Novonix (NVNXF) Operating Leases (2020 - 2025)

Novonix (NVNXF) reported Operating Leases of $5.9 million for Q4 2025, down 8.91% on a YoY basis from $6.5 million in Q4 2024, and down 4.71% quarter-over-quarter from $6.2 million in Q2 2025.

Novonix (NVNXF) Operating Leases (2020 - 2025) Analysis & Trends

Novonix has reported Operating Leases for 6 years, with the latest figure at $5.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Leases fell 8.91% year-over-year to $5.9 million; the trailing twelve-month figure through Dec 2025 stood at $5.9 million (down 8.91% YoY), and the FY2025 full-year result was $5.9 million, down 8.91% from the prior year.
  • Operating Leases for Q4 2025 stood at $5.9 million, down from $6.2 million in the prior quarter.
  • The five-year high for Operating Leases was $6.8 million in Q2 2024, with the low at $4.5 million in Q4 2023.
  • Historically, Operating Leases has averaged $5.5 million across 5 years, with a median of $5.3 million in 2021.
  • Annual changes were most pronounced in 2021 — Operating Leases jumped 186.88% — and 2023, when it declined 10.86%.
  • Novonix's Operating Leases stood at $5.2 million in 2021, then retreated by 7.11% to $4.8 million in 2022, then declined by 7.17% to $4.5 million in 2023, then surged by 44.84% to $6.5 million in 2024, then dropped by 8.91% to $5.9 million in 2025.
  • The last three Operating Leases figures came in at $5.9 million (Q4 2025), $6.2 million (Q2 2025), and $6.5 million (Q4 2024), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2025 5.91 Mn
Jun 30, 2025 6.20 Mn
Dec 31, 2024 6.49 Mn
Jun 30, 2024 6.75 Mn
Dec 31, 2023 4.48 Mn
Jun 30, 2023 4.64 Mn
Dec 31, 2022 4.83 Mn
Jun 30, 2022 5.20 Mn
Dec 31, 2021 5.19 Mn
Jun 30, 2021 5.48 Mn
Jun 30, 2020 1.91 Mn