Company data
Novanta Inc. employees and revenue per employee
NOVT · Hardware, Equipment & Parts · $5.03B market cap
Novanta Inc. had 3,000 employees at the end of fiscal Dec 2025, unchanged from a year earlier. Revenue for the year was $981M, up 3.3% from a year earlier, or $327K per employee. Revenue held up or grew while headcount stayed flat or fell.
Employees
3,000
+0.0% YoY
Revenue
$981M
+3.3% YoY
Revenue / employee
$327K
Peer median $296K
Rank in industry
8 of 23
Hardware, Equipment & Parts
Headcount against revenue
Both lines start at 100 in the first year we hold, so you can see which one grew faster.
Hover a year for the numbers.
| Year ending | Employees | Revenue | Per employee | Staff YoY | Revenue YoY |
|---|---|---|---|---|---|
| Dec 2025 | 3,000 | $981M | $327K | +0.0% | +3.3% |
| Dec 2024 | 3,000 | $949M | $316K | +3.4% | +7.7% |
| Dec 2023 | 2,900 | $882M | $304K | -3.3% | +2.4% |
| Dec 2022 | 3,000 | $861M | $287K | +11.1% | +21.8% |
| Dec 2021 | 2,700 | $707M | $262K | +22.7% | +19.7% |
| Dec 2020 | 2,200 | $591M | $268K | -3.9% | -5.7% |
| Dec 2019 | 2,290 | $626M | $273K | +7.4% | +1.9% |
| Dec 2018 | 2,133 | $614M | $288K | +4.9% | +17.8% |
| Dec 2017 | 2,034 | $521M | $256K | +60.3% | +35.5% |
| Dec 2016 | 1,269 | $385M | $303K | — | — |
Open roles: we have not matched a verified job board for this company yet.
Novanta Inc. against similar companies
The closest industry peers by revenue, from Hardware, Equipment & Parts.
| Company | Employees | Revenue | Revenue / employee | Shape |
|---|---|---|---|---|
| OLED Universal Display Corporation | 469 | $651M | $1.39M | Efficient growth |
| VICR Vicor Corporation | 1,092 | $408M | $373K | Efficient growth |
| CGNX Cognex Corporation | 2,745 | $994M | $362K | Leaner |
| NOVT Novanta Inc. | 3,000 | $981M | $327K | Leaner |
| ESE ESCO Technologies Inc. | 3,359 | $1.10B | $326K | Efficient growth |
| RAL Ralliant Corp | 7,000 | $2.07B | $296K | — |
| TTMI TTM Technologies, Inc. | 18,200 | $2.91B | $160K | Efficient growth |
| LFUS Littelfuse, Inc. | 17,000 | $2.39B | $140K | Efficient growth |
| AEIS Advanced Energy Industries, Inc. | 13,000 | $1.80B | $138K | Hiring ahead |
Questions about Novanta Inc.
- How many employees does Novanta Inc. have?
- Novanta Inc. reported 3,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 23, 2026. That is unchanged from a year earlier.
- What is Novanta Inc.'s revenue per employee?
- Novanta Inc. brought in $981M of revenue in fiscal Dec 2025, which is $327K per employee. That ranks 8 of 23 companies we track in Hardware, Equipment & Parts, where the median is $296K.
- Where do these numbers come from?
- Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.
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Compare NOVT with the rest of the market
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Source: employee counts and revenue as stated in Novanta Inc.'s annual reports (Form 10-K), latest filed February 23, 2026. This is data, not a recommendation to buy or sell NOVT.