Novanta R&D Spending Growth & History (NOVT)

Novanta's r&d spending was $95.5M for fiscal 2025.

View full Novanta company overview

Novanta annual r&d spending history

Novanta annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20252025-12-31$95.5M−$31,000−0.03%
20242024-12-31$95.5M$3.8M+4.18%
20232023-12-31$91.7M$5.9M+6.89%
20222022-12-31$85.8M$13.2M+18.27%
20212021-12-31$72.5M$11.5M+18.90%
20202020-12-31$61.0M$5.0M+8.99%
20192019-12-31$56.0M$4.9M+9.68%
20182018-12-31$51.0M$9.4M+22.44%
20172017-12-31$41.7M$9.7M+30.22%
20162016-12-31$32.0M$959,000+3.09%
20152015-12-31$31.0M$2.1M+7.21%
20142014-12-31$29.0M$5.2M+21.72%
20132013-12-31$23.8M$5.3M+28.37%
20122012-12-31$18.5M−$4.9M−20.99%
20112011-12-31$23.5M$1.2M+5.19%
20102010-12-31$22.3M−$6.0M−21.08%
20092009-12-31$28.3M

Novanta r&d spending trends

Over the last five fiscal years, Novanta's r&d spending increased from $61.0M to $95.5M, a change of $34.5M. The latest reported quarter, Q2 2026, shows $24.0M.

About the metric

What research and development spending means

Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.

Calculation and source

SEC-reported R&D expense

TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Novanta source filings ↗

Community posts

It’s quiet here.

No posts about NOVT yet. Start the conversation.

Write the first post