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

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DateValue
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