Novonix (NVNXF) Net Income towards Common Stockholders (2022 - 2024)

Novonix (NVNXF) reported Net Income towards Common Stockholders of -$28.7 million for Q4 2024, down 2.18% on a YoY basis from -$29.4 million in Q1 2024, and down 2.18% quarter-over-quarter from -$28.1 million in Q4 2023.

Novonix (NVNXF) Net Income towards Common Stockholders (2022 - 2024) Analysis & Trends

Novonix has reported Net Income towards Common Stockholders for 3 years, with the latest figure at -$28.7 million in Q4 2024.

  • For the quarter ending Q4 2024, Net Income towards Common Stockholders fell 2.18% year-over-year to -$28.7 million; the trailing twelve-month figure through Dec 2025 stood at -$28.7 million (up 49.46% YoY), and the FY2025 full-year result was -$92.7 million, down 23.93% from the prior year.
  • Net Income towards Common Stockholders for Q4 2024 stood at -$28.7 million, down from -$28.1 million in the prior quarter.
  • The five-year high for Net Income towards Common Stockholders was -$28.1 million in Q4 2023, with the low at -$31.0 million in Q2 2022.
  • Historically, Net Income towards Common Stockholders has averaged -$29.3 million across 3 years, with a median of -$28.7 million in 2024.
  • The largest YoY upside for Net Income towards Common Stockholders was 2.18% in 2024 against a maximum downside of 2.18% in 2024.
  • Novonix's Net Income towards Common Stockholders stood at -$31.0 million in 2022, then increased by 9.5% to -$28.1 million in 2023, then declined by 2.18% to -$28.7 million in 2024.
  • The last three Net Income towards Common Stockholders figures came in at -$28.7 million (Q4 2024), -$28.1 million (Q4 2023), and -$31.0 million (Q2 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Novonix 381.47 Bn 381.42 Bn - -
2 Vertiv Holdings 106.74 Bn 104.24 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 66.49 Bn 64.02 Bn 225.54 Mn 70.65 Mn
4 nVent Electric 25.11 Bn 24.92 Bn 445.60 Mn 2.00 Mn
5 Hubbell 24.82 Bn 24.31 Bn 505.30 Mn 183.00 Mn
6 Advanced Energy Industries 11.63 Bn 11.63 Bn 200.90 Mn -500,000.00
7 Ballard Power Systems 10.56 Bn 10.03 Bn 5.64 Mn -17.53 Mn
8 Powell Industries 9.53 Bn 8.99 Bn 87.94 Mn 45.89 Mn
9 Acuity Inc. (De) 8.63 Bn 8.35 Bn 520.40 Mn 96.80 Mn
10 Novonix - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -28.71 Mn
Dec 31, 2023 -28.10 Mn
Jun 30, 2022 -31.05 Mn