Novonix (NVX) Net Income towards Common Stockholders (2023 - 2024)

Novonix (NVX) posted quarterly Net Income towards Common Stockholders of -$28.7 million for Q4 2024, down 2.18% year-on-year from -$29.4 million in Q1 2024, and down 2.18% on a QoQ basis from -$28.1 million in Q4 2023.

Novonix (NVX) Net Income towards Common Stockholders (2023 - 2024) Analysis & Trends

Novonix (NVX) has reported Net Income towards Common Stockholders for 2 consecutive years, with -$28.7 million the latest figure, recorded in Q4 2024.

  • Quarterly Net Income towards Common Stockholders fell 2.18% year-over-year to -$28.7 million in Q4 2024, while the trailing twelve-month figure through Dec 2025 was -$28.7 million (up 49.46% YoY) and the FY2025 annual result came in at -$92.7 million, down 23.93% from the prior year.
  • Net Income towards Common Stockholders retreated to -$28.7 million in Q4 2024 per NVX's latest filing, from -$28.1 million in the prior quarter.
  • Over the last five years, Net Income towards Common Stockholders for NVX reached as high as -$28.1 million in Q4 2023 and fell as low as -$28.7 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Electrovaya 413.55 Bn 413.53 Bn 6.04 Mn 1.96 Mn
2 Vertiv Holdings 109.26 Bn 106.76 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 53.01 Bn 50.51 Bn 225.54 Mn 70.65 Mn
4 Hubbell 26.33 Bn 25.81 Bn 505.30 Mn 183.00 Mn
5 nVent Electric 24.09 Bn 23.90 Bn 445.60 Mn 2.00 Mn
6 Advanced Energy Industries 10.99 Bn 10.29 Bn 200.90 Mn -500,000.00
7 Acuity Inc. (De) 10.14 Bn 9.72 Bn 606.40 Mn -55.00 Mn
8 Powell Industries 8.00 Bn 7.45 Bn 87.94 Mn 45.89 Mn
9 EnerSys 7.11 Bn 6.67 Bn 290.87 Mn 77.30 Mn
10 Novonix 274.78 Mn 194.92 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -28.71 Mn
Dec 31, 2023 -28.10 Mn