Novonix (NVNXF) Invested Capital (2020 - 2025)
Novonix (NVNXF) reported Invested Capital of $141.2 million for Q4 2025, up 29.91% on a YoY basis from $108.7 million in Q4 2024, and down 45.31% quarter-over-quarter from $258.2 million in Q2 2025.
Novonix (NVNXF) Invested Capital (2020 - 2025) Analysis & Trends
Novonix has reported Invested Capital for 6 years, with the latest figure at $141.2 million in Q4 2025.
- For the quarter ending Q4 2025, Invested Capital rose 29.91% year-over-year to $141.2 million; the trailing twelve-month figure through Dec 2025 stood at $141.2 million (up 29.91% YoY), and the FY2023 full-year result was $193.3 million, down 31.89% from the prior year.
- Invested Capital for Q4 2025 stood at $141.2 million, down from $258.2 million in the prior quarter.
- The five-year high for Invested Capital was $365.3 million in Q2 2022, with the low at $30.9 million in Q2 2024.
- Historically, Invested Capital has averaged $185.2 million across 5 years, with a median of $196.3 million in 2023.
- Annual changes were most pronounced in 2024 — Invested Capital plunged 84.52% — and 2025, when it surged 736.76%.
- Novonix's Invested Capital stood at $35.2 million in 2021, then surged by 706.76% to $283.8 million in 2022, then sank by 31.89% to $193.3 million in 2023, then sank by 43.76% to $108.7 million in 2024, then gained by 29.91% to $141.2 million in 2025.
- The last three Invested Capital figures came in at $141.2 million (Q4 2025), $258.2 million (Q2 2025), and $108.7 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | 141.20 Mn |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 7.17 Bn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 921.47 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 5.35 Bn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 4.32 Bn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 1.95 Bn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | - |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 709.07 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 3.04 Bn |
| 10 | Novonix | - | - | - | 141.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 141.20 Mn |
| Jun 30, 2025 | 258.19 Mn |
| Dec 31, 2024 | 108.69 Mn |
| Jun 30, 2024 | 30.86 Mn |
| Dec 31, 2023 | 193.26 Mn |
| Jun 30, 2023 | 199.29 Mn |
| Dec 31, 2022 | 283.75 Mn |
| Jun 30, 2022 | 365.33 Mn |
| Dec 31, 2021 | 35.17 Mn |
| Jun 30, 2021 | 236.61 Mn |
| Jun 30, 2020 | 44.72 Mn |