What is the 13F Pro Quality Score for NOVT?

13F Pro ranks NOVANTA INC (NOVT) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View NOVT's current score at https://13fpro.ai/company/NOVT (free sign-up required for the full ranking).

Which hedge funds own the most NOVT stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of NOVT include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, PRICE T ROWE ASSOCIATES /MD/. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/NOVT as soon as new 13F filings post.

Where does 13F Pro source NOVT data?

All NOVANTA INC fundamentals and ownership data come directly from SEC EDGAR. NOVANTA INC files with the SEC under CIK 1076930. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is NOVT in?

NOVANTA INC (NOVT) is classified in the Technology sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/technology.

What drives NOVT's revenue?

Per NOVANTA INC's latest 10-Q filed with the SEC on 2026-08-05, the biggest revenue drivers are: Automation Enabling Technologies ($136.2M, +12.0% YoY); Medical Solutions ($129.6M, +8.6% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/NOVT.

What are NOVT's largest expenses?

NOVANTA INC's latest 10-Q reports these as the largest expense items: Cost of revenue ($144.9M, +7.8% YoY); Selling, general and administrative ($60.0M, +27.4% YoY); Research and development and engineering ($24.0M, -5.2% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended July 3, 2026).

How often is NOVT research updated on 13F Pro?

NOVT's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

NOVANTA INC(NOVT)Stock Analysis

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13F Pro Quality Score

51.2/100

Rank #1,551 of 2,961 stocks

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

46.2/100

Profitability

51.1/100

Balance Sheet

61.7/100

Earnings Quality

71.9/100

Free Cash Flow

57.8/100

Institutional Flow

33.1/100

Revenue Scale

50.5/100

Dilution Risk

32.4/100

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Why NOVT Scores 51/100

exact factor attribution · 2026-09-11

NOVT's composite is driven by earnings quality and free cash flow, held back by earnings growth. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Earnings quality

+2.2 pts

72th pct

Free cash flow

+1.2 pts

58th pct

Capital efficiency

+1.2 pts

62th pct

Profitability

+0.2 pts

51th pct

Scale

+0.1 pts

51th pct

Revenue growth

-0.8 pts

46th pct

Institutional flow

-0.8 pts

33th pct

Shareholder dilution

-0.9 pts

32th pct

Earnings growth

-1.1 pts

29th pct

Latest change (2026-08-05): 51 → 53 · ↑ Earnings growth 25→40; ↑ Institutional flow 39→50

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

NOVT Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for NOVANTA INC (NOVT), a Technology sector company. 13F Pro's AI-powered ranking engine scores NOVT at 51.2/100 on a 32-signal composite quality model, placing it at rank #1,551 of 2,961 stocks — the bottom half of the AI-ranked universe. Areas of concern include institutional flow (33.1), which score below median versus the broader universe. Shareholder dilution risk is elevated at 32.4/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), NOVANTA INC reports quarterly revenue of $265.8M, net income of $12.5M, an operating margin of 6.8%. Top institutional holders of NOVT by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, PRICE T ROWE ASSOCIATES, based on the most recent SEC filings. NOVT trades on the Nasdaq exchange and files with the SEC under CIK 1076930. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NOVT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NOVANTA INC directly from SEC EDGAR. NOVANTA INC's 13F Pro composite quality score has ranged between 46 and 65 since 2021, currently 51.2 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about NOVANTA INC

Quirks, history, and lore behind NOVT — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. precision technology company · small-cap · listed on Nasdaq · headquartered in Massachusetts.
2
The Numbers
Annual revenue in the range of roughly $900 million, with a focus on high-margin components that go inside other companies' machines rather than consumer products.
3
The History
Traces its roots to the early 2000s and has grown largely through acquisitions, stitching together a portfolio of niche precision-technology businesses over two decades.
4
The Secret
It makes the laser, motion, and robotics subsystems hidden inside medical and industrial machines — the kind of company whose parts you've never heard of but your surgeon has used.
5
The Lore
Its three core segments — Precision Medicine, Robotics & Automation, and Photonics — serve customers building surgical robots, DNA sequencers, and semiconductor equipment.
6
The Giveaway
Ticker NOVT, based in Bedford, Massachusetts — this is the quietly essential motion-and-photonics engine inside the machines that are quietly saving your life.

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What's Driving NOVT's Business? Latest 10-Q Breakdown

AI-extracted from NOVANTA INC's 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended July 3, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 revenue grew 10.3% YoY to $265.8M, with operating income up 21.1%, but SG&A expenses surged 27.4% driven by acquisition planning and system implementation costs.

Biggest Revenue Drivers

Automation Enabling Technologies$136.2M+12.0% YoY

Increase in sales of robotics and automation and precision manufacturing products.

Medical Solutions$129.6M+8.6% YoY

Increase in sales of advanced surgery and precision medicine products.

Biggest Revenue Drivers

Total revenue: $265.8M+10.3% YoY

Automation Enabling Technologies$136.2M+12.0% YoY

Increase in sales of robotics and automation and precision manufacturing products.

Medical Solutions$129.6M+8.6% YoY

Increase in sales of advanced surgery and precision medicine products.

Largest Expense Items

Cost of revenue$144.9M+7.8% YoY

Increased material inflationary costs and tariffs, partially offset by higher volumes and pricing.

Selling, general and administrative$60.0M+27.4% YoY

Higher variable employee compensation and costs for financial and operations system implementation planning and design.

Research and development and engineering$24.0M-5.2% YoY

Lower spending on R&D projects.

Restructuring, acquisition, and related costs$12.5M-0.6% YoY

Decrease in restructuring charges offset by increase in acquisition-related costs.

