
NOVTU — Novanta Inc. Tangible Equity Units
NASDAQ · Technology · Scientific & Technical Instruments
$61.69
+$0.77 (+1.26%)
Novanta Inc. Tangible Equity Units (NOVTU) is a scientific & technical instruments company listed on NASDAQ. It is led by Matthijs Glastra, based in 125 Middlesex Turnpike, Bedford, MA, United States, 01730, with about 3,000 employees. Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam steering and scanning solutions, laser sources, robotic and precision motion, robotic end-of-arm tooling, and bearing spindles. This segment serves advanced industrial processes, advanced industrial and medical robotics, other medical and life science automation applications, and medical laser procedures, such as ophthalmology applications. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; imaging, identification and RFID solutions; advanced motion control solutions; and light engines, and integrated operating room technologies. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is based in Bedford, Massachusetts.
Latest reported NOVTU revenue for 2025-09-26 was $247.8M. Net income was $10.7M. Revenue was up 2.8% from 2025-06-27 to 2025-09-26.
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About Novanta Inc. Tangible Equity Units
Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam steering and scanning solutions, laser sources, robotic and precision motion, robotic end-of-arm tooling, and bearing spindles. This segment serves advanced industrial processes, advanced industrial and medical robotics, other medical and life science automation applications, and medical laser procedures, such as ophthalmology applications. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; imaging, identification and RFID solutions; advanced motion control solutions; and light engines, and integrated operating room technologies. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is based in Bedford, Massachusetts.
NOVTU Key Statistics
Market Cap
$0.00M
Volume
1,885
Previous Close
$59.91
Day Range
$59.83 – $59.91
EPS
$1.77
Revenue
$949.25M
Net Income
$64.09M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
+7.7%
Profit Margin
6.8%
Employees
3,000
NOVTU Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $949.25M | $881.66M | $860.90M | $706.79M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | $64.09M | $72.88M | $74.05M | $50.33M |
| EPS (Diluted) | $1.77 | $2.02 | $2.06 | $1.41 |
Total Assets
$1.39B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$113.99M
Operating Cash Flow
$158.51M
Free Cash Flow
$0.00
Novanta Inc. Tangible Equity Units Company Information
- CEO & Chairman of the Board
- Matthijs Glastra
- Headquarters
- 125 Middlesex Turnpike, Bedford, MA, United States, 01730
- Website
- www.novanta.com
- Phone
- 781 266 5700
- IPO / Founded
- 2025-11-12
- Sector
- Technology
- Industry
- Scientific & Technical Instruments