Novonix (NVX) Enterprise Value (2020 - 2025)
Novonix (NVX) reported Enterprise Value of -$49.8 million for Q4 2025, up 40.79% on a YoY basis from -$35.4 million in Q4 2024, and up 3.3% quarter-over-quarter from -$51.5 million in Q2 2025.
Novonix (NVX) Enterprise Value (2020 - 2025) Analysis & Trends
Novonix has reported Enterprise Value for 6 years, with the latest figure at -$49.8 million in Q4 2025.
- For the quarter ending Q4 2025, Enterprise Value rose 40.79% year-over-year to -$49.8 million; the trailing twelve-month figure through Dec 2025 stood at -$49.8 million (up 40.79% YoY), and the FY2023 full-year result was -$99.9 million, up 30.01% from the prior year.
- Enterprise Value for Q4 2025 stood at -$49.8 million, up from -$51.5 million in the prior quarter.
- The five-year high for Enterprise Value was -$47.6 million in Q2 2024, with the low at -$189.0 million in Q4 2021.
- Historically, Enterprise Value has averaged -$97.6 million across 5 years, with a median of -$99.5 million in 2022.
- Annual changes were most pronounced in 2021 — Enterprise Value plunged 294.3% — and 2024, when it soared 52.97%.
- Novonix's Enterprise Value stood at -$189.0 million in 2021, then soared by 47.61% to -$99.0 million in 2022, then declined by 0.87% to -$99.9 million in 2023, then rose by 15.84% to -$84.1 million in 2024, then surged by 40.79% to -$49.8 million in 2025.
- The last three Enterprise Value figures came in at -$49.8 million (Q4 2025), -$51.5 million (Q2 2025), and -$84.1 million (Q4 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | -49.78 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | -2.50 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | -2.47 Bn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | -190.00 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | -506.30 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | -1.90 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | -544.89 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -531.30 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | -272.50 Mn |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn | -435.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -49.78 Mn |
| Jun 30, 2025 | -51.48 Mn |
| Dec 31, 2024 | -84.08 Mn |
| Jun 30, 2024 | -47.56 Mn |
| Dec 31, 2023 | -99.91 Mn |
| Jun 30, 2023 | -101.13 Mn |
| Dec 31, 2022 | -99.04 Mn |
| Jun 30, 2022 | -148.33 Mn |
| Dec 31, 2021 | -189.05 Mn |
| Jun 30, 2021 | -105.24 Mn |
| Jun 30, 2020 | -26.69 Mn |