{
  "url": "https://struct.news/briefs/novantas-profit-surge-came-with-tariff-refunds-and-a-faster-growing-inventory-pile",
  "title": "Novanta’s profit surge came with tariff refunds and a faster-growing inventory pile",
  "summary": "Net income rose 179% in three months, but inventory grew 14.7%, faster than revenue.",
  "published_at": "2026-08-05T21:10:29.202649+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Novanta Inc.",
    "ticker": "NOVT",
    "cik": "1193125",
    "sector": "Technology",
    "industry": "Scientific & Technical Instruments"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-05",
    "accession": "0001193125-26-335404",
    "url": "https://www.sec.gov/Archives/edgar/data/1076930/000119312526335404/novt-20260703.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-05",
    "url": "https://www.sec.gov/Archives/edgar/data/1076930/000095017025102475/novt-20250627.htm"
  },
  "reported_figures": [
    {
      "group": "Novanta’s earnings-price arithmetic",
      "label": "P/E",
      "value": 104.55798361478014,
      "display": "104.6x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-335404",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "Novanta’s earnings-price arithmetic",
      "label": "EV / sales",
      "value": 5.567936671425658,
      "display": "5.6x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-335404",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "Novanta’s earnings-price arithmetic",
      "label": "Earnings yield",
      "value": 0.9564071201719709,
      "display": "+1.0%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-335404",
        "filing_date": "2026-08-05"
      }
    }
  ],
  "watch_next": [],
  "related_tickers": [
    "NOVT"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}