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| Date | Value |
|---|---|
| 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 |