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 10 other locations
Bedford, US (HQ)
125 Middlesex Turnpike
Shinagawa-ku, JP
Bresso, IT
5 Via Giuseppe Mazzini
Holton Heath, GB
Holton Rd
Zevenhuizen, NL
28 Nijverheidscentrum
Breda, NL
16 Emmastraat
Show all (14)

Novanta Financials and Metrics

Novanta Financials

Novanta's revenue was reported to be $109 m in Q1, 2017

Revenue (Q1, 2017)

109 m

Gross profit (Q1, 2017)

46.1 m

Gross profit margin (Q1, 2017), %


Net income (Q1, 2017)

34.3 m

Market capitalization (21-Sep-2017)

1.5 b

Closing share price (21-Sep-2017)


Cash (31-Mar-2017)

80 m
Novanta's current market capitalization is $1.5 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
USDQ2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2017


96.9 m94.7 m94.6 m96.5 m92.3 m90.3 m97.7 m97.8 m109 m

Cost of goods sold

58.3 m55 m54.6 m55.1 m52.4 m53.4 m56.2 m56.6 m62.9 m

Gross profit

38.7 m39.7 m40 m41.3 m39.9 m36.9 m41.5 m41.2 m46.1 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
USDQ2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2017


45 m53.5 m47.5 m81.1 m80.1 m67.9 m60.5 m64.7 m80 m


64.6 m62.8 m60.7 m60.4 m61.3 m61.8 m60 m59.6 m71 m

Current Assets

199 m192 m193 m212.6 m212.3 m195.4 m187.5 m196.3 m230 m


40.2 m39.6 m37.6 m37.8 m37.6 m36.2 m37.6 m34.9 m36.8 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)
USDQ2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2017

Net Income

1.7 m6.2 m3.4 m22.9 m29.5 m1.9 m6.8 m14.2 m34.3 m

Depreciation and Amortization

11.2 m17.5 m4.8 m9.4 m14.1 m5.2 m10.2 m15.3 m6.5 m

Accounts Receivable

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


60 k116 k(4 m)(3.8 m)(5.4 m)(3.5 m)(1.6 m)(1.5 m)(4.4 m)
USDY, 2017


85.9 k

Financial Leverage

1.8 x
Show all financial metrics

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
Show all operating metrics

Novanta Market Value History

Novanta Revenue Breakdown

Novanta Job Categories

Traffic Overview of Novanta

Novanta Company Life and Culture

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