Novonix (NVX) Total Liabilities (2020 - 2025)

Novonix posted quarterly Total Liabilities of $121.2 million for Q4 2025, up 37.0% year-on-year from $88.5 million in Q4 2024, and up 37.0% on a QoQ basis from $88.5 million in Q4 2024.

Novonix (NVX) has 6 years of Total Liabilities data on file, last reported at $121.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Total Liabilities rose 37.0% year-over-year to $121.2 million; the trailing twelve-month figure through Dec 2025 stood at $121.2 million (up 37.0% YoY), and the FY2025 full-year result was $121.2 million, up 37.0% from the prior year.
  • Total Liabilities for Q4 2025 stood at $121.2 million, up from $88.5 million in the prior quarter.
  • Across five years, Total Liabilities topped out at $121.2 million in Q4 2025 and bottomed at $14.2 million in Q2 2021.
  • The 5-year median for Total Liabilities is $66.6 million (2022), against an average of $68.1 million.
  • The widest annual swing landed in 2022, when Total Liabilities surged 278.97%; it then increased 11.46% in 2024.
  • A 5-year view of Total Liabilities shows it stood at $14.2 million in 2021, then surged by 261.33% to $51.4 million in 2022, then jumped by 54.58% to $79.4 million in 2023, then increased by 11.46% to $88.5 million in 2024, then jumped by 37.0% to $121.2 million in 2025.
  • The last three Total Liabilities figures came in at $121.2 million (Q4 2025), $88.5 million (Q4 2024), and $79.4 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 9.16 Bn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 3.72 Bn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 3.17 Bn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 4.64 Bn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 1.19 Bn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 470.97 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 1.72 Bn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 2.09 Bn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 1.59 Bn
10 Novonix 335.32 Mn 255.45 Mn - 121.25 Mn

Historic Data

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DateValue
Dec 31, 2025 121.25 Mn
Dec 31, 2024 88.51 Mn
Dec 31, 2023 79.41 Mn
Dec 31, 2022 51.37 Mn
Jun 30, 2022 53.88 Mn
Jun 30, 2021 14.22 Mn
Jun 30, 2020 7.23 Mn