Novonix (NVX) Inventory Average (2021 - 2025)

Novonix (NVX) posted quarterly Inventory Average of $2.0 million for Q4 2025, up 15.12% year-on-year from $1.7 million in Q4 2024, and up 25.46% on a QoQ basis from $1.6 million in Q2 2025.

Novonix (NVX) Inventory Average (2021 - 2025) Analysis & Trends

Novonix (NVX) has reported Inventory Average for 5 consecutive years, with $2.0 million the latest figure, recorded in Q4 2025.

  • Quarterly Inventory Average rose 15.12% year-over-year to $2.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.0 million (up 15.12% YoY) and the FY2025 annual result came in at $1.8 million, up 5.41% from the prior year.
  • Inventory Average climbed to $2.0 million in Q4 2025 per NVX's latest filing, from $1.6 million in the prior quarter.
  • Over the last five years, Inventory Average for NVX reached as high as $2.9 million in Q2 2023 and fell as low as $1.5 million in Q2 2021.
  • A 5-year average of $2.1 million and a median of $2.2 million in 2023 frame the typical range for Inventory Average.
  • Annual changes were most pronounced in 2022 — Inventory Average surged 58.65% — and 2024, when it dropped 29.47%.
  • Year by year, Inventory Average stood at $2.3 million in 2021, then increased by 9.29% to $2.5 million in 2022, then dropped by 10.19% to $2.3 million in 2023, then retreated by 24.99% to $1.7 million in 2024, then rose by 15.12% to $2.0 million in 2025.
  • According to Business Quant data, Inventory Average over the past three periods registered $2.0 million, $1.6 million, and $1.7 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Electrovaya 406.66 Bn 406.64 Bn 6.04 Mn 14.39 Mn
2 Vertiv Holdings 108.27 Bn 105.77 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 52.18 Bn 49.69 Bn 225.54 Mn 687.92 Mn
4 Hubbell 25.86 Bn 25.34 Bn 505.30 Mn 1.11 Bn
5 nVent Electric 23.71 Bn 23.52 Bn 445.60 Mn 491.95 Mn
6 Advanced Energy Industries 10.80 Bn 10.10 Bn 200.90 Mn 434.95 Mn
7 Acuity Inc. (De) 10.07 Bn 9.66 Bn 606.40 Mn 486.75 Mn
8 Powell Industries 7.95 Bn 7.40 Bn 87.94 Mn 85.63 Mn
9 EnerSys 7.04 Bn 6.60 Bn 290.87 Mn 760.03 Mn
10 Novonix 275.53 Mn 195.67 Mn - 1.97 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.97 Mn
Jun 30, 2025 1.57 Mn
Dec 31, 2024 1.71 Mn
Jun 30, 2024 2.02 Mn
Dec 31, 2023 2.28 Mn
Jun 30, 2023 2.87 Mn
Dec 31, 2022 2.54 Mn
Jun 30, 2022 2.30 Mn
Dec 31, 2021 2.33 Mn
Jun 30, 2021 1.45 Mn