Novonix (NVX) Total Debt (2020 - 2025)

Novonix posted quarterly Total Debt of $93.8 million for Q4 2025, up 45.63% year-on-year from $64.4 million in Q4 2024, and up 45.63% on a QoQ basis from $64.4 million in Q4 2024.

Novonix (NVX) has 6 years of Total Debt data on file, last reported at $93.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Total Debt rose 45.63% year-over-year to $93.8 million; the trailing twelve-month figure through Dec 2025 stood at $93.8 million (up 45.63% YoY), and the FY2025 full-year result was $93.8 million, up 45.63% from the prior year.
  • Total Debt for Q4 2025 stood at $93.8 million, up from $64.4 million in the prior quarter.
  • Across five years, Total Debt topped out at $93.8 million in Q4 2025 and bottomed at $4.8 million in Q2 2021.
  • The 5-year median for Total Debt is $37.0 million (2022), against an average of $45.4 million.
  • The widest annual swing landed in 2022, when Total Debt soared 696.36%; it then increased 1.3% in 2023.
  • A 5-year view of Total Debt shows it stood at $4.8 million in 2021, then jumped by 627.25% to $35.1 million in 2022, then increased by 1.3% to $35.5 million in 2023, then soared by 81.37% to $64.4 million in 2024, then surged by 45.63% to $93.8 million in 2025.
  • The last three Total Debt figures came in at $93.8 million (Q4 2025), $64.4 million (Q4 2024), and $35.5 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 2.92 Bn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 1.56 Bn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 2.57 Bn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 568.20 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 697.10 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 1.11 Bn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 72.29 Mn
10 Novonix 335.32 Mn 255.45 Mn - 93.85 Mn

Historic Data

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DateValue
Dec 31, 2025 93.85 Mn
Dec 31, 2024 64.44 Mn
Dec 31, 2023 35.53 Mn
Dec 31, 2022 35.08 Mn
Jun 30, 2022 38.41 Mn
Jun 30, 2021 4.82 Mn
Jun 30, 2020 1.52 Mn