Novanta Research and Development Expenses 2010-2024 | NOVT
Novanta annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Novanta research and development expenses for the quarter ending June 30, 2024 were $0.024B, a 1.5% increase year-over-year.
- Novanta research and development expenses for the twelve months ending June 30, 2024 were $0.092B, a 3.34% increase year-over-year.
- Novanta annual research and development expenses for 2023 were $0.092B, a 6.89% increase from 2022.
- Novanta annual research and development expenses for 2022 were $0.086B, a 18.27% increase from 2021.
- Novanta annual research and development expenses for 2021 were $0.073B, a 18.9% increase from 2020.
Novanta Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$92 |
| 2022 |
$86 |
| 2021 |
$73 |
| 2020 |
$61 |
| 2019 |
$56 |
| 2018 |
$51 |
| 2017 |
$42 |
| 2016 |
$32 |
| 2015 |
$31 |
| 2014 |
$29 |
| 2013 |
$24 |
| 2012 |
$19 |
| 2011 |
$23 |
| 2010 |
$22 |
| 2009 |
$28 |
Novanta Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-06-30 |
$24 |
| 2024-03-31 |
$23 |
| 2023-12-31 |
$23 |
| 2023-09-30 |
$22 |
| 2023-06-30 |
$23 |
| 2023-03-31 |
$23 |
| 2022-12-31 |
$22 |
| 2022-09-30 |
$21 |
| 2022-06-30 |
$22 |
| 2022-03-31 |
$21 |
| 2021-12-31 |
$19 |
| 2021-09-30 |
$17 |
| 2021-06-30 |
$17 |
| 2021-03-31 |
$19 |
| 2020-12-31 |
$16 |
| 2020-09-30 |
$15 |
| 2020-06-30 |
$14 |
| 2020-03-31 |
$15 |
| 2019-12-31 |
$15 |
| 2019-09-30 |
$14 |
| 2019-06-30 |
$13 |
| 2019-03-31 |
$14 |
| 2018-12-31 |
$13 |
| 2018-09-30 |
$13 |
| 2018-06-30 |
$13 |
| 2018-03-31 |
$12 |
| 2017-12-31 |
$12 |
| 2017-09-30 |
$12 |
| 2017-06-30 |
$9 |
| 2017-03-31 |
$9 |
| 2016-12-31 |
$8 |
| 2016-09-30 |
$8 |
| 2016-06-30 |
$8 |
| 2016-03-31 |
$8 |
| 2015-12-31 |
$7 |
| 2015-09-30 |
$8 |
| 2015-06-30 |
$8 |
| 2015-03-31 |
$8 |
| 2014-12-31 |
$8 |
| 2014-09-30 |
$8 |
| 2014-06-30 |
$8 |
| 2014-03-31 |
$6 |
| 2013-12-31 |
$6 |
| 2013-09-30 |
$6 |
| 2013-06-30 |
$6 |
| 2013-03-31 |
$6 |
| 2012-12-31 |
$2 |
| 2012-09-30 |
$6 |
| 2012-06-30 |
$6 |
| 2012-03-31 |
$6 |
| 2011-12-31 |
$3 |
| 2011-09-30 |
$6 |
| 2011-06-30 |
$6 |
| 2011-03-31 |
$8 |
| 2010-12-31 |
$8 |
| 2010-09-30 |
$7 |
| 2010-06-30 |
$7 |
| 2010-03-31 |
$7 |
| 2009-12-31 |
$7 |
| 2009-09-30 |
$6 |
| 2009-06-30 |
$7 |
| 2009-03-31 |
$8 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Miscelleneous Electrical Components |
$6.062B |
$0.882B |
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Novanta Inc. designs, develops, manufactures and sells precision photonic and motion control components and subsystems to original equipment manufacturers in the medical equipment and advanced industrial technology markets. Novanta Inc., formerly known as GSI Group Inc., is based in Bedford, Massachusetts.
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