Jun 2026 (Q2 FY26) — Aug 6, 2026
Novanta Q2 FY26 — Strong Organic Growth and Transformative Acquisition
Read the full callNovanta earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 266 | +10.3% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 6.8 | +0.6 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 12.5 | +178.9% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
1Y: $105.56 on 17 Oct 2025 → $131.52. High $168.75 (17 Aug 2026), low $99.22 (20 Nov 2025).
Overview
Call summaries
Novanta Q2 FY26 — Strong Organic Growth and Transformative Acquisition
Read the full callNovanta Q1 FY26 — Strong Bookings and Organic Growth Acceleration
Read the full callNovanta Q4 FY25 — Strong Bookings and Organic Growth Return, AI Tailwinds Emerging
Read the full callEvery analysed call
Financials
Net profit, year on year: +179% (quarter to jul 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 244 | 238 | 233 | 241 | 248 | 258 | 258 | 266 |
| Operating profit | 33 | 27 | 32 | 15 | 22 | 25 | 28 | 18 |
| Operating margin | 13.3% | 11.2% | 13.9% | 6.2% | 8.8% | 9.6% | 10.7% | 6.8% |
| Profit before tax | 24 | 21 | 26 | 6 | 16 | 22 | 26 | 16 |
| Tax rate | 20.8% | 20.8% | 19.7% | 22.3% | 32.4% | 19.4% | 19.9% | 21.1% |
| Net profit | 19 | 16 | 21 | 4 | 11 | 17 | 21 | 13 |
| EPS ($ per share) | 0.53 | — | 0.59 | 0.12 | 0.30 | — | 0.52 | 0.31 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 424 | 424 | 424 | 424 | 424 | 424 | 424 | 424 |
| Reserves | -79 | -38 | 6 | 57 | 131 | 203 | 268 | 321 |
| Total liabilities | 351 | 453 | 388 | 707 | 664 | 553 | 643 | 493 |
| Fixed assets | 65 | 78 | 79 | 87 | 103 | 109 | 113 | 118 |
| Total assets | 720 | 870 | 865 | 1,228 | 1,241 | 1,226 | 1,389 | 1,807 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 90 | 63 | 140 | 95 | 91 | 120 | 159 | 64 |
| Cash from investing | -46 | -64 | -13 | -307 | -43 | -20 | -208 | -74 |
| Cash from financing | -60 | -4 | -84 | 205 | -60 | -98 | 57 | 276 |
| Net cash flow | -18 | -3 | 46 | -8 | -17 | 5 | 9 | 267 |
| Capital expenditure | -15 | -11 | -11 | -20 | -20 | -20 | -17 | -16 |
| Free cash flow | 75 | 53 | 130 | 75 | 71 | 100 | 141 | 48 |
| KPI | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Book-to-bill | 1.11 ratioBookings surged 25% year-over-year and 12% sequentially with a book-to-bill of 1.11.Source: earnings call transcript | 1.1 ratioBookings grew 37% year-over-year with a book-to-bill of 1.10 on continued new product momentum and strong commercial execution.Source: earnings call transcript | — | -0.9% |
| Vitality Index | 24%New product sales in the fourth quarter grew over 80% year-over-year, raising the Vitality Index to 24% of sales.Source: earnings call transcript | 27%In addition, new product sales grew over 50% year-over-year, raising the Vitality Index to 27% of sales.Source: earnings call transcript | ~29%New product revenue grew by more than 50% in the quarter and is up over 60% year-to-date, lifting our vitality index to approximately 29% of sales from 21% a year ago.Source: earnings call transcript | — |
| Book-to-bill Automation Enabling Technologies | 1.16 ratioThe book-to-bill in this segment was 1.16 and bookings were up 33% year-over-year.Source: earnings call transcript | 1.15 ratioThe book-to-bill in this segment was 1.15 and bookings were up 35% year-over-year.Source: earnings call transcript | 1.1 ratioThe book-to-bill in this segment was 1.1 and bookings were up 18% year-over-year.Source: earnings call transcript | -4.3% |
| Book-to-bill Medical Solutions | 1.07 ratioThis segment saw a book-to-bill of 1.07 in the fourth quarter and bookings were up 17% year-over-year.Source: earnings call transcript | 1.04 ratioThis segment saw a book-to-bill of 1.04 in the quarter and bookings were up 40% year-over-year.Source: earnings call transcript | 0.79 ratioThis segment saw a book-to-bill of 0.79 in the second quarter and year-to-date had bookings growth of greater than 10% year-over-year.Source: earnings call transcript | -24% |
| Vitality Index Medical Solutions | <28%New product sales in the fourth quarter grew by nearly 80% year-over-year and the Vitality Index in this segment was nearly 28% of sales.Source: earnings call transcript | — | 30%+New product sales grew by nearly 50% year-over-year and the vitality index in this segment was above 30% of sales.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
87 filings between Dec 2, 2025 and Sep 11, 2026.
