Novonix NVNXF
NASDAQ NVNXF
$0.10 +0.00 (+0.00%)
At close: Aug 20, 2026 · 4:00 PM EDT

Novonix (NVNXF) Profit After Tax (2022 - 2024)

Novonix (NVNXF) posted quarterly Profit After Tax of -$53.3 million for Q4 2024, down 13.05% year-over-year from -$61.3 million in Q1 2024, and down 13.05% quarter-over-quarter from -$47.1 million in Q4 2023.

Novonix (NVNXF) Profit After Tax (2022 - 2024) Analysis & Trends

Novonix's Profit After Tax history runs 3 years deep, the most recent figure standing at -$53.3 million for Q4 2024.

  • In Q4 2024, Profit After Tax fell 13.05% year-over-year to -$53.3 million; the TTM figure through Dec 2024 stood at -$53.3 million (down 13.05% YoY), while the FY2025 annual figure was -$56.1 million, up 25.03% from the prior year.
  • Profit After Tax for Q4 2024 stood at -$53.3 million, down from -$47.1 million in the prior quarter.
  • The five-year high for Profit After Tax was -$27.2 million in Q4 2022, with the low at -$53.3 million in Q4 2024.
  • The 3-year median for Profit After Tax is -$39.1 million (2022), against an average of -$39.7 million.
  • The sharpest annual moves came in 2023 and 2024: Profit After Tax slumped 73.31% in 2023, then slipped 13.05% in 2024.
  • Novonix's Profit After Tax stood at -$27.2 million in 2022, then plunged by 73.31% to -$47.1 million in 2023, then retreated by 13.05% to -$53.3 million in 2024.
  • Business Quant data shows NVNXF's Profit After Tax at -$53.3 million in Q4 2024, -$47.1 million in Q4 2023, and -$27.2 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Vertiv Holdings 100.83 Bn 97.72 Bn 1.23 Bn 497.80 Mn
2 Bloom Energy 57.56 Bn 54.89 Bn 355.57 Mn 198.86 Mn
3 Hubbell 24.89 Bn 24.50 Bn 613.00 Mn 242.20 Mn
4 nVent Electric 24.60 Bn 24.35 Bn 558.00 Mn 216.10 Mn
5 Advanced Energy Industries 11.11 Bn 9.69 Bn 236.10 Mn 54.50 Mn
6 Acuity Inc. (De) 10.38 Bn 9.97 Bn 606.40 Mn 141.00 Mn
7 Powell Industries 7.20 Bn 6.57 Bn 95.30 Mn 52.16 Mn
8 EnerSys 6.92 Bn 6.39 Bn 313.36 Mn 116.45 Mn
9 Plug Power 3.17 Bn 2.85 Bn -1.68 Mn -190.10 Mn
10 Novonix 17.04 Mn -70.05 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -53.28 Mn
Dec 31, 2023 -47.14 Mn
Dec 31, 2022 -27.20 Mn
Jun 30, 2022 -31.05 Mn