For the quarter ending 2026-04-03, NOVT had $7,928K increase in cash & cash equivalents over the period. $47,468K in free cash flow.
| Cash Flow | 2026-04-03 | 2025-12-31 | 2025-09-26 | 2025-06-27 |
|---|---|---|---|---|
| Net income | 21,099 | 17,471 | 10,653 | 25,705 |
| Depreciation and amortization | 14,160 | 17,077 | 15,711 | 29,144 |
| Provision for inventory excess and obsolescence | 710 | 588 | 987 | 1,690 |
| Share-based compensation | 9,796 | 8,242 | 6,698 | 14,598 |
| Deferred income taxes | -2,877 | -2,409 | -1,270 | -5,174 |
| Contingent consideration adjustments | - | 830 | - | - |
| Write-off of unamortized deferred financing costs | - | 0 | 0 | 426 |
| Non-cash interest expense | - | 1,472 | - | - |
| Loss (gain) on disposal of fixed assets | 248 | 20 | -2 | 4,089 |
| Other | -1,039 | 511 | -717 | -651 |
| Accounts receivable | -9,703 | 14,846 | 10,175 | 2,251 |
| Inventories | 6,827 | 8,789 | 13,055 | 14,257 |
| Prepaid expenses and other current assets | - | 1,269 | - | - |
| Prepaid income taxes, income taxes receivable and income taxes payable | - | -12,381 | - | - |
| Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets | -125 | - | 5,672 | -3,104 |
| Accounts payable, income taxes payable, accrued expenses and other current liabilities | 13,344 | 3,710 | 3,476 | -3,479 |
| Other non-current assets and liabilities | 5,850 | 2,928 | -423 | -688 |
| Net cash provided by operating activities | 51,606 | 8,805 | 8,495 | 46,756 |
| Cash paid for business acquisitions, net of working capital adjustments | - | - | 1,118 | 63,173 |
| Purchases of property, plant and equipment | 4,138 | 3,672 | 4,283 | 7,672 |
| Acquisition of businesses, net of cash acquired and working capital adjustments | - | 64,291 | - | - |
| Proceeds from sale of property, plant and equipment | 345 | 59 | 0 | 5,537 |
| Net cash (used in) provided by investing activities | -3,793 | -3,613 | -5,401 | -65,308 |
| Borrowings under revolving credit facilities | - | 10,000 | 0 | 72,805 |
| Proceeds from issuance of tangible equity units, net of issuance costs | - | 614,390 | - | - |
| Repayments of debt | 8,800 | 316,520 | 8,188 | 41,017 |
| Payments of issuance costs related to tangible equity units | 1,293 | 872 | 452 | 3,391 |
| Payments of withholding taxes from share-based awards | 6,982 | 89 | 533 | 7,187 |
| Repurchases of common shares | 18,638 | 19,065 | 14,056 | 6,157 |
| Payments of contingent consideration related to acquisitions | 4,393 | 0 | - | - |
| Other financing activities | -16 | -195 | -191 | -2,952 |
| Net cash used in financing activities | -40,122 | 287,649 | -23,420 | 12,101 |
| Effect of exchange rates on cash and cash equivalents | 237 | -1,191 | -365 | 2,374 |
| Increase (decrease) in cash and cash equivalents | 7,928 | 291,650 | -20,691 | -4,077 |
| Cash and cash equivalents, beginning of the period | 380,871 | 89,221 | 113,989 | - |
| Cash and cash equivalents, end of the period | 388,799 | 380,871 | 89,221 | - |
NOVANTA INC (NOVT)
NOVANTA INC (NOVT)