NOVONIX Limited (NVX)

NASDAQ: NVX · Real-Time Price · USD

2.670

-0.020 (-0.74%)

At close: Sep 29, 2026, 4:00 PM EDT

2.500

-0.170 (-6.36%)

After-hours: Sep 29, 2026, 7:43 PM EDT

NOVONIX Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Revenue	5.62	5.62	5.85	8.05	5.4	6.1
Revenue Growth	0%	-4.05%	-27.32%	49.03%	-11.42%	56.69%
Gross Profit	3.12	3.12	4.08	5.24	2.77	4.38
Operating Income	-52	-52.22	-54.41	-50.08	-57.19	-44.8
Net Income	-97.22	-92.73	-74.82	-46.25	-55.73	-51.86
Earnings Per Share	-0.13	-0.14	-0.15	-0.09	-0.12	-0.11
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
North America	4.38	4.16	6.6	4.59	4.82
Asia	0.84	1.29	0.64	0.59	1.04
Europe	0.39	0.23	0.32	0.05	0.24
Australia	-	0.18	0.48	0.16	-
Total	5.62	5.85	8.05	5.4	6.1

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Cash & Investments	59.53	79.87	42.56	78.71	99.04	142.74
Total Debt	91.32	100.34	71.45	69.39	41.34	42.31
Net Cash (Debt)	-31.78	-20.47	-28.9	9.33	57.7	100.43
Net Cash Growth	-	-	-	-83.84%	-42.55%	8.87%
Net Cash Per Share	-0.04	-0.03	-0.06	0.02	0.12	0.22

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Operating Cash Flow	-43	-42.2	-40.42	-36.23	-37.73	-29.23
Capital Expenditures	-35.15	-60.18	-29.91	-19.2	-49.03	-83.76
Free Cash Flow	-78.15	-102.38	-70.32	-55.42	-86.76	-112.99
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Gross Margin	55.49%	55.49%	69.76%	65.02%	51.16%	71.73%
Operating Margin	-925.82%	-929.63%	-929.39%	-621.75%	-1058.22%	-734.29%
Pretax Margin	-1759.29%	-1650.31%	-1276.38%	-576.67%	-1031.13%	-850.01%
Profit Margin	-1730.85%	-1650.76%	-1278.04%	-574.19%	-1031.13%	-850.01%
FCF Margin	-1391.24%	-1822.69%	-1201.22%	-688.11%	-1605.40%	-1851.97%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
PS Ratio	12.02	41.90	44.13	30.40	89.99	125.12