Purchases
None
No insider bought shares.
Sales
$11.57M
45 sales by 3 insiders
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 2 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Glastra Matthijs | — | $9.73M | Jul 2, 2026 |
| Buckley Robert | — | $1.56M | Mar 16, 2026 |
| Secor Thomas N | — | $277.1K | Sep 11, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 11, 2026 | Secor Thomas N Director | Sale 10b5-1 plan | 663 | $97.9K |
| Jul 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 1,672 | $269.7K |
| Jul 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 3,024 | $484.2K |
| Jul 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 1,167 | $189.1K |
| Jul 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 200 | $32.8K |
| Jul 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 437 | $71.5K |
| Jun 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 500 | $83.1K |
| Jun 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 38 | $6.3K |
| Jun 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 400 | $68.5K |
| Jun 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 1,301 | $220.9K |
| Jun 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 2,841 | $479.4K |
| Jun 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 1,420 | $238.1K |
| May 12, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 5,079 | $761.9K |
| May 12, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 2,421 | $366.4K |
| May 5, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 1,022 | $134.6K |
| May 5, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 23 | $3.1K |
| May 5, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 1,180 | $156.4K |
| May 5, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 4,275 | $558.3K |
| Apr 17, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 6,500 | $845.3K |
| Mar 16, 2026 | Buckley Robert Chief Financial Officer | Option exercise 10b5-1 plan | 9,957 | $140.7K |
| Mar 16, 2026 | Buckley Robert Chief Financial Officer | Sale 10b5-1 plan | 86 | $10.2K |
| Mar 16, 2026 | Buckley Robert Chief Financial Officer | Sale 10b5-1 plan | 1,937 | $228.1K |
| Mar 16, 2026 | Buckley Robert Chief Financial Officer | Sale 10b5-1 plan | 4,719 | $551.4K |
| Mar 16, 2026 | Buckley Robert Chief Financial Officer | Sale 10b5-1 plan | 3,215 | $373.0K |
| Mar 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 1,180 | $164.6K |
| Mar 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 940 | $130.3K |
| Mar 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 1,375 | $188.8K |
| Mar 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 586 | $79.9K |
| Mar 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 500 | $66.9K |
| Mar 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 1,796 | $252.3K |
| Mar 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 74 | $10.0K |
| Mar 2, 2026 | Glastra Matthijs Chief Executive Officer | Sale 10b5-1 plan | 49 | $6.5K |
| Feb 24, 2026 | Glastra Matthijs Chief Executive Officer | Tax withheld | 5,247 | $721.1K |
| Feb 24, 2026 | Glastra Matthijs Chief Executive Officer | Option exercise | 10,852 | — |
| Feb 24, 2026 | Ravetto Charles Guy JR Co-Chief Operating Officer | Tax withheld | 243 | $33.4K |
| Feb 24, 2026 | Ravetto Charles Guy JR Co-Chief Operating Officer | Option exercise | 825 | — |
| Feb 24, 2026 | Burke John Joseph II Chief Accounting Officer | Tax withheld | 141 | $19.4K |
| Feb 24, 2026 | Burke John Joseph II Chief Accounting Officer | Option exercise | 479 | — |
| Feb 24, 2026 | Buckley Robert Chief Financial Officer | Tax withheld | 2,624 | $360.6K |
| Feb 24, 2026 | Buckley Robert Chief Financial Officer | Option exercise | 5,426 | — |
| Feb 23, 2026 | Ravetto Charles Guy JR Co-Chief Operating Officer | Tax withheld | 311 | $44.3K |
| Feb 23, 2026 | Ravetto Charles Guy JR Co-Chief Operating Officer | Option exercise | 1,059 | — |
| Feb 23, 2026 | Burke John Joseph II Chief Accounting Officer | Option exercise | 519 | — |
| Feb 23, 2026 | Burke John Joseph II Chief Accounting Officer | Tax withheld | 176 | $25.1K |
| Feb 20, 2026 | Buckley Robert Chief Financial Officer | Option exercise 10b5-1 plan | 2,450 | — |
| Feb 20, 2026 | Glastra Matthijs Chief Executive Officer | Tax withheld | 2,574 | $375.7K |
| Feb 20, 2026 | Glastra Matthijs Chief Executive Officer | Option exercise | 5,322 | — |
| Feb 20, 2026 | Ravetto Charles Guy JR Co-Chief Operating Officer | Tax withheld | 480 | $70.1K |
| Feb 20, 2026 | Ravetto Charles Guy JR Co-Chief Operating Officer | Option exercise | 1,633 | — |
| Feb 20, 2026 | Lesica John Co-Chief Operating Officer | Tax withheld | 480 | $70.1K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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