Novanta — Third Quarter 2026 Earnings Summary

Novanta reported third-quarter 2026 GAAP revenue of $305 million, representing a 23% increase from the prior year, driven by strong commercial momentum and the impact of its largest acquisition to date. The company achieved an Adjusted EBITDA of $80.3 million, a 38% year-over-year increase, while Adjusted Diluted EPS rose 21% to $1.05. Customer bookings grew by 29%, expanding the backlog to $543 million and supporting a solid foundation for future growth. Looking ahead, Novanta expects full-year 2026 GAAP revenue to range between $1.135 billion and $1.140 billion, with Adjusted EBITDA projected between $274 million and $277 million.