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