Novonix (NVX) Enterprise Value (2020 - 2025)

Novonix (NVX) posted quarterly Enterprise Value of -$79.9 million for Q4 2025, down 87.67% year-on-year from -$647.5 million in Q4 2024, and up 28.96% on a QoQ basis from -$112.4 million in Q2 2025.

Novonix (NVX) Enterprise Value (2020 - 2025) Analysis & Trends

Novonix (NVX) has reported Enterprise Value for 6 consecutive years, with -$79.9 million the latest figure, recorded in Q4 2025.

  • Quarterly Enterprise Value fell 87.67% year-over-year to -$79.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$79.9 million (down 87.67% YoY) and the FY2025 annual result came in at -$79.9 million, down 87.67% from the prior year.
  • Enterprise Value rose to -$79.9 million in Q4 2025 per NVX's latest filing, from -$112.4 million in the prior quarter.
  • Over the last five years, Enterprise Value for NVX reached as high as -$42.6 million in Q4 2024 and fell as low as -$183.3 million in Q4 2021.
  • A 5-year average of -$106.7 million and a median of -$104.5 million in 2025 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2021 — Enterprise Value plunged 261.61% — and 2024, when it soared 55.38%.
  • Year by year, Enterprise Value stood at -$183.3 million in 2021, then jumped by 36.96% to -$115.5 million in 2022, then advanced by 17.44% to -$95.4 million in 2023, then surged by 55.38% to -$42.6 million in 2024, then slumped by 87.67% to -$79.9 million in 2025.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$79.9 million, -$112.4 million, and -$42.6 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Electrovaya 406.17 Bn 406.14 Bn 6.04 Mn -23.54 Mn
2 Vertiv Holdings 108.19 Bn 105.69 Bn 999.70 Mn -2.50 Bn
3 Bloom Energy 52.35 Bn 49.86 Bn 225.54 Mn -2.47 Bn
4 Hubbell 25.81 Bn 25.30 Bn 505.30 Mn -506.30 Mn
5 nVent Electric 23.72 Bn 23.53 Bn 445.60 Mn -190.00 Mn
6 Advanced Energy Industries 10.75 Bn 10.05 Bn 200.90 Mn -699.50 Mn
7 Acuity Inc. (De) 10.05 Bn 9.64 Bn 606.40 Mn -411.90 Mn
8 Powell Industries 7.87 Bn 7.33 Bn 87.94 Mn -544.89 Mn
9 EnerSys 7.01 Bn 6.57 Bn 290.87 Mn -435.09 Mn
10 Novonix 275.60 Mn 195.74 Mn - -79.87 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -79.87 Mn
Jun 30, 2025 -112.42 Mn
Dec 31, 2024 -42.56 Mn
Jun 30, 2024 -63.47 Mn
Dec 31, 2023 -95.38 Mn
Jun 30, 2023 -115.10 Mn
Dec 31, 2022 -115.53 Mn
Jun 30, 2022 -163.32 Mn
Dec 31, 2021 -183.27 Mn
Jun 30, 2021 -96.52 Mn
Jun 30, 2020 -26.69 Mn