Novonix (NVX) Consolidated Net Income (2023 - 2024)
Novonix (NVX) posted quarterly Consolidated Net Income of -$28.7 million for Q4 2024, down 2.18% year-on-year from -$29.4 million in Q1 2024, and down 2.18% on a QoQ basis from -$28.1 million in Q4 2023.
Novonix (NVX) Consolidated Net Income (2023 - 2024) Analysis & Trends
Novonix (NVX) has reported Consolidated Net Income for 2 consecutive years, with -$28.7 million the latest figure, recorded in Q4 2024.
- Quarterly Consolidated Net Income fell 2.18% year-over-year to -$28.7 million in Q4 2024, while the trailing twelve-month figure through Dec 2025 was -$28.7 million (up 49.46% YoY) and the FY2025 annual result came in at -$92.7 million, down 18.0% from the prior year.
- Consolidated Net Income retreated to -$28.7 million in Q4 2024 per NVX's latest filing, from -$28.1 million in the prior quarter.
- Over the last five years, Consolidated Net Income for NVX reached as high as -$28.1 million in Q4 2023 and fell as low as -$28.7 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 399.77 Bn | 399.74 Bn | 6.04 Mn | 1.96 Mn |
| 2 | Vertiv Holdings | 104.61 Bn | 102.11 Bn | 999.70 Mn | 390.10 Mn |
| 3 | Bloom Energy | 50.17 Bn | 47.67 Bn | 225.54 Mn | 73.66 Mn |
| 4 | Hubbell | 25.54 Bn | 25.02 Bn | 505.30 Mn | 183.00 Mn |
| 5 | nVent Electric | 23.11 Bn | 22.92 Bn | 445.60 Mn | 2.00 Mn |
| 6 | Advanced Energy Industries | 10.68 Bn | 9.98 Bn | 200.90 Mn | -500,000.00 |
| 7 | Acuity Inc. (De) | 10.05 Bn | 9.64 Bn | 606.40 Mn | -55.00 Mn |
| 8 | Powell Industries | 7.82 Bn | 7.28 Bn | 87.94 Mn | 45.89 Mn |
| 9 | EnerSys | 6.90 Bn | 6.47 Bn | 290.87 Mn | 77.30 Mn |
| 10 | Novonix | 285.55 Mn | 205.69 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -28.71 Mn |
| Dec 31, 2023 | -28.10 Mn |