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| Date | Value |
|---|---|
| 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 |