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Novanta Inc (NOVT): R&D Expense

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the years ended 2010-12-31, 2012-12-31 (for example after a spin-off or a discontinued operation), while the year before each was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$95.48M
Year ended 2025-12-31
$94.18M
Trailing 12 months to 2026-07-03
+3.6%
3-year compound annual growth
+9.4%
5-year compound annual growth
+11.9%
10-year compound annual growth
$95.52M2009-12-31: $28.25M2010-12-31: $22.30M2011-12-31: $23.45M2012-12-31: $18.53M2013-12-31: $23.79M2014-12-31: $28.95M2015-12-31: $31.04M2016-12-31: $32.00M2017-12-31: $41.67M2018-12-31: $51.02M2019-12-31: $55.97M2020-12-31: $61.00M2021-12-31: $72.52M2022-12-31: $85.77M2023-12-31: $91.68M2024-12-31: $95.52M2025-12-31: $95.48M$95.48M
2009-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$95.48M0.0%2026-02-23, From 2025-01-01
2024-12-31$95.52M+4.2%2026-02-23, From 2024-01-01
2023-12-31$91.68M+6.9%2026-02-23, From 2023-01-01
2022-12-31$85.77M+18.3%2025-02-25, From 2022-01-01
2021-12-31$72.52M+18.9%2024-02-28, From 2021-01-01
2020-12-31$61.00M+9.0%2023-03-01, From 2020-01-01
2019-12-31$55.97M+9.7%2022-03-01, From 2019-01-01
2018-12-31$51.02M+22.4%2021-03-01, From 2018-01-01
2017-12-31$41.67M+30.2%2020-02-26, From 2017-01-01
2016-12-31$32.00M+3.1%2019-02-27, From 2016-01-01
2015-12-31$31.04M+7.2%2018-02-28, From 2015-01-01
2014-12-31$28.95M+21.7%2017-03-06, From 2014-01-01
2013-12-31$23.79M+28.4%2016-03-02, From 2013-01-01
2012-12-31$18.53Mn/c2015-03-09, From 2012-01-01
2011-12-31$23.45M+5.2%2014-03-13, From 2011-01-01
2010-12-31$22.30Mn/c2013-03-18, From 2010-01-01
2009-12-31$28.25Mn/a2012-03-14, From 2009-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Miscellaneous Electrical Machinery, Equipment & Supplies), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Novanta Inc (NOVT)2025-12-31$95.48M0.0%
Microvast Holdings, Inc. (MVST)2025-12-31$34.11M-16.9%
Fluence Energy, Inc. (FLNC)2025-09-30$86.22M+30.2%
ChargePoint Holdings, Inc. (CHPT)2026-01-31$139.27M-1.4%
Spectrum Brands Holdings, Inc. (SPB)2025-09-30$23.20M-17.4%
Energizer Holdings, Inc. (ENR)2025-09-30$32.60M+3.2%
Energy Vault Holdings, Inc. (NRGV)2025-12-31$14.63M-43.7%
CBAK Energy Technology, Inc. (CBAT)2025-12-31$15.80M+21.5%
Ultralife Corp (ULBI)2025-12-31$10.40M+25.8%

Compare NOVT, MVST, FLNC, CHPT side by side · Screen every company in Miscellaneous Electrical Machinery, Equipment & Supplies ↗