Operating Expenses Summary of Novanta Inc.

Novanta Inc.'s latest annual operating expenses in 2023 was 284.4 Million USD , down -4.58% from previous year.
Novanta Inc.'s latest quarterly operating expenses in 2024 Q1 was 66.77 Million USD , down -1.22% from previous quarter.
Novanta Inc. reported a annual operating expenses of 271 Million USD in annual operating expenses 2022, up 24.17% from previous year.
Novanta Inc. reported a annual operating expenses of 218.25 Million USD in annual operating expenses 2021, up 18.09% from previous year.
Novanta Inc. reported a quarterly operating expenses of 66.77 Million USD for 2024 Q1, down -1.22% from previous quarter.
Novanta Inc. reported a quarterly operating expenses of 68.52 Million USD for 2024 Q2, up 2.62% from previous quarter.

Annual Operating Expenses Chart of Novanta Inc. (2023 - 1998)

Historical Annual Operating Expenses of Novanta Inc. (2023 - 1998)

Year	Operating Expenses	Operating Expenses Growth
2023	284.4 Million USD	-4.58%
2022	271 Million USD	24.17%
2021	218.25 Million USD	18.09%
2020	184.81 Million USD	-2.84%
2019	190.22 Million USD	4.25%
2018	182.47 Million USD	17.13%
2017	155.79 Million USD	27.76%
2016	121.94 Million USD	1.03%
2015	120.7 Million USD	-2.34%
2014	123.59 Million USD	7.41%
2013	115.07 Million USD	26.97%
2012	90.62 Million USD	-20.6%
2011	114.13 Million USD	3.86%
2010	109.9 Million USD	13.44%
2009	96.88 Million USD	-17.34%
2008	117.2 Million USD	20.31%
2007	97.42 Million USD	-4.14%
2006	101.63 Million USD	10.51%
2005	91.96 Million USD	5.49%
2004	87.18 Million USD	25.74%
2003	69.33 Million USD	-14.47%
2002	81.06 Million USD	-18.56%
2001	99.53 Million USD	-22.95%
2000	129.18 Million USD	18.96%
1999	108.6 Million USD	90.19%
1998	57.1 Million USD	0.0%

