Novonix (NVX) Work In Process (2021 - 2025)

Novonix (NVX) has reported Work In Process for 5 consecutive years, with $2.2 million the latest figure, recorded in Q4 2025.

• Quarterly Work In Process rose 76.05% year-over-year to $2.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.2 million (up 76.05% YoY) and the FY2025 annual result came in at $2.2 million, up 76.05% from the prior year.
• Work In Process grew to $2.2 million in Q4 2025 per NVX's latest filing, from $1.2 million in the prior quarter.
• Over the last five years, Work In Process for NVX reached as high as $2.5 million in Q4 2022 and fell as low as $1.1 million in Q2 2021.
• A 5-year average of $1.6 million and a median of $1.4 million in 2022 frame the typical range for Work In Process.
• Annual changes were most pronounced in 2023 — Work In Process plunged 43.18% — and 2025, when it surged 76.05%.
• Year by year, Work In Process stood at $1.1 million in 2021, then jumped by 116.2% to $2.5 million in 2022, then tumbled by 43.18% to $1.4 million in 2023, then fell by 11.63% to $1.2 million in 2024, then soared by 76.05% to $2.2 million in 2025.
• According to Business Quant data, Work In Process over the past three periods registered $2.2 million, $1.2 million, and $1.4 million for Q4 2025, Q4 2024, and Q4 2023 respectively.