Novanta Inc Q1 FY2026 Earnings Call

Novanta Inc (NOVT)

Earnings Call FY2026 Q1 Call date: 2026-05-12 Concluded

Quarter scorecard

Revenue

$257.71M

+10.4% YoY

Diluted EPS

$0.51

-13.6% YoY

Gross margin

44.1%

-0.6 pp YoY

Net income

$21.10M

-0.5% YoY

Automation Enabling Technologies $131.24M

+6.6%

Medical Solutions $126.46M

+14.8%

Buybacks

$18.64M

from the 8-K filed May 11, 2026

Metric	Period	Guided	Basis	Actual
GAAP revenue Initiated second quarter of 2026	second quarter of 2026	$259M – $264M	GAAP	$265.81M above
Adjusted EBITDA Initiated second quarter of 2026	second quarter of 2026	$58M – $62M	Non-GAAP	—
Adjusted Diluted EPS Initiated second quarter of 2026	second quarter of 2026	$0.81 – $0.86	Non-GAAP	—
GAAP revenue Initiated full year 2026	full year 2026	$1.04B – $1.06B	GAAP	—
Adjusted EBITDA Initiated full year 2026	full year 2026	$245M – $250M	Non-GAAP	—
Adjusted Diluted EPS Initiated full year 2026	full year 2026	$3.50 – $3.65	Non-GAAP	—