Novonix (NVNXF) Amortization (2022 - 2025)
Novonix (NVNXF) reported Amortization of $50.6 million for Q2 2025, down 9.23% on a YoY basis from $55.7 million in Q2 2024, and up 20.33% quarter-over-quarter from $42.0 million in Q4 2024.
Novonix (NVNXF) Amortization (2022 - 2025) Analysis & Trends
Novonix has reported Amortization for 4 years, with the latest figure at $50.6 million in Q2 2025.
- For the quarter ending Q2 2025, Amortization fell 9.23% year-over-year to $50.6 million; the trailing twelve-month figure through Jun 2025 stood at $50.6 million (down 9.23% YoY), and the FY2024 full-year result was $42.0 million, down 42.36% from the prior year.
- Amortization for Q2 2025 stood at $50.6 million, up from $42.0 million in the prior quarter.
- The five-year high for Amortization was $116.1 million in Q4 2022, with the low at $42.0 million in Q4 2024.
- Historically, Amortization has averaged $63.6 million across 4 years, with a median of $53.1 million in 2024.
- The largest YoY upside for Amortization was 25.38% in 2024 against a maximum downside of 42.36% in 2024.
- Novonix's Amortization stood at $116.1 million in 2022, then sank by 37.24% to $72.9 million in 2023, then sank by 42.36% to $42.0 million in 2024, then increased by 20.33% to $50.6 million in 2025.
- The last three Amortization figures came in at $50.6 million (Q2 2025), $42.0 million (Q4 2024), and $55.7 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | - |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | - |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | - |
| 7 | Powell Industries | 10.72 Bn | 10.17 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.33 Bn | 9.80 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.04 Bn | 8.77 Bn | 520.40 Mn | - |
| 10 | Novonix | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 50.56 Mn |
| Jun 30, 2025 | 50.56 Mn |
| Dec 31, 2024 | 42.01 Mn |
| Dec 31, 2024 | 42.01 Mn |
| Jun 30, 2024 | 55.70 Mn |
| Jun 30, 2024 | 55.70 Mn |
| Dec 31, 2023 | 72.90 Mn |
| Dec 31, 2023 | 72.90 Mn |
| Jun 30, 2023 | 44.42 Mn |
| Jun 30, 2023 | 44.42 Mn |
| Dec 31, 2022 | 116.15 Mn |
| Dec 31, 2022 | 116.15 Mn |