Novonix (NVX) Construction in Progress (2021 - 2025)
Novonix (NVX) posted quarterly Construction in Progress of $105.0 million for Q2 2025, up 22.17% on a QoQ basis from $86.0 million in Q4 2024.
Novonix (NVX) Construction in Progress (2021 - 2025) Analysis & Trends
Novonix (NVX) has reported Construction in Progress for 5 consecutive years, with $105.0 million the latest figure, recorded in Q2 2025.
- Quarterly Construction in Progress changed N/A year-over-year to $105.0 million in Q2 2025, while the trailing twelve-month figure through Jun 2025 was $105.0 million (changed N/A YoY) and the FY2024 annual result came in at $86.0 million, changed N/A from the prior year.
- Construction in Progress improved to $105.0 million in Q2 2025 per NVX's latest filing, from $86.0 million in the prior quarter.
- Over the last five years, Construction in Progress for NVX reached as high as $105.0 million in Q2 2025 and fell as low as $12.5 million in Q2 2021.
- A 5-year average of $59.4 million and a median of $62.2 million in 2022 frame the typical range for Construction in Progress.
- The largest YoY upside for Construction in Progress was 99.41% in 2022 against a maximum downside of 99.41% in 2022.
- Year by year, Construction in Progress stood at $28.4 million in 2021, then jumped by 99.41% to $56.7 million in 2022, then increased by 19.29% to $67.7 million in 2023, then climbed by 27.05% to $86.0 million in 2024, then grew by 22.17% to $105.0 million in 2025.
- According to Business Quant data, Construction in Progress over the past three periods registered $105.0 million, $86.0 million, and $67.7 million for Q2 2025, Q4 2024, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 411.34 Bn | 411.31 Bn | 6.04 Mn | - |
| 2 | Vertiv Holdings | 109.19 Bn | 106.69 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 52.58 Bn | 50.09 Bn | 225.54 Mn | - |
| 4 | Hubbell | 26.29 Bn | 25.77 Bn | 505.30 Mn | - |
| 5 | nVent Electric | 24.04 Bn | 23.85 Bn | 445.60 Mn | 66.20 Mn |
| 6 | Advanced Energy Industries | 10.95 Bn | 10.25 Bn | 200.90 Mn | - |
| 7 | Acuity Inc. (De) | 10.13 Bn | 9.72 Bn | 606.40 Mn | - |
| 8 | Powell Industries | 7.97 Bn | 7.42 Bn | 87.94 Mn | - |
| 9 | EnerSys | 7.10 Bn | 6.66 Bn | 290.87 Mn | - |
| 10 | Novonix | 275.53 Mn | 195.67 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 105.02 Mn |
| Dec 31, 2024 | 85.96 Mn |
| Jun 30, 2023 | 67.66 Mn |
| Dec 31, 2022 | 56.72 Mn |
| Dec 31, 2021 | 28.44 Mn |
| Jun 30, 2021 | 12.54 Mn |