Novanta Gross Margin 2010-2024 | NOVT

Novanta gross margin for the quarter ending September 30, 2024 was 44.42%.

  • Novanta average gross margin for 2023 was 44.73%, a 3.09% decline from 2022.
  • Novanta average gross margin for 2022 was 43.39%, a 2.87% increase from 2021.
  • Novanta average gross margin for 2021 was 42.18%, a 2.03% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Novanta Gross Margin 2010-2024 | NOVT

  • Novanta average gross margin for 2023 was 44.73%, a 3.09% decline from 2022.
  • Novanta average gross margin for 2022 was 43.39%, a 2.87% increase from 2021.
  • Novanta average gross margin for 2021 was 42.18%, a 2.03% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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