NOVONIX Ltd (NVX) Invested Capital (2020 - 2025)

Novonix's Invested Capital history runs 6 years deep, the most recent figure standing at -$20.5 million for Q4 2025.

• In Q4 2025, Invested Capital rose 29.16% year-over-year to -$20.5 million; the TTM figure through Dec 2025 stood at -$18.5 million (down 147.56% YoY), while the FY2025 annual figure was -$20.5 million, up 29.16% from the prior year.
• Invested Capital for Q4 2025 stood at -$20.5 million, up from -$28.9 million in the prior quarter.
• The five-year high for Invested Capital was $104.4 million in Q2 2022, with the low at -$28.9 million in Q4 2024.
• The 5-year median for Invested Capital is $29.2 million (2023), against an average of $34.4 million.
• The sharpest annual moves came in 2021 and 2024: Invested Capital soared 49941.27% in 2021, then plunged 409.85% in 2024.
• Novonix's Invested Capital stood at $94.6 million in 2021, then sank by 39.02% to $57.7 million in 2022, then plunged by 83.84% to $9.3 million in 2023, then slumped by 409.85% to -$28.9 million in 2024, then gained by 29.16% to -$20.5 million in 2025.
• Business Quant data shows NVX's Invested Capital at -$20.5 million in Q4 2025, -$28.9 million in Q4 2024, and $30.9 million in Q2 2024.