Novanta Inc (NOVT) Gross Profit Margin starting from the third quarter 2026 to third quarter 2025, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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Novanta Inc   (NASDAQ: NOVT)


Novanta Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



NOVT Gross Profit Margin (Oct 02 2026)
Q3
(Jul 03 2026)
Q2
(Apr 03 2026)
Q1
(Dec 31 2025)
Q4
(Sep 26 2025)
Q3
Y / Y Revenue Change 23.52 %
Seq. Revenue Change 14.75 %
Revenue In Millions $305.01
Gross Profit Margin 44.47 %
Gross Profit Margin Total Ranking # 1931
Gross Profit In Millions $135.64
Y / Y Gross Profit Change 22.28 %
Seq. Gross Profit Change 12.18 %


Commenting Third Quarter 2026 Gross Profit Margin
Novanta Inc has managed to improve its Revenue sequentially to $305.01 millions by 14.75 % faster than Gross Profit increase of 12.18 % to $135.64 millions, this led to contraction in Gross Profit Margin to 44.47 %, but the Novanta Inc III. Quarter Gross Profit Margin remained above company average rate of 42.77%.


Observing third quarter 2026 results within Industrial Machinery and Components industry 24 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 1931, from total ranking in the previous quarter at 2123.
Learn about Gross Margin
NOVT's Gross Profit Margin third quarter 2026 Company Ranking
Within: No.
Industrial Machinery and Components Industry # 25
Capital Goods Sector # 53
Overall # 1913

Gross Profit Margin Statistics
High Average Low
46.05 % 42.77 % 39.89 %
(Sep 29 2023)   (Jun 27 2014)




Other Gross Profit Margin Profitability Ratios
NOVT's Cumulative Gross Profit Margin
Industrial Machinery and Components Industry Gross Profit Margin Trends and Statistics
Capital Goods Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
NOVT's Gross Profit Margin Profitability versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for NOVT's Competitors
Gross Profit Margin Profit Margin for Novanta Inc 's Suppliers
Gross Profit Margin Profit Margin for NOVT's Customers

You may also want to know
NOVT's Annual Growth Rates NOVT's Profitability Ratios NOVT's Asset Turnover Ratio NOVT's Dividend Growth
NOVT's Roe NOVT's Valuation Ratios NOVT's Financial Strength Ratios NOVT's Gross Profit Growth
NOVT's Roa NOVT's Inventory Turnover Ratio NOVT's Growth Rates NOVT's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Oct 02 2026, within Industrial Machinery and Components Industry Gross Profit MarginOct 02 2026 MRQ Gross ProfitOct 02 2026 MRQ Revenue
Byrna Technologies Inc   79.46 %$ 12.154  Millions$ 15.296  Millions
Aura Systems Inc  67.65 %$ 0.023  Millions$ 0.034  Millions
Kennametal Inc   66.85 %$ 513.571  Millions$ 768.193  Millions
Cricut Inc   57.72 %$ 108.878  Millions$ 188.622  Millions
Illinois Tool Works Inc  53.64 %$ 2,272.000  Millions$ 4,236.000  Millions
Sono Tek Corp  52.88 %$ 2.767  Millions$ 5.232  Millions
Lam Research Corporation  52.30 %$ 4,298.853  Millions$ 8,219.418  Millions
Zurn Elkay Water Solutions Corporation  49.65 %$ 245.800  Millions$ 495.100  Millions
Hayward Holdings Inc   47.92 %$ 124.650  Millions$ 260.134  Millions
Vontier Corporation  47.60 %$ 350.800  Millions$ 736.900  Millions
Enerpac Tool Group Corp   47.07 %$ 87.419  Millions$ 185.732  Millions
Zebra Technologies Corporation  45.72 %$ 738.000  Millions$ 1,614.000  Millions
Fuel Tech Inc   45.01 %$ 3.905  Millions$ 8.676  Millions
Ingersoll Rand Inc   44.76 %$ 924.300  Millions$ 2,064.900  Millions
Kadant Inc  44.73 %$ 140.089  Millions$ 313.160  Millions
Novanta Inc   44.47 %$ 135.638  Millions$ 305.008  Millions
Standex International Corp  44.37 %$ 103.200  Millions$ 232.575  Millions
Ouster Inc   42.58 %$ 25.259  Millions$ 59.325  Millions
Gates Industrial Corporation Plc  42.42 %$ 383.300  Millions$ 903.600  Millions
Tennant Co  42.29 %$ 136.300  Millions$ 322.300  Millions
Badger Meter Inc   41.90 %$ 98.849  Millions$ 235.938  Millions
Acm Research Inc   41.45 %$ 152.412  Millions$ 367.687  Millions
Axcelis Technologies Inc  40.97 %$ 97.424  Millions$ 237.781  Millions
Pentair Plc  40.48 %$ 395.200  Millions$ 976.400  Millions
Dover Corp  40.44 %$ 903.426  Millions$ 2,233.839  Millions
Alliance Laundry Holdings Inc   39.39 %$ 181.577  Millions$ 460.920  Millions
Esab Corporation  39.25 %$ 323.643  Millions$ 824.521  Millions
Spx Technologies Inc   39.12 %$ 279.500  Millions$ 714.500  Millions
Curtiss wright Corporation  39.01 %$ 371.639  Millions$ 952.590  Millions
Veeco Instruments Inc   38.39 %$ 80.389  Millions$ 209.384  Millions




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