Novonix (NVNXF) Retained Earnings (2020 - 2025)
Novonix (NVNXF) posted quarterly Retained Earnings of -$352.4 million for Q4 2025, down 35.71% year-over-year from -$548.1 million in Q4 2024, and down 25.94% quarter-over-quarter from -$279.8 million in Q2 2025.
Novonix (NVNXF) Retained Earnings (2020 - 2025) Analysis & Trends
Novonix's Retained Earnings history runs 6 years deep, the most recent figure standing at -$352.4 million for Q4 2025.
- In Q4 2025, Retained Earnings fell 35.71% year-over-year to -$352.4 million; the TTM figure through Dec 2025 stood at -$352.4 million (down 35.71% YoY), while the FY2025 annual figure was -$352.4 million, down 35.71% from the prior year.
- Retained Earnings for Q4 2025 stood at -$352.4 million, down from -$279.8 million in the prior quarter.
- The five-year high for Retained Earnings was -$63.1 million in Q2 2021, with the low at -$352.4 million in Q4 2025.
- The 5-year median for Retained Earnings is -$175.8 million (2023), against an average of -$184.3 million.
- The sharpest annual moves came in 2022 and 2024: Retained Earnings sank 74.12% in 2022, then decreased 28.11% in 2024.
- Novonix's Retained Earnings stood at -$80.7 million in 2021, then plunged by 64.02% to -$132.4 million in 2022, then plunged by 39.64% to -$184.8 million in 2023, then sank by 40.48% to -$259.7 million in 2024, then sank by 35.71% to -$352.4 million in 2025.
- Business Quant data shows NVNXF's Retained Earnings at -$352.4 million in Q4 2025, -$279.8 million in Q2 2025, and -$259.7 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 2.95 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 5.33 Bn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | - |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 2.04 Bn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 1.23 Bn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 4.63 Bn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 759.40 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 2.85 Bn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 9.23 Bn |
| 10 | Novonix | 17.04 Mn | -70.05 Mn | - | -352.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -352.40 Mn |
| Jun 30, 2025 | -279.81 Mn |
| Dec 31, 2024 | -259.67 Mn |
| Jun 30, 2024 | -213.56 Mn |
| Dec 31, 2023 | -184.85 Mn |
| Jun 30, 2023 | -166.70 Mn |
| Dec 31, 2022 | -132.37 Mn |
| Jun 30, 2022 | -109.86 Mn |
| Dec 31, 2021 | -80.70 Mn |
| Jun 30, 2021 | -63.09 Mn |
| Jun 30, 2020 | -45.43 Mn |