R&D expense · 2011–2025

Novanta R&D expense

$95.5M−0.0% · FY2025

Novanta (NOVT) reported $95.5M in R&D expense for fiscal 2025, −0.0% year on year.

$23.5M2011$18.5M2012$23.8M2013$29.0M2014$31.0M2015$32.0M2016$41.7M2017$51.0M2018$56.0M2019$61.0M2020$72.5M2021$85.8M2022$91.7M2023$95.5M2024$95.5M2025
Novanta — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$95.5M−0.0%Open →
FY20242024-12-31$95.5M+4.2%Open →
FY20232023-12-31$91.7M+6.9%Open →
FY20222022-12-31$85.8M+18.3%Open →
FY20212021-12-31$72.5M+18.9%Open →
FY20202020-12-31$61.0M+9.0%Open →
FY20192019-12-31$56.0M+9.7%Open →
FY20182018-12-31$51.0M+22.4%Open →
FY20172017-12-31$41.7M+30.2%Open →
FY20162016-12-31$32.0M+3.1%Open →
FY20152015-12-31$31.0M+7.2%Open →
FY20142014-12-31$29.0M+21.7%Open →
FY20132013-12-31$23.8M+28.4%Open →
FY20122012-12-31$18.5M−21.0%Open →
FY20112011-12-31$23.5M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +10.5%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Novanta R&D expense |url=https://companiesranked.com/en/company/novanta/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Novanta R&D expense. CompaniesRanked. https://companiesranked.com/en/company/novanta/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-novanta-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Novanta R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/novanta/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001193125-26-064230 · February 23, 2026

{{cite web |title=Novanta R&D expense — 10-K (0001193125-26-064230) |url=https://www.sec.gov/Archives/edgar/data/1076930/000119312526064230/novt-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-23}}

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