Novonix (NVX) Operating Leases (2020 - 2025)

Novonix (NVX) posted quarterly Operating Leases of $5.9 million for Q4 2025, down 8.91% year-on-year from $6.5 million in Q4 2024, and down 8.91% on a QoQ basis from $6.5 million in Q4 2024.

Novonix (NVX) Operating Leases (2020 - 2025) Analysis & Trends

Novonix (NVX) has reported Operating Leases for 6 consecutive years, with $5.9 million the latest figure, recorded in Q4 2025.

  • Quarterly Operating Leases fell 8.91% year-over-year to $5.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $5.9 million (down 8.91% YoY) and the FY2025 annual result came in at $5.9 million, down 8.91% from the prior year.
  • Operating Leases fell to $5.9 million in Q4 2025 per NVX's latest filing, from $6.5 million in the prior quarter.
  • Over the last five years, Operating Leases for NVX reached as high as $6.8 million in Q2 2024 and fell as low as $4.5 million in Q4 2023.
  • A 5-year average of $5.4 million and a median of $5.1 million in 2022 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2021 — Operating Leases soared 163.1% — and 2023, when it dropped 9.59%.
  • Year by year, Operating Leases stood at $5.0 million in 2021, then retreated by 4.04% to $4.8 million in 2022, then decreased by 7.17% to $4.5 million in 2023, then surged by 44.84% to $6.5 million in 2024, then retreated by 8.91% to $5.9 million in 2025.
  • According to Business Quant data, Operating Leases over the past three periods registered $5.9 million, $6.5 million, and $6.8 million for Q4 2025, Q4 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 411.34 Bn 411.31 Bn 6.04 Mn
2 Vertiv Holdings 109.19 Bn 106.69 Bn 999.70 Mn
3 Bloom Energy 52.58 Bn 50.09 Bn 225.54 Mn
4 Hubbell 26.29 Bn 25.77 Bn 505.30 Mn
5 nVent Electric 24.04 Bn 23.85 Bn 445.60 Mn
6 Advanced Energy Industries 10.95 Bn 10.25 Bn 200.90 Mn
7 Acuity Inc. (De) 10.13 Bn 9.72 Bn 606.40 Mn
8 Powell Industries 7.97 Bn 7.42 Bn 87.94 Mn
9 EnerSys 7.10 Bn 6.66 Bn 290.87 Mn
10 Novonix 275.53 Mn 195.67 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 5.91 Mn
Dec 31, 2024 6.49 Mn
Jun 30, 2024 6.75 Mn
Dec 31, 2023 4.48 Mn
Jun 30, 2023 4.64 Mn
Dec 31, 2022 4.83 Mn
Jun 30, 2022 5.13 Mn
Jun 30, 2021 5.03 Mn
Jun 30, 2020 1.91 Mn