Novonix (NVX) Other Gross PP&E Adjustments (2021 - 2025)

Novonix (NVX) reported Other Gross PP&E Adjustments of -$5.7 million for Q4 2025, up 84.2% on a YoY basis from -$3.1 million in Q4 2024, and up 84.23% quarter-over-quarter from -$36.1 million in Q2 2025.

Novonix (NVX) Other Gross PP&E Adjustments (2021 - 2025) Analysis & Trends

Novonix has reported Other Gross PP&E Adjustments for 5 years, with the latest figure at -$5.7 million in Q4 2025.

  • For the quarter ending Q4 2025, Other Gross PP&E Adjustments rose 84.2% year-over-year to -$5.7 million; the trailing twelve-month figure through Dec 2025 stood at -$5.7 million (up 84.2% YoY), and the FY2023 full-year result was -$4.5 million, down 125.5% from the prior year.
  • Other Gross PP&E Adjustments for Q4 2025 stood at -$5.7 million, up from -$36.1 million in the prior quarter.
  • The five-year high for Other Gross PP&E Adjustments was $19.3 million in Q2 2023, with the low at -$36.1 million in Q2 2025.
  • Historically, Other Gross PP&E Adjustments has averaged -$6.8 million across 5 years, with a median of -$5.5 million in 2021.
  • Annual changes were most pronounced in 2023 — Other Gross PP&E Adjustments jumped 477.12% — and 2024, when it slumped 702.75%.
  • Novonix's Other Gross PP&E Adjustments stood at -$5.4 million in 2021, then soared by 428.0% to $17.6 million in 2022, then plunged by 125.5% to -$4.5 million in 2023, then plunged by 702.75% to -$36.0 million in 2024, then surged by 84.2% to -$5.7 million in 2025.
  • The last three Other Gross PP&E Adjustments figures came in at -$5.7 million (Q4 2025), -$36.1 million (Q2 2025), and -$36.0 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Other Gross PP&E Adjustments (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -5.69 Mn
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 1.21 Bn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 578.07 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn -132.80 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn -83.70 Mn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn -116.80 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn -
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 264.98 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 1.03 Bn
10 EnerSys 8.48 Bn 8.04 Bn 290.87 Mn 1.44 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -5.69 Mn
Dec 31, 2025 -5.69 Mn
Jun 30, 2025 -36.06 Mn
Jun 30, 2025 -36.06 Mn
Dec 31, 2024 -36.00 Mn
Dec 31, 2024 -36.00 Mn
Jun 30, 2024 -6.71 Mn
Jun 30, 2024 -6.71 Mn
Dec 31, 2023 -4.48 Mn
Dec 31, 2023 -4.48 Mn
Jun 30, 2023 19.35 Mn
Jun 30, 2023 19.35 Mn
Dec 31, 2022 17.59 Mn
Dec 31, 2022 17.59 Mn
Jun 30, 2022 -5.13 Mn
Jun 30, 2022 -5.13 Mn
Dec 31, 2021 -5.36 Mn
Dec 31, 2021 -5.36 Mn
Jun 30, 2021 -5.70 Mn
Jun 30, 2021 -5.70 Mn