We combine deep expertise at the intersection of photonics and motion with a proven ability to solve complex technical challenges. This enables Novanta to engineer core components and sub-systems that deliver extreme precision and performance, tailored to our customers' demanding applications. We deliver solutions through our businesses serving customers in key market segments around the world. The driving force behind our growth is the team of innovative professionals who share a commitment to innovation and customer success. Novanta's common shares are quoted on NASDAQ under the ticker symbol "NOVT".

Novanta companies include:
- Cambridge Technology
- Celera Motion
- Synrad
- NDS Surgical Imaging
- Westwind Air Bearings (UK)

Company Growth (employees)
Bedford, US
Size (employees)
1,269 (est)
Novanta was founded in 1968 and is headquartered in Bedford, US

Novanta Office Locations

Novanta has offices in Bedford, Los Angeles, Loomis, Mukilteo and in 15 other locations
Bedford, US (HQ)
125 Middlesex Turnpike
Loomis, US
5915 Jetton Ln
Los Angeles, US
9731 Topanga Canyon Pl
Mukilteo, US
4600 Campus Pl
North Syracuse, US
7279 William Barry Blvd
San Jose, US
5750 Hellyer Ave
Show all (19)

Novanta Financials and Metrics

Novanta Financials

Novanta's revenue was reported to be $384.8 m in FY, 2016

Revenue (Q2, 2017)

119.1 m

Gross profit (Q2, 2017)

53.5 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

10 m

Market capitalization (31-Oct-2017)

1.6 b

Closing share price (31-Oct-2017)


Cash (30-Jun-2017)

89.1 m


1.7 b
Novanta's current market capitalization is $1.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


341.6 m364.7 m373.6 m384.8 m

Revenue growth, %


Cost of goods sold

202.2 m214.5 m215.7 m222.3 m

Gross profit

139.4 m150.2 m157.9 m162.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


85.5 m79.1 m96.9 m94.7 m92.3 m94.6 m96.5 m90.3 m97.7 m97.8 m109 m119.1 m

Cost of goods sold

49.7 m47 m58.3 m55 m52.4 m54.6 m55.1 m53.4 m56.2 m56.6 m62.9 m65.6 m

Gross profit

35.8 m32.1 m38.7 m39.7 m39.9 m40 m41.3 m36.9 m41.5 m41.2 m46.1 m53.5 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


61 m51.1 m60 m68.1 m

Accounts Receivable

48.6 m51.5 m57.2 m13.7 m


66.7 m62.9 m59.6 m59.7 m

Current Assets

199.8 m183.3 m185.2 m199.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


53.7 m31.7 m45 m53.5 m80.1 m47.5 m81.1 m67.9 m60.5 m64.7 m80 m89.1 m


65.1 m63.8 m64.6 m62.8 m61.3 m60.7 m60.4 m61.8 m60 m59.6 m71 m76.8 m

Current Assets

194.8 m192.1 m199 m192 m212.3 m193 m212.6 m195.4 m187.5 m196.3 m230 m245.7 m


32.7 m31.4 m40.2 m39.6 m37.6 m37.6 m37.8 m36.2 m37.6 m34.9 m36.8 m36.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

7.3 m(24.2 m)35.6 m22 m

Depreciation and Amortization

20.2 m23.8 m19.1 m20.4 m

Accounts Receivable

(1.9 m)3.5 m(7.5 m)(6.4 m)


(3.2 m)(991 k)(3.3 m)(2.9 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

3 m990 k1.7 m6.2 m29.5 m3.4 m22.9 m1.9 m6.8 m14.2 m34.3 m44.3 m

Depreciation and Amortization

15.3 m4.8 m11.2 m17.5 m14.1 m4.8 m9.4 m5.2 m10.2 m15.3 m6.5 m13.6 m

Accounts Receivable

(7.1 m)(4.9 m)(429 k)(835 k)(7 m)(5.1 m)(5.2 m)(1.1 m)587 k(3.7 m)(3.7 m)(2.4 m)


470 k1.4 m60 k116 k(5.4 m)(4 m)(3.8 m)(3.5 m)(1.6 m)(1.5 m)(4.4 m)(10.9 m)
Y, 2017


56.3 x

Financial Leverage

1.8 x
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Novanta Operating Metrics

Novanta's Backlog was reported to be $115 m in FY, 2016, which is a 19% increase from the previous period
FY, 2014FY, 2015FY, 2016Apr, 2017

Manufacturing Facilities (Asia-Pacific)


Manufacturing Facilities (Americas)


Manufacturing Facilities (EMEA)



$82.1 m$96.8 m$115 m
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Novanta Market Value History

Novanta Revenue Breakdown

Novanta's Web-traffic and Trends

Novanta Company Life and Culture

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