Novonix (NVNXF) Inventory (2020 - 2025)

Novonix (NVNXF) reported Inventory of $2.2 million for Q4 2025, up 57.82% on a YoY basis from $1.4 million in Q4 2024, and up 24.16% quarter-over-quarter from $1.8 million in Q2 2025.

Novonix (NVNXF) Inventory (2020 - 2025) Analysis & Trends

Novonix has reported Inventory for 6 years, with the latest figure at $2.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Inventory rose 57.82% year-over-year to $2.2 million; the trailing twelve-month figure through Dec 2025 stood at $2.2 million (up 57.82% YoY), and the FY2025 full-year result was $2.2 million, up 57.82% from the prior year.
  • Inventory for Q4 2025 stood at $2.2 million, up from $1.8 million in the prior quarter.
  • The five-year high for Inventory was $3.2 million in Q4 2022, with the low at $1.4 million in Q4 2024.
  • Historically, Inventory has averaged $2.2 million across 5 years, with a median of $2.1 million in 2021.
  • Annual changes were most pronounced in 2021 — Inventory jumped 127.73% — and 2023, when it plunged 36.8%.
  • Novonix's Inventory stood at $2.8 million in 2021, then grew by 14.16% to $3.2 million in 2022, then plunged by 36.8% to $2.0 million in 2023, then plunged by 30.83% to $1.4 million in 2024, then soared by 57.82% to $2.2 million in 2025.
  • The last three Inventory figures came in at $2.2 million (Q4 2025), $1.8 million (Q2 2025), and $1.4 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - 2.18 Mn
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 1.83 Bn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 732.53 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn 512.00 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 1.14 Bn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 458.70 Mn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 86.30 Mn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn 43.77 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 515.20 Mn
10 Novonix - - - 2.18 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.18 Mn
Jun 30, 2025 1.76 Mn
Dec 31, 2024 1.38 Mn
Jun 30, 2024 2.04 Mn
Dec 31, 2023 2.00 Mn
Jun 30, 2023 2.57 Mn
Dec 31, 2022 3.17 Mn
Jun 30, 2022 1.95 Mn
Dec 31, 2021 2.77 Mn
Jun 30, 2021 2.14 Mn
Jun 30, 2020 940,155.00