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

Novonix (NVX) has 5 years of Work In Process data on file, last reported at $2.2 million in Q4 2025.

• For the quarter ending Q4 2025, Work In Process rose 76.05% year-over-year to $2.2 million; the trailing twelve-month figure through Dec 2025 stood at $2.2 million (up 76.05% YoY), and the FY2025 full-year result was $2.2 million, up 76.05% from the prior year.
• Work In Process for Q4 2025 stood at $2.2 million, up from $1.2 million in the prior quarter.
• Across five years, Work In Process topped out at $2.5 million in Q4 2022 and bottomed at $1.2 million in Q4 2024.
• The 5-year median for Work In Process is $1.4 million (2023), against an average of $1.6 million.
• The widest annual swing landed in 2023, when Work In Process tumbled 43.18%; it then jumped 76.05% in 2025.
• A 5-year view of Work In Process shows it stood at $1.2 million in 2021, then surged by 98.28% to $2.5 million in 2022, then sank by 43.18% to $1.4 million in 2023, then dropped by 11.63% to $1.2 million in 2024, then jumped by 76.05% to $2.2 million in 2025.
• The last three Work In Process figures came in at $2.2 million (Q4 2025), $1.2 million (Q4 2024), and $1.4 million (Q4 2023), per Business Quant data.

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