Novonix (NVNXF) Inventory Average (2021 - 2025)
Novonix (NVNXF) posted quarterly Inventory Average of $2.0 million for Q4 2025, up 15.12% year-over-year from $1.7 million in Q4 2024, and up 25.46% quarter-over-quarter from $1.6 million in Q2 2025.
Novonix (NVNXF) Inventory Average (2021 - 2025) Analysis & Trends
Novonix's Inventory Average history runs 5 years deep, the most recent figure standing at $2.0 million for Q4 2025.
- In Q4 2025, Inventory Average rose 15.12% year-over-year to $2.0 million; the TTM figure through Dec 2025 stood at $2.0 million (up 15.12% YoY), while the FY2025 annual figure was $1.8 million, up 5.41% from the prior year.
- Inventory Average for Q4 2025 stood at $2.0 million, up from $1.6 million in the prior quarter.
- The five-year high for Inventory Average was $2.9 million in Q2 2023, with the low at $1.5 million in Q2 2021.
- The 5-year median for Inventory Average is $2.2 million (2023), against an average of $2.1 million.
- The sharpest annual moves came in 2022 and 2024: Inventory Average soared 53.15% in 2022, then dropped 29.47% in 2024.
- Novonix's Inventory Average stood at $2.5 million in 2021, then advanced by 4.01% to $2.6 million in 2022, then fell by 10.67% to $2.3 million in 2023, then slipped by 24.99% to $1.7 million in 2024, then increased by 15.12% to $2.0 million in 2025.
- Business Quant data shows NVNXF's Inventory Average at $2.0 million in Q4 2025, $1.6 million in Q2 2025, and $1.7 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 2.18 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 745.36 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 1.20 Bn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 517.20 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 498.40 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 486.75 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 90.84 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 731.67 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 504.80 Mn |
| 10 | Novonix | 17.04 Mn | -70.05 Mn | - | 1.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.97 Mn |
| Jun 30, 2025 | 1.57 Mn |
| Dec 31, 2024 | 1.71 Mn |
| Jun 30, 2024 | 2.02 Mn |
| Dec 31, 2023 | 2.28 Mn |
| Jun 30, 2023 | 2.87 Mn |
| Dec 31, 2022 | 2.56 Mn |
| Jun 30, 2022 | 2.36 Mn |
| Dec 31, 2021 | 2.46 Mn |
| Jun 30, 2021 | 1.54 Mn |