Novonix (NVX) Enterprise Value (2020 - 2025)

Novonix posted quarterly Enterprise Value of -$79.9 million for Q4 2025, down 87.48% year-on-year from -$637.8 million in Q4 2024, and down 87.48% on a QoQ basis from -$42.6 million in Q4 2024.

Novonix (NVX) has 6 years of Enterprise Value data on file, last reported at -$79.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Enterprise Value fell 87.48% year-over-year to -$79.9 million; the trailing twelve-month figure through Dec 2025 stood at -$79.9 million (down 87.48% YoY), and the FY2025 full-year result was -$79.9 million, down 87.48% from the prior year.
  • Enterprise Value for Q4 2025 stood at -$79.9 million, down from -$42.6 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$42.6 million in Q4 2024 and bottomed at -$148.3 million in Q2 2022.
  • The 5-year median for Enterprise Value is -$89.5 million (2022), against an average of -$92.3 million.
  • The widest annual swing landed in 2021, when Enterprise Value slumped 294.3%; it then soared 45.88% in 2024.
  • A 5-year view of Enterprise Value shows it stood at -$105.2 million in 2021, then grew by 5.89% to -$99.0 million in 2022, then gained by 20.52% to -$78.7 million in 2023, then jumped by 45.88% to -$42.6 million in 2024, then sank by 87.48% to -$79.9 million in 2025.
  • The last three Enterprise Value figures came in at -$79.9 million (Q4 2025), -$42.6 million (Q4 2024), and -$78.7 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn -2.50 Bn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -2.47 Bn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn -190.00 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn -506.30 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn -1.90 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -544.89 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn -272.50 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn -435.09 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -382.82 Mn
10 Novonix 335.32 Mn 255.45 Mn - -79.87 Mn

Historic Data

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DateValue
Dec 31, 2025 -79.87 Mn
Dec 31, 2024 -42.60 Mn
Dec 31, 2023 -78.71 Mn
Dec 31, 2022 -99.04 Mn
Jun 30, 2022 -148.33 Mn
Jun 30, 2021 -105.24 Mn
Jun 30, 2020 -26.69 Mn