Novonix (NVX) Inventory (2020 - 2025)
Novonix 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 57.82% on a QoQ basis from $1.4 million in Q4 2024.
Novonix (NVX) has 6 years of Inventory data on file, last reported at $2.2 million in Q4 2025.
- For the quarter ending Q4 2025, Inventory rose 57.82% year-over-year to $2.2 million; the trailing twelve-month figure through Dec 2025 stood at $2.2 million (up 57.82% YoY), and the FY2025 full-year result was $2.2 million, up 57.82% from the prior year.
- Inventory for Q4 2025 stood at $2.2 million, up from $1.4 million in the prior quarter.
- Across five years, Inventory topped out at $3.2 million in Q4 2022 and bottomed at $1.4 million in Q4 2024.
- The 5-year median for Inventory is $2.1 million (2021), against an average of $2.1 million.
- The widest annual swing landed in 2021, when Inventory jumped 127.73%; it then slumped 36.8% in 2023.
- A 5-year view of Inventory shows it stood at $2.1 million in 2021, then surged by 47.87% to $3.2 million in 2022, then tumbled by 36.8% to $2.0 million in 2023, then tumbled by 30.83% to $1.4 million in 2024, then jumped by 57.82% to $2.2 million in 2025.
- The last three Inventory figures came in at $2.2 million (Q4 2025), $1.4 million (Q4 2024), and $2.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 1.83 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 732.53 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 512.00 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 1.14 Bn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 458.70 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 86.30 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 515.20 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 724.69 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 516.15 Mn |
| 10 | Novonix | 335.32 Mn | 255.45 Mn | - | 2.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.18 Mn |
| Dec 31, 2024 | 1.38 Mn |
| Dec 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 3.17 Mn |
| Jun 30, 2022 | 1.95 Mn |
| Jun 30, 2021 | 2.14 Mn |
| Jun 30, 2020 | 940,155.00 |