Novonix (NVX) Inventory (2020 - 2025)

Novonix (NVX) posted quarterly Inventory of $2.2 million for Q4 2025, up 57.82% year-on-year from $1.4 million in Q4 2024, and up 24.16% on a QoQ basis from $1.8 million in Q2 2025.

Novonix (NVX) Inventory (2020 - 2025) Analysis & Trends

Novonix (NVX) has reported Inventory for 6 consecutive years, with $2.2 million the latest figure, recorded in Q4 2025.

  • Quarterly Inventory rose 57.82% year-over-year to $2.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.2 million (up 57.82% YoY) and the FY2025 annual result came in at $2.2 million, up 57.82% from the prior year.
  • Inventory grew to $2.2 million in Q4 2025 per NVX's latest filing, from $1.8 million in the prior quarter.
  • Over the last five years, Inventory for NVX reached as high as $3.2 million in Q4 2022 and fell as low as $1.4 million in Q4 2024.
  • A 5-year average of $2.2 million and a median of $2.0 million in 2023 frame the typical range for Inventory.
  • Annual changes were most pronounced in 2021 — Inventory jumped 108.86% — and 2023, when it tumbled 36.8%.
  • Year by year, Inventory stood at $2.7 million in 2021, then advanced by 17.76% to $3.2 million in 2022, then sank by 36.8% to $2.0 million in 2023, then sank by 30.83% to $1.4 million in 2024, then soared by 57.82% to $2.2 million in 2025.
  • According to Business Quant data, Inventory over the past three periods registered $2.2 million, $1.8 million, and $1.4 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Electrovaya 411.34 Bn 411.31 Bn 6.04 Mn 15.01 Mn
2 Vertiv Holdings 109.19 Bn 106.69 Bn 999.70 Mn 1.83 Bn
3 Bloom Energy 52.58 Bn 50.09 Bn 225.54 Mn 732.53 Mn
4 Hubbell 26.29 Bn 25.77 Bn 505.30 Mn 1.14 Bn
5 nVent Electric 24.04 Bn 23.85 Bn 445.60 Mn 512.00 Mn
6 Advanced Energy Industries 10.95 Bn 10.25 Bn 200.90 Mn 458.70 Mn
7 Acuity Inc. (De) 10.13 Bn 9.72 Bn 606.40 Mn 458.30 Mn
8 Powell Industries 7.97 Bn 7.42 Bn 87.94 Mn 86.30 Mn
9 EnerSys 7.10 Bn 6.66 Bn 290.87 Mn 724.69 Mn
10 Novonix 275.53 Mn 195.67 Mn - 2.18 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.18 Mn
Jun 30, 2025 1.76 Mn
Dec 31, 2024 1.38 Mn
Jun 30, 2024 2.04 Mn
Dec 31, 2023 2.00 Mn
Jun 30, 2023 2.57 Mn
Dec 31, 2022 3.17 Mn
Jun 30, 2022 1.92 Mn
Dec 31, 2021 2.69 Mn
Jun 30, 2021 1.96 Mn
Jun 30, 2020 940,155.00