Novonix (NVX) Equity Average (2021 - 2025)

Novonix posted quarterly Equity Average of $149.6 million for Q4 2025, down 6.92% year-on-year from $160.8 million in Q4 2024, and down 6.92% on a QoQ basis from $160.8 million in Q4 2024.

Novonix (NVX) has 5 years of Equity Average data on file, last reported at $149.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Equity Average fell 6.92% year-over-year to $149.6 million; the trailing twelve-month figure through Dec 2025 stood at $149.6 million (down 6.92% YoY), and the FY2025 full-year result was $149.6 million, down 6.92% from the prior year.
  • Equity Average for Q4 2025 stood at $149.6 million, down from $160.8 million in the prior quarter.
  • Across five years, Equity Average topped out at $243.5 million in Q4 2022 and bottomed at $93.3 million in Q2 2021.
  • The 5-year median for Equity Average is $181.1 million (2022), against an average of $175.6 million.
  • The widest annual swing landed in 2022, when Equity Average jumped 116.04%; it then slipped 21.58% in 2024.
  • A 5-year view of Equity Average shows it stood at $93.3 million in 2021, then soared by 161.11% to $243.5 million in 2022, then decreased by 15.82% to $205.0 million in 2023, then retreated by 21.58% to $160.8 million in 2024, then fell by 6.92% to $149.6 million in 2025.
  • The last three Equity Average figures came in at $149.6 million (Q4 2025), $160.8 million (Q4 2024), and $205.0 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 4.09 Bn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 857.22 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 3.76 Bn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 3.81 Bn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 1.37 Bn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 688.98 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 2.82 Bn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 1.90 Bn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 875.98 Mn
10 Novonix 335.32 Mn 255.45 Mn - 149.63 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 149.63 Mn
Dec 31, 2024 160.76 Mn
Dec 31, 2023 205.00 Mn
Dec 31, 2022 243.51 Mn
Jun 30, 2022 201.48 Mn
Jun 30, 2021 93.26 Mn