Novonix (NVNXF) Inventory Average (2021 - 2025)

Novonix (NVNXF) reported Inventory Average of $2.0 million for Q4 2025, up 15.12% on a YoY basis 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 has reported Inventory Average for 5 years, with the latest figure at $2.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Inventory Average rose 15.12% year-over-year to $2.0 million; the trailing twelve-month figure through Dec 2025 stood at $2.0 million (up 15.12% YoY), and the FY2025 full-year result 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.
  • Historically, Inventory Average has averaged $2.1 million across 5 years, with a median of $2.2 million in 2023.
  • Annual changes were most pronounced in 2022 — Inventory Average jumped 53.15% — and 2024, when it declined 29.47%.
  • 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.
  • The last three Inventory Average figures came in at $2.0 million (Q4 2025), $1.6 million (Q2 2025), and $1.7 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - 1.97 Mn
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 687.92 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn 491.95 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 1.11 Bn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 434.95 Mn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 85.63 Mn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn 18.84 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 516.65 Mn
10 Novonix - - - 1.97 Mn

Historic Data

Download Data
DateValue
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