Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $385M | $521M | $614M | $626M | $591M | $707M | $861M | $882M | $949M | $981M |
| Revenue growth | — | 35.5% | 17.8% | 1.9% | -5.7% | 19.7% | 21.8% | 2.4% | 7.7% | 3.3% |
| Gross profit | $162M | $221M | $262M | $262M | $245M | $300M | $378M | $400M | $422M | $435M |
| Gross margin | 42.2% | 42.3% | 42.6% | 41.9% | 41.4% | 42.5% | 44.0% | 45.4% | 44.4% | 44.4% |
| Operating income | $33.0M | $57.6M | $71.0M | $55.3M | $55.9M | $64.1M | $103M | $110M | $111M | $94.0M |
| Operating margin | 8.6% | 11.0% | 11.6% | 8.8% | 9.5% | 9.1% | 12.0% | 12.5% | 11.6% | 9.6% |
| Net income | $22.0M | $60.1M | $49.1M | $40.8M | $44.5M | $50.3M | $74.1M | $72.9M | $64.1M | $53.8M |
| Net margin | 5.7% | 11.5% | 8.0% | 6.5% | 7.5% | 7.1% | 8.6% | 8.3% | 6.8% | 5.5% |
| EPS (diluted) | $0.63 | $1.13 | $1.43 | $1.15 | $1.25 | $1.41 | $2.06 | $2.02 | $1.77 | $1.47 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $47.8M | $63.4M | $89.6M | $63.2M | $140M | $94.6M | $90.8M | $120M | $159M | $64.1M |
| Capital expenditures | $8.46M | $9.09M | $14.7M | $10.7M | $10.5M | $20.0M | $19.6M | $20.0M | $17.2M | $15.6M |
| Free cash flow | $39.3M | $54.3M | $75.0M | $52.5M | $130M | $74.6M | $71.1M | $100M | $141M | $48.4M |
| Share buybacks | $1.63M | $370K | $5.85M | $10.0M | $5.50M | — | $10.0M | — | — | $39.3M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $68.1M | $100M | $82.0M | $78.9M | $125M | $117M | $100M | $105M | $114M | $381M |
| Total assets | $426M | $727M | $720M | $870M | $865M | $1.23B | $1.24B | $1.23B | $1.39B | $1.81B |
| Total liabilities | $167M | $368M | $351M | $453M | $388M | $707M | $664M | $553M | $643M | $493M |
| Long-term debt | $70.6M | $226M | $203M | $215M | $195M | $429M | $431M | $349M | $412M | $213M |
| Shareholders' equity | $259M | $312M | $368M | $417M | $477M | $521M | $578M | $673M | $746M | $1.31B |
| Retained earnings | -$168M | -$128M | -$79.1M | -$38.3M | $6.20M | $56.5M | $131M | $203M | $268M | $321M |
| Shares (wtd avg diluted) | 34.9M | 35.3M | 35.5M | 35.5M | 35.7M | 35.8M | 35.9M | 36.0M | 36.1M | 36.7M |
Every figure is extracted from NOVANTA INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.