Novonix (NVX) Inventory (2020 - 2026)
Novonix's Inventory came in at $1,416 for Q2 2026, down 99.9% from $1.76 million a year earlier.
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Analysis
Novonix (NVX) Inventory (2020 - 2026) Analysis & Trends
At the end of FY2025, Novonix's Inventory was $2.18 million, up 57.8% from FY2024.
- Inventory carries a five-year compound annual growth rate of 18.4% (FY2020 to FY2025).
- Going back by year, Inventory was $1.38 million in FY2024 (-30.8%), $2 million in FY2023 (-36.8%), $3.17 million in FY2022 (-16.8%) and $3.81 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Inventory in data going back to Q4 2021.
- Year-over-year, Inventory increased in 1 of the last four quarters, with an average decline of 21.7%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 22.21 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 5.26 Bn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 7.81 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 5.94 Bn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 3.64 Bn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 4.08 Bn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 2.43 Bn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 1.82 Bn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 3.29 Bn |
| 10 | Novonix | 45.36 Mn | -161.42 Mn | - | 1,416.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1,416.00 |
| 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 | 1.87 Mn |
| Dec 31, 2021 | 2.02 Mn |
| Jun 30, 2021 | 2.09 Mn |
| Jun 30, 2020 | 940,155.00 |
API Access
Novonix Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=NVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "NVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=NVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();