Novonix (NVX) Amortization (2022 - 2025)

Novonix (NVX) reported Amortization of $50.6 million for Q2 2025, down 9.23% on a YoY basis from $55.7 million in Q2 2024, and up 20.33% quarter-over-quarter from $42.0 million in Q4 2024.

Novonix (NVX) Amortization (2022 - 2025) Analysis & Trends

Novonix has reported Amortization for 4 years, with the latest figure at $50.6 million in Q2 2025.

  • For the quarter ending Q2 2025, Amortization fell 9.23% year-over-year to $50.6 million; the trailing twelve-month figure through Jun 2025 stood at $50.6 million (down 9.23% YoY), and the FY2024 full-year result was $42.0 million, down 42.36% from the prior year.
  • Amortization for Q2 2025 stood at $50.6 million, up from $42.0 million in the prior quarter.
  • The five-year high for Amortization was $116.1 million in Q4 2022, with the low at $42.0 million in Q4 2024.
  • Historically, Amortization has averaged $63.6 million across 4 years, with a median of $53.1 million in 2024.
  • The largest YoY upside for Amortization was 25.38% in 2024 against a maximum downside of 42.36% in 2024.
  • Novonix's Amortization stood at $116.1 million in 2022, then sank by 37.24% to $72.9 million in 2023, then sank by 42.36% to $42.0 million in 2024, then increased by 20.33% to $50.6 million in 2025.
  • The last three Amortization figures came in at $50.6 million (Q2 2025), $42.0 million (Q4 2024), and $55.7 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amortization (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn -
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn -
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn -
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn -
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn -
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn -
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn -
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn -
10 EnerSys 8.48 Bn 8.04 Bn 290.87 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2025 50.56 Mn
Jun 30, 2025 50.56 Mn
Dec 31, 2024 42.01 Mn
Dec 31, 2024 42.01 Mn
Jun 30, 2024 55.70 Mn
Jun 30, 2024 55.70 Mn
Dec 31, 2023 72.90 Mn
Dec 31, 2023 72.90 Mn
Jun 30, 2023 44.42 Mn
Jun 30, 2023 44.42 Mn
Dec 31, 2022 116.15 Mn
Dec 31, 2022 116.15 Mn