Watch Items from the Filing

Riverpoint Medical acquisition closed July 23, 2026 for $1.2B upfront plus $250M milestone payment due January 8, 2027, funded with $616M revolving/delayed draw borrowings, increasing total debt to $854.8M and reducing leverage headroom materially.
Foreign currency exchange favorably impacted Q2 revenue by $2.4M (1.0%); unfavorable FX swings could reverse, creating revenue headwind if dollar strengthens.
Company facing supply chain constraints on rare-earth materials sourced from China requiring export licenses; unable to obtain necessary licenses for several months, causing order fulfillment delays and manufacturing cost increases.
Contract liabilities surged from $11.1M to $48.0M, primarily from advance customer payment on supply agreement; unwind of this liability will reduce future revenue recognition timing.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$265.8M

Net Income

Q2 2026

$12.5M

Free Cash Flow

Q2 2026

$57.5M

Operating Margin

Q2 2026

6.8%

ROIC

Q2 2026

3.9%

D/E Ratio

Q2 2026

0.14

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+3.3% YoY

$980.6MFY 2025

FY22 $860.9MFY23 $881.7MFY24 $949.2MFY25 $980.6M

Net Income

-16.0% YoY

$53.8MFY 2025

FY22 $74.1MFY23 $72.9MFY24 $64.1MFY25 $53.8M

Operating Income

-15.0% YoY

$94.0MFY 2025

FY22 $103.1MFY23 $110.5MFY24 $110.6MFY25 $94.0M

EPS (Diluted)

-16.9% YoY

$1.47FY 2025

FY22 $2.06FY23 $2.02FY24 $1.77FY25 $1.47

Total Assets

+30.1% YoY

$1.81BFY 2025

FY22 $1.24BFY23 $1.23BFY24 $1.39BFY25 $1.81B

Total Debt

-39.8% YoY

$250.8MFY 2025

FY22 $435.5MFY23 $354.4MFY24 $416.6MFY25 $250.8M

Op. Cash Flow

-59.6% YoY

$64.1MFY 2025

FY22 $90.8MFY23 $120.1MFY24 $158.5MFY25 $64.1M

Free Cash Flow

-65.7% YoY

$48.4MFY 2025

FY22 $71.1MFY23 $100.1MFY24 $141.3MFY25 $48.4M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$980.6M +3.3%	$949.2M +7.7%	$881.7M +2.4%	$860.9M +21.8%	$706.8M +19.7%	$590.6M
Net Income	$53.8M -16.0%	$64.1M -12.1%	$72.9M -1.6%	$74.1M +47.1%	$50.3M +13.1%	$44.5M
Operating Income	$94.0M -15.0%	$110.6M +0.1%	$110.5M +7.2%	$103.1M +60.9%	$64.1M +14.6%	$55.9M
EPS (Diluted)	$1.47 -16.9%	$1.77 -12.4%	$2.02 -1.9%	$2.06 +46.1%	$1.41 +12.8%	$1.25
Total Assets	$1.81B +30.1%	$1.39B +13.3%	$1.23B -1.2%	$1.24B +1.1%	$1.23B +41.9%	$865.2M
Total Debt	$250.8M -39.8%	$416.6M +17.6%	$354.4M -18.6%	$435.5M +0.2%	$434.5M +116.8%	$200.4M
Operating Cash Flow	$64.1M -59.6%	$158.5M +32.0%	$120.1M +32.3%	$90.8M -4.1%	$94.6M -32.5%	$140.2M
Free Cash Flow	$48.4M -65.7%	$141.3M +41.2%	$100.1M +40.7%	$71.1M -4.7%	$74.6M -42.5%	$129.7M

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Available Research

13F Pro tracks comprehensive data for NOVANTA INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of NOVT

BlackRock, Inc.
$778.4M4,798,035 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$388.7M2,395,681 sh
PRICE T ROWE ASSOCIATES INC /MD/
$360.6M2,222,445 sh
Daiwa Securities Group Inc.
$347.5M2,142,000 sh
Allspring Global Investments Holdings, LLC
$297.5M1,817,594 sh
VANGUARD CAPITAL MANAGEMENT LLC
$260.7M1,606,928 sh
STATE STREET CORP
$233.0M1,436,785 sh
Conestoga Capital Advisors, LLC
$197.6M1,217,963 sh
GEODE CAPITAL MANAGEMENT, LLC
$160.3M987,728 sh
CONGRESS ASSET MANAGEMENT CO /MA
$158.0M973,767 sh

Fund	Value	Shares
BlackRock, Inc.	$778.4M	4,798,035
VANGUARD PORTFOLIO MANAGEMENT LLC	$388.7M	2,395,681
PRICE T ROWE ASSOCIATES INC /MD/	$360.6M	2,222,445
Daiwa Securities Group Inc.	$347.5M	2,142,000
Allspring Global Investments Holdings, LLC	$297.5M	1,817,594
VANGUARD CAPITAL MANAGEMENT LLC	$260.7M	1,606,928
STATE STREET CORP	$233.0M	1,436,785
Conestoga Capital Advisors, LLC	$197.6M	1,217,963
GEODE CAPITAL MANAGEMENT, LLC	$160.3M	987,728
CONGRESS ASSET MANAGEMENT CO /MA	$158.0M	973,767

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Is NOVT a good stock to buy?

13F Pro's AI-powered analysis of NOVANTA INC (NOVT) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NOVT are available on the NOVT stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. NOVT is classified as a mid company.

Which hedge funds own NOVT?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NOVT. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of NOVANTA INC's investment landscape.