Novanta Inc. is a precision technology manufacturer serving medical and industrial automation markets. The company designs and produces laser beam delivery systems, lasers across multiple wavelengths, optical and inductive encoders, precision motors, motion control solutions, and robotic end-of-arm tooling. Its product portfolio also encompasses medical-grade equipment including insufflators, pumps, video processing systems, machine vision technologies, and RFID and barcode identification systems. The company operates through an extensive portfolio of acquired brands including Cambridge Technology, Synrad, Laser Quantum, ATI Industrial Automation, Celera Motion, JADAK, ThingMagic, Photo Research, and others.
The company is organized into two primary segments: Automation Enabling Technologies and Medical Solutions. The Automation Enabling Technologies segment focuses on precision components and systems for industrial processes, robotic applications, and laser-based procedures in fields such as ophthalmology. The Medical Solutions segment provides integrated technologies for surgical and diagnostic applications, encompassing video capture and processing, motion control, identification technologies, and display systems for medical environments.
Novanta operates globally with approximately 3,000 full-time employees and is headquartered in Bedford, Massachusetts. The company was incorporated in Canada in 1968 and trades on the Nasdaq under the ticker NOVTU. Its distribution model combines direct sales forces with distributor networks across multiple geographic regions.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $1.47 | $1.47 | -16.9% | |
| 2024 | $1.77 | $1.78 | -12.4% | |
| 2023 | $2.02 | $2.03 | -1.9% | |
| 2022 | $2.06 | $2.08 | +46.1% | |
| 2021 | $1.41 | $1.42 | +12.8% | |
| 2020 | $1.25 | $1.27 | +8.7% | |
| 2019 | $1.15 | $1.16 | -19.6% | |
| 2018 | $1.43 | $1.46 | +26.5% | |
| 2017 | $1.13 | $1.14 | +79.4% | |
| 2016 | $0.63 | $0.63 | +250.0% | |
| 2015 | $0.18 | $0.18 | +120.5% | |
| 2014 | $-0.88 | $-0.88 | -776.9% | |
| 2013 | $0.13 | $0.13 | -72.3% | |
| 2012 | $0.47 | $0.47 | -45.3% | |
| 2011 | $0.86 | $0.87 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-23 | 0001193125-26-064230 | SEC ↗ |
| 2024-12-31 | 2025-02-25 | 0000950170-25-026131 | SEC ↗ |
| 2023-12-31 | 2024-02-28 | 0000950170-24-021689 | SEC ↗ |
| 2022-12-31 | 2023-03-01 | 0000950170-23-005365 | SEC ↗ |
| 2021-12-31 | 2022-03-01 | 0001564590-22-007880 | SEC ↗ |
| 2020-12-31 | 2021-03-01 | 0001564590-21-009673 | SEC ↗ |
| 2019-12-31 | 2020-02-26 | 0001564590-20-006601 | SEC ↗ |
| 2018-12-31 | 2019-02-27 | 0001564590-19-004717 | SEC ↗ |
| 2017-12-31 | 2018-02-28 | 0001564590-18-003687 | SEC ↗ |
| 2016-12-31 | 2017-03-06 | 0001564590-17-003421 | SEC ↗ |
| 2015-12-31 | 2016-03-02 | 0001564590-16-013893 | SEC ↗ |
| 2014-12-31 | 2015-03-09 | 0001564590-15-001413 | SEC ↗ |
| 2013-12-31 | 2014-03-13 | 0001193125-14-098040 | SEC ↗ |
| 2012-12-31 | 2013-03-18 | 0001193125-13-112072 | SEC ↗ |
| 2011-12-31 | 2012-03-14 | 0001193125-12-114902 | SEC ↗ |
| 2010-12-31 | 2011-03-30 | 0001193125-11-083091 | SEC ↗ |
| 2009-12-31 | 2010-10-01 | 0001193125-10-221865 | SEC ↗ |