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