Consulting Sales was Novonix’s largest revenue line in fiscal 2025, bringing in $3.42M of $5.62M (61%).
| Products and services [axis] | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Consulting Sales | $2.30M | $5.05M | $4.05M | $3.42M | ||
| Hardware Sales | $403.86K | $3.00M | $1.81M | $2.20M | ||
| Total | $2.70M | $8.05M | $5.85M | $5.62M |
Novonix brought in $5.62M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 4.1% from $5.85M in fiscal 2024. Consulting Sales was the largest at $3.42M (60.8%), ahead of Hardware Sales at $2.20M (39.2%).
Compared with fiscal 2024, Hardware Sales grew 21.9% to $2.20M, while Consulting Sales fell 15.6% to $3.42M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $2.70M to $5.62M, a compound annual growth rate of 27.6%. Consulting Sales' share of the total fell from 85.1% to 60.8%.
Over Time was Novonix’s largest revenue line in fiscal 2025, bringing in $3.42M of $5.62M (61%).
| Timing of transfer of goods or services [axis] | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Over Time | $2.30M | $5.05M | $4.05M | $3.42M | ||
| At A Point In Time | $403.68K | $3.00M | $1.81M | $2.20M | ||
| Total | $2.70M | $8.05M | $5.85M | $5.62M |
Novonix brought in $5.62M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 4.1% from $5.85M in fiscal 2024. Over Time was the largest at $3.42M (60.8%), ahead of At A Point In Time at $2.20M (39.2%).
Compared with fiscal 2024, At A Point In Time grew 21.9% to $2.20M, while Over Time fell 15.6% to $3.42M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $2.70M to $5.62M, a compound annual growth rate of 27.6%. Over Time's share of the total fell from 85.1% to 60.8%.
Novonix (NVX) reports its revenue by products and services [axis] and by timing of transfer of goods or services [axis]. In fiscal 2025, Consulting Sales was its largest revenue line, bringing in $3.42M (60.8% of the total), followed by Hardware Sales at $2.20M (39.2%).
Consulting Sales was Novonix's largest revenue line in fiscal 2025, bringing in $3.42M, or 60.8% of the $5.62M total across its two revenue lines.
Hardware Sales grew faster than Consulting Sales in fiscal 2025, up 21.9% from $1.81M to $2.20M. Consulting Sales fell 15.6% to $3.42M.
Every figure comes from Novonix's annual financial filings, as reported. Each line keeps the name Novonix gives it, and years follow its fiscal calendar.
Novonix's revenue by products and services [axis] goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.