NOVANTA INC

For the period ended Mar 28, 2025. Filed May 6, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 28, 2025 · Filed May 6, 2025

NOVT$145.98+8.0%Stored close · as of Nov 9, 2026

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Contents

CONSOLIDATED BALANCE SHEETS (unaudited)

CONSOLIDATED BALANCE SHEETS

(In thousands of U.S. dollars or shares)

	March 28,	December 31,
	2025	2024
ASSETS
Current assets
Cash and cash equivalents	$106,045	$113,989
Accounts receivable, net of allowance of $611 and $505, respectively	164,201	151,026
Inventories	145,435	144,606
Prepaid income taxes and income taxes receivable	5,830	8,076
Prepaid expenses and other current assets	12,627	15,951
Total current assets	434,138	433,648
Property, plant and equipment, net	112,514	113,135
Operating lease assets	41,321	42,908
Deferred tax assets	25,004	22,887
Other assets	5,701	5,991
Intangible assets, net	177,724	185,844
Goodwill	589,054	584,098
Total assets	$1,385,456	$1,388,511
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Current portion of long-term debt	$4,852	$4,691
Accounts payable	82,513	76,890
Income taxes payable	15,977	16,000
Current portion of operating lease liabilities	9,958	9,879
Accrued expenses and other current liabilities	56,290	60,331
Total current liabilities	169,590	167,791
Long-term debt	385,279	411,949
Operating lease liabilities	38,694	40,548
Deferred tax liabilities	13,208	13,093
Income taxes payable	4,673	4,941
Other liabilities	4,257	4,491
Total liabilities	615,701	642,813
Commitments and contingencies (Note 14)
Stockholders’ equity:
Preferred shares, no par value; Authorized shares: 7,000; No shares issued and outstanding	—	—
Common shares, no par value; Authorized shares: unlimited; Issued and outstanding: 35,964 and 35,938, respectively	423,856	423,856
Additional paid-in capital	78,488	84,214
Retained earnings	288,757	267,549
Accumulated other comprehensive loss	(21,346)	(29,921)
Total stockholders' equity	769,755	745,698
Total liabilities and stockholders’ equity	$1,385,456	$1,388,511

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.