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| Date | Value |
|---|---|
| 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 |