Invesaro

Stocks Comparison

Novanta vs Spectrum Brands: revenue, profit, margins and growth compared

Novanta brought in $980.6M of revenue in fiscal 2025, Spectrum Brands $2.8B in fiscal 2025. Revenue changed by +3.3% at Novanta and -5.2% at Spectrum Brands on the year before, so Novanta grew faster. Novanta kept 5.5% of its revenue as net profit, Spectrum Brands 3.6%. Free cash flow was $48.4M at Novanta and $165.3M at Spectrum Brands.

Side by side, latest fiscal year

NOVTSPB
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$980.6M$2.8B
Revenue growth+3.3%-5.2%
Net income$53.8M$99.9M
Net margin5.5%3.6%
Free cash flow$48.4M$165.3M
Free cash flow margin4.9%5.9%
Earnings per share (diluted)$1.47$3.86
Cash$380.9M$123.6M
Debt$250.8M$496.1M
Price to earnings97.922.0
Market value$5.4B$2B
Dividend yieldn/a2.21%
Rank by revenue in sector#12 of 34 · Other#8 of 34 · Other

Over the years

Revenue
NOVT FY2018: $614.3MNOVT FY2019: $626.1MNOVT FY2020: $590.6MNOVT FY2021: $706.8MNOVT FY2022: $860.9MNOVT FY2023: $881.7MNOVT FY2024: $949.2MNOVT FY2025: $980.6MSPB FY2018: $3.8BSPB FY2019: $3.8BSPB FY2020: $2.6BSPB FY2021: $3BSPB FY2022: $3.1BSPB FY2023: $2.9BSPB FY2024: $3BSPB FY2025: $2.8BFY18FY19FY20FY21FY22FY23FY24FY25
NOVT $980.6MSPB $2.8B
Net income
NOVT FY2018: $49.1MNOVT FY2019: $40.8MNOVT FY2020: $44.5MNOVT FY2021: $50.3MNOVT FY2022: $74.1MNOVT FY2023: $72.9MNOVT FY2024: $64.1MNOVT FY2025: $53.8MSPB FY2018: $768.3MSPB FY2019: $494.5MSPB FY2020: $97.8MSPB FY2021: $189.6MSPB FY2022: $71.6MSPB FY2023: $1.8BSPB FY2024: $124.8MSPB FY2025: $99.9MFY18FY19FY20FY21FY22FY23FY24FY25
NOVT $53.8MSPB $99.9M
Net margin
NOVT FY2018: 8.0%NOVT FY2019: 6.5%NOVT FY2020: 7.5%NOVT FY2021: 7.1%NOVT FY2022: 8.6%NOVT FY2023: 8.3%NOVT FY2024: 6.8%NOVT FY2025: 5.5%SPB FY2018: 20.2%SPB FY2019: 13.0%SPB FY2020: 3.7%SPB FY2021: 6.3%SPB FY2022: 2.3%SPB FY2023: 61.7%SPB FY2024: 4.2%SPB FY2025: 3.6%FY18FY19FY20FY21FY22FY23FY24FY25
NOVT 5.5%SPB 3.6%
Revenue growth
NOVT FY2019: +1.9%NOVT FY2020: -5.7%NOVT FY2021: +19.7%NOVT FY2022: +21.8%NOVT FY2023: +2.4%NOVT FY2024: +7.7%NOVT FY2025: +3.3%SPB FY2019: -0.2%SPB FY2020: -31.0%SPB FY2021: +14.3%SPB FY2022: +4.5%SPB FY2023: -6.8%SPB FY2024: +1.5%SPB FY2025: -5.2%FY19FY20FY21FY22FY23FY24FY25
NOVT +3.3%SPB -5.2%
Free cash flow
NOVT FY2018: $75MNOVT FY2019: $52.5MNOVT FY2020: $129.7MNOVT FY2021: $74.6MNOVT FY2022: $71.1MNOVT FY2023: $100.1MNOVT FY2024: $141.4MNOVT FY2025: $48.4MSPB FY2018: $267.4MSPB FY2019: -$39.3MSPB FY2020: $246.2MSPB FY2021: $244.8MSPB FY2022: -$117.8MSPB FY2023: -$468.7MSPB FY2024: $118.6MSPB FY2025: $165.3MFY18FY19FY20FY21FY22FY23FY24FY25
NOVT $48.4MSPB $165.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Novanta and Spectrum Brands

Which is bigger by revenue, Novanta or Spectrum Brands?

Spectrum Brands is bigger by revenue: $2.8B in fiscal 2025, against $980.6M for Novanta in fiscal 2025.

Which keeps more of its revenue as profit, Novanta or Spectrum Brands?

Novanta had a net margin of 5.5% in fiscal 2025; Spectrum Brands had 3.6% in fiscal 2025.

Which grew revenue faster, Novanta or Spectrum Brands?

In their latest fiscal years revenue changed by +3.3% at Novanta and -5.2% at Spectrum Brands.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies