Novonix (NVX) Operating Leases (2020 - 2025)
Novonix 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) has 6 years of Operating Leases data on file, last reported at $5.9 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Leases fell 8.91% year-over-year to $5.9 million; the trailing twelve-month figure through Dec 2025 stood at $5.9 million (down 8.91% YoY), and the FY2025 full-year result was $5.9 million, down 8.91% from the prior year.
- Operating Leases for Q4 2025 stood at $5.9 million, down from $6.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $6.5 million in Q4 2024 and bottomed at $4.5 million in Q4 2023.
- The 5-year median for Operating Leases is $5.3 million (2021), against an average of $5.4 million.
- The widest annual swing landed in 2021, when Operating Leases jumped 186.88%; it then retreated 8.91% in 2025.
- A 5-year view of Operating Leases shows it stood at $5.5 million in 2021, then fell by 11.99% to $4.8 million in 2022, then fell by 7.17% to $4.5 million in 2023, then soared by 44.84% to $6.5 million in 2024, then declined by 8.91% to $5.9 million in 2025.
- The last three Operating Leases figures came in at $5.9 million (Q4 2025), $6.5 million (Q4 2024), and $4.5 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn |
| 10 | Novonix | 335.32 Mn | 255.45 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.91 Mn |
| Dec 31, 2024 | 6.49 Mn |
| Dec 31, 2023 | 4.48 Mn |
| Dec 31, 2022 | 4.83 Mn |
| Jun 30, 2022 | 5.20 Mn |
| Jun 30, 2021 | 5.48 Mn |
| Jun 30, 2020 | 1.91 Mn |