Year	Operating Expenses	Operating Expenses Growth
2024 Q3	76.66 Million USD	11.87%
2024 Q1	66.77 Million USD	-1.22%
2024 Q2	68.52 Million USD	2.62%
2023 Q3	66.8 Million USD	-5.5%
2023 FY	258.58 Million USD	-4.58%
2023 Q4	67.59 Million USD	1.19%
2023 Q2	70.69 Million USD	2.69%
2023 Q1	68.84 Million USD	4.36%
2022 Q3	68.12 Million USD	9.65%
2022 Q4	65.96 Million USD	-3.17%
2022 FY	271 Million USD	24.17%
2022 Q1	67.62 Million USD	13.35%
2022 Q2	62.12 Million USD	-8.13%
2021 Q3	52.9 Million USD	2.17%
2021 FY	218.25 Million USD	18.09%
2021 Q2	51.78 Million USD	-3.95%
2021 Q1	53.91 Million USD	14.76%
2021 Q4	59.66 Million USD	12.77%
2020 Q1	49.53 Million USD	2.52%
2020 Q3	45.55 Million USD	6.53%
2020 Q4	46.97 Million USD	3.12%
2020 FY	184.81 Million USD	-2.84%
2020 Q2	42.75 Million USD	-13.68%
2019 Q4	48.31 Million USD	5.71%
2019 FY	190.22 Million USD	4.25%
2019 Q1	49.84 Million USD	9.32%
2019 Q2	46.36 Million USD	-6.98%
2019 Q3	45.7 Million USD	-1.42%
2018 Q1	44.9 Million USD	7.34%
2018 Q4	45.59 Million USD	-1.52%
2018 FY	182.47 Million USD	17.13%
2018 Q3	46.29 Million USD	1.36%
2018 Q2	45.67 Million USD	1.71%
2017 Q2	36.29 Million USD	3.5%
2017 Q3	42.6 Million USD	17.38%
2017 FY	155.79 Million USD	27.76%
2017 Q1	35.06 Million USD	19.25%
2017 Q4	41.83 Million USD	-1.79%
2016 FY	121.94 Million USD	1.03%
2016 Q4	29.4 Million USD	-5.14%
2016 Q3	30.99 Million USD	2.67%
2016 Q2	30.19 Million USD	-3.68%
2016 Q1	31.34 Million USD	10.4%
2015 FY	120.7 Million USD	-2.34%
2015 Q1	32.17 Million USD	-0.94%
2015 Q3	29.52 Million USD	-3.56%
2015 Q2	30.61 Million USD	-4.84%
2015 Q4	28.39 Million USD	-3.83%
2014 Q3	32.09 Million USD	0.88%
2014 FY	123.59 Million USD	7.41%
2014 Q4	32.47 Million USD	1.2%
2014 Q1	27.21 Million USD	-4.58%
2014 Q2	31.81 Million USD	16.87%
2013 Q4	28.52 Million USD	0.33%
2013 FY	115.07 Million USD	26.97%
2013 Q1	29.09 Million USD	29.13%
2013 Q2	29.01 Million USD	-0.27%
2013 Q3	28.43 Million USD	-2.02%
2012 FY	90.62 Million USD	-20.6%
2012 Q2	23.11 Million USD	-14.54%
2012 Q3	22.33 Million USD	-3.4%
2012 Q1	27.05 Million USD	0.48%
2012 Q4	22.53 Million USD	0.9%
2011 FY	114.13 Million USD	3.86%
2011 Q1	28.57 Million USD	1.18%
2011 Q3	28.36 Million USD	-6.34%
2011 Q4	26.92 Million USD	-5.06%
2011 Q2	30.28 Million USD	5.99%
2010 Q3	29.49 Million USD	13.03%
2010 Q1	26.06 Million USD	-0.78%
2010 Q2	26.09 Million USD	0.13%
2010 FY	109.9 Million USD	13.44%
2010 Q4	28.23 Million USD	-4.27%
2009 FY	96.88 Million USD	-17.34%
2009 Q4	26.27 Million USD	5.2%
2009 Q3	24.97 Million USD	2.55%
2009 Q2	24.35 Million USD	-3.59%
2009 Q1	25.25 Million USD	-20.01%
2008 FY	117.2 Million USD	20.31%
2008 Q2	23.77 Million USD	-8.1%
2008 Q1	25.87 Million USD	2.86%
2008 Q4	31.57 Million USD	-19.72%
2008 Q3	39.33 Million USD	65.44%
2007 Q2	24.44 Million USD	5.08%
2007 FY	97.42 Million USD	-4.14%
2007 Q3	24.6 Million USD	0.64%
2007 Q4	25.15 Million USD	2.23%
2007 Q1	23.26 Million USD	-12.17%
2006 Q2	24.66 Million USD	1.97%
2006 FY	101.63 Million USD	10.51%
2006 Q3	26.2 Million USD	6.24%
2006 Q4	26.48 Million USD	1.07%
2006 Q1	24.18 Million USD	4.11%
2005 Q4	23.23 Million USD	6.45%
2005 Q3	21.82 Million USD	378.22%
2005 Q2	4.56 Million USD	-80.81%
2005 Q1	23.78 Million USD	8.65%
2005 FY	91.96 Million USD	5.49%
2004 FY	87.18 Million USD	25.74%
2004 Q1	19.79 Million USD	8.45%
2004 Q2	21.69 Million USD	9.59%
2004 Q3	23.8 Million USD	9.74%
2004 Q4	21.89 Million USD	-8.01%
2003 Q1	16.78 Million USD	-7.89%
2003 Q3	15.72 Million USD	-15.35%
2003 Q4	18.25 Million USD	16.05%
2003 Q2	18.57 Million USD	10.7%
2003 FY	69.33 Million USD	-14.47%
2002 Q2	21.95 Million USD	6.38%
2002 Q1	20.63 Million USD	-15.61%
2002 FY	81.06 Million USD	-18.56%
2002 Q4	18.22 Million USD	-12.22%
2002 Q3	20.75 Million USD	-5.45%
2001 Q3	23.2 Million USD	-10.49%
2001 Q2	25.92 Million USD	-0.05%
2001 Q1	25.94 Million USD	-23.44%
2001 FY	99.53 Million USD	-22.95%
2001 Q4	24.45 Million USD	5.37%
2000 Q3	32.21 Million USD	3.84%
2000 FY	129.18 Million USD	18.96%
2000 Q4	33.88 Million USD	5.18%
2000 Q2	31.02 Million USD	-3.23%
2000 Q1	32.06 Million USD	14.92%
1999 Q1	19.2 Million USD	0.0%
1999 Q4	27.9 Million USD	-6.69%
1999 Q2	31.6 Million USD	64.58%
1999 FY	108.6 Million USD	90.19%
1999 Q3	29.9 Million USD	-5.38%
1998 FY	57.1 Million USD	0.0%

Peer Operating Expenses Comparison of Novanta Inc.

