Novanta (NOVT) Releases Q1 2026 Earnings: Revenue Up but EPS Miss, Margin Pressure

Novanta Inc. (NOVT) reported first-quarter 2026 revenue of $257.7 million, up 10.43% year‑over‑year, narrowly missing the consensus revenue estimate of $258.5 million.

Gross profit rose to $113.6 million (+8.84% YoY) while cost of sales was $144.1 million (+11.72% YoY), indicating margin pressure.

Operating profit fell to $27.5 million (‑15.06% YoY), reflecting higher costs despite revenue growth.

Net income attributable to common shareholders was $21.1 million (‑0.51% YoY).

Diluted earnings per share declined to $0.51 (‑13.56% YoY) versus an EPS estimate of $0.79.

Balance sheet and cash-flow items:

Cash from operating activities improved to $51.6 million, up 62.88% year‑over‑year.

Cash and cash equivalents increased to $388.8 million, a gain of 266.64% YoY.

Capital expenditures (purchases of property, plant and equipment) were $4.1 million (down 3.41% YoY).

Total liabilities decreased to $488.0 million (‑20.74% YoY).

In summary, Novanta (NOVT) delivered solid top-line growth with notable improvement in operating cash flow and a stronger cash position, but the company faced margin compression that weighed on operating profit and diluted EPS.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Novanta Inc. Insider Trading Activity

Novanta Inc. insiders have traded $NOVT stock on the open market 31 times in the past 6 months. Of those trades, 0 have been purchases and 31 have been sales.

Here’s a breakdown of recent trading of $NOVT stock by insiders over the last 6 months:

MATTHIJS GLASTRA (Chief Executive Officer) has made 0 purchases and 21 sales selling 47,500 shares for an estimated $6,458,215.
ROBERT BUCKLEY (Chief Financial Officer) has made 0 purchases and 8 sales selling 12,803 shares for an estimated $1,562,542.
THOMAS N SECOR has made 0 purchases and 2 sales selling 1,495 shares for an estimated $179,272.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

Novanta Inc. Hedge Fund Activity

We have seen 194 institutional investors add shares of Novanta Inc. stock to their portfolio, and 173 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MACQUARIE GROUP LTD removed 728,478 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $86,681,597
AMERICAN CENTURY COMPANIES INC added 591,243 shares (+inf%) to their portfolio in Q4 2025, for an estimated $70,352,004
NEUBERGER BERMAN GROUP LLC removed 496,437 shares (-98.8%) from their portfolio in Q4 2025, for an estimated $59,071,038
GW&K INVESTMENT MANAGEMENT, LLC added 480,413 shares (+187.3%) to their portfolio in Q4 2025, for an estimated $57,164,342
SCULPTOR CAPITAL LP added 430,838 shares (+inf%) to their portfolio in Q4 2025, for an estimated $51,265,413
SCHRODER INVESTMENT MANAGEMENT GROUP added 404,097 shares (+206.1%) to their portfolio in Q4 2025, for an estimated $48,083,502
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC added 377,232 shares (+27.0%) to their portfolio in Q1 2026, for an estimated $44,554,871

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Novanta Inc. Congressional Stock Trading

Members of Congress have traded $NOVT stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $NOVT stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 11/13.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.