Novonix (NVX) Invested Capital (2020 - 2025)

Novonix (NVX) has reported Invested Capital for 6 consecutive years, with -$20.5 million the latest figure, recorded in Q4 2025.

• Quarterly Invested Capital rose 29.16% year-over-year to -$20.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$18.5 million (down 147.56% YoY) and the FY2025 annual result came in at -$20.5 million, up 29.16% from the prior year.
• Invested Capital climbed to -$20.5 million in Q4 2025 per NVX's latest filing, from -$28.9 million in the prior quarter.
• Over the last five years, Invested Capital for NVX reached as high as $102.9 million in Q2 2022 and fell as low as -$28.9 million in Q4 2024.
• A 5-year average of $33.2 million and a median of $29.2 million in 2023 frame the typical range for Invested Capital.
• Annual changes were most pronounced in 2021 — Invested Capital soared 45793.31% — and 2024, when it plunged 409.85%.
• Year by year, Invested Capital stood at $86.8 million in 2021, then sank by 33.51% to $57.7 million in 2022, then sank by 83.84% to $9.3 million in 2023, then tumbled by 409.85% to -$28.9 million in 2024, then grew by 29.16% to -$20.5 million in 2025.
• According to Business Quant data, Invested Capital over the past three periods registered -$20.5 million, -$28.9 million, and $30.9 million for Q4 2025, Q4 2024, and Q2 2024 respectively.