |
| Income Tax Expense (Benefit) | $10.5m | $13.8m | $10.2m | $5.0m | $3.9m | $5.8m | $13.1m | $10.9m | $15.0m | $15.8m | $17.9m | |
| Net Income (Loss) Attributable to Parent | $22.0m |
$60.1m
+172.92%
|
$49.1m
-18.22%
|
$40.8m
-16.97%
|
$44.5m
+9.19%
|
$50.3m
+13.05%
|
$74.1m
+47.13%
|
$72.9m
-1.58%
|
$64.1m
-12.06%
|
$53.8m
-16.01%
|
$61.8m
+14.74%
|
|
| Earnings Per Share, Basic | $0.63 | $1.14 | $1.46 | $1.16 | $1.27 | $1.42 | $2.08 | $2.03 | $1.78 | $1.47 | $1.59 | |
| Earnings Per Share, Diluted | $0.63 | $1.13 | $1.43 | $1.15 | $1.25 | $1.41 | $2.06 | $2.02 | $1.77 | $1.47 | $1.58 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | $1 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | $1 | — | — | — | — | — | — | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 34.7m | 34.8m | 34.9m | 35.0m | 35.1m | 35.4m | 35.7m | 35.8m | 36.0m | 36.6m | 38.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 34.9m | 35.3m | 35.5m | 35.5m | 35.7m | 35.8m | 35.9m | 36.0m | 36.1m | 36.7m | 39.1m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | $7.2m | $6.0m | $7.9m | ($667k) | $9.7m | ($24k) | $1.0m | $3.2m | $6.5m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $22.0m | $60.1m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $22.0m | $62.3m | — | — | — | — | — | — | — | — | — |