Name	Operating Expenses	Operating Expenses Difference
Allient Inc.	141.36 Million USD	-101.176%
Bel Fuse Inc.	127.87 Million USD	-122.409%
Bel Fuse Inc.	127.87 Million USD	-122.409%
Cognex Corporation	478.53 Million USD	40.569%
Coherent, Inc.	1.45 Billion USD	80.466%
CPS Technologies Corporation	5.12 Million USD	-5448.155%
Data I/O Corporation	15.73 Million USD	-1707.097%
Daktronics, Inc.	135.32 Million USD	-110.157%
Deswell Industries, Inc.	10.11 Million USD	-2710.842%
Electro-Sensors, Inc.	4.27 Million USD	-6555.769%
Eltek Ltd.	5.8 Million USD	-4797.555%
FARO Technologies, Inc.	199.14 Million USD	-42.813%
Focus Universal Inc.	4.88 Million USD	-5717.626%
Flex Ltd.	922 Million USD	69.154%
Genasys Inc.	32.74 Million USD	-768.453%
Integrated Media Technology Limited	21.96 Million USD	-1194.698%
Itron, Inc.	521.46 Million USD	45.461%
Kopin Corporation	32.61 Million USD	-771.881%
Littelfuse, Inc.	539.37 Million USD	47.273%
Interlink Electronics, Inc.	6.99 Million USD	-3964.033%
LightPath Technologies, Inc.	16.45 Million USD	-1628.051%
Luna Innovations Incorporated	68.38 Million USD	-315.906%
LSI Industries Inc.	96.61 Million USD	-194.356%
MIND Technology, Inc.	14.27 Million USD	-1892.301%
MIND Technology, Inc.	14.27 Million USD	-1892.301%
MKS Instruments, Inc.	963 Million USD	70.467%
Mesa Laboratories, Inc.	406.55 Million USD	30.046%
Maris-Tech Ltd.	4.85 Million USD	-5755.489%
Maris-Tech Ltd.	4.85 Million USD	-5755.489%
MicroVision, Inc.	93.36 Million USD	-204.622%
Neonode Inc.	10.65 Million USD	-2570.181%
Nortech Systems Incorporated	17.15 Million USD	-1558.218%
Syntec Optics Holdings, Inc.	6.37 Million USD	-4357.78%
Syntec Optics Holdings, Inc.	6.37 Million USD	-4357.78%
OSI Systems, Inc.	341.39 Million USD	16.695%
Ostin Technology Group Co., Ltd.	12.3 Million USD	-2210.417%
Plexus Corp.	190.54 Million USD	-49.26%
Research Frontiers Incorporated	583.26 Thousand USD	-48660.085%
Richardson Electronics, Ltd.	59.54 Million USD	-377.6%
Sanmina Corporation	304.93 Million USD	6.734%
Satellogic Inc.	74.42 Million USD	-282.152%
Satellogic Inc.	74.42 Million USD	-282.152%
SigmaTron International, Inc.	26.39 Million USD	-977.587%
Soluna Holdings, Inc.	35.7 Million USD	-696.508%
Soluna Holdings, Inc.	35.7 Million USD	-696.508%
Schmitt Industries, Inc.	15.68 Million USD	-1713.266%
SOBR Safe, Inc.	9.66 Million USD	-2843.227%
Sono-Tek Corporation	8.66 Million USD	-3183.284%
Trimble Inc.	1.73 Billion USD	83.606%
TTM Technologies, Inc.	370.95 Million USD	23.332%
Vicor Corporation	84.29 Thousand USD	-337287.745%
Energous Corporation	21.93 Million USD	-1196.537%
Wrap Technologies, Inc.	21.62 Million USD	-1214.967%

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Novanta Inc. (NOVT)

Operating Expenses Summary of Novanta Inc.

Annual Operating Expenses Chart of Novanta Inc. (2023 - 1998)

Historical Annual Operating Expenses of Novanta Inc. (2023 - 1998)

Peer Operating Expenses Comparison of Novanta Inc.