Earnings in 2d
NVX · NASDAQ · Electrical Equipment & Parts

NOVONIX (ADR)

Produces synthetic graphite anode material for North American battery supply chains.

$3.25
After-hours close−0.22 (−6.34%)
At close$3.47(−3.88%)
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Profile

Novonix LimitedNVXIndustrials

Develops synthetic graphite anode material for lithium-ion batteries at its Riverside facility in Chattanooga. The business is focused on commercial production and customer qualification for the North American supply chain.

Develops and commercializes synthetic graphite anode material for lithium-ion batteries at the Riverside facility in Chattanooga, Tennessee. Its stated end markets are electric vehicles, energy storage, and national defense, with public communications focused on domestic North American production. Riverside is its first mass-production site.

Following the divestiture of its legacy battery-testing business, operations are moving from development and customer qualification toward commercial production. The business depends on equipment installation and commissioning, customer qualification, selected needle-coke and Harper supply relationships, and additional funding. Panasonic and PowerCo agreements remain cited after the Stellantis agreement ended.

Company facts

CEOMike O’Kronley
ListedFeb 1, 2022
ExchangeNASDAQ
HeadquartersChattanooga, TN
CountryAustralia
Employees192
CIK0001859795
ISINUS67010L1008

Key statistics

Market cap$73.7M
EPS (ttm)−$0.5500
P/E (ttm)−6.38
ROE-63.7%
P/B0.3976
P/S15.51
Dividend yield
Beta2.16vs XLI 0.54

Year to date −68.2% · Average volume (30d) 23.5K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate−$0.25
ReportedDue Aug 31, 2026

Revenue

Estimate$33.5M
ReportedDue Aug 31, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Feb 26, 2026Q4 FY25−$0.11−$0.44−287.5%$3.5M$2.8M−21.0%−2.56%
Aug 21, 2025Q2 FY25−$0.26−$0.13+49.7%$3.2M$2.8M−12.3%+10.85%
Feb 28, 2025Q4 FY24−$0.12−$0.06+54.4%$3.7M$1.9M−47.6%−6.36%
Oct 29, 2024−$0.18−$0.04+77.8%$2.9M$1.8M−36.0%−8.33%
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Financial highlights

12 quartersQ2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$3.9M$4.3M$2.7M$3.1M$2.8M$2.8M
Gross profit−$16.6M−$8.9M$1.7M−$11.2M−$14.7M−$9.7M
Operating income−$29.5M−$18.7M−$27.7M−$22.7M−$26.5M−$25.8M
Net income−$27.9M−$18.3M−$28.7M−$45.9M−$20.1M−$72.7M
Diluted EPS−$0.23−$0.15−$0.35−$0.37−$0.13−$0.44
Gross margin-431.3%-207.0%63.3%-361.9%-521.4%-344.6%
Operating margin-765.4%-434.2%-1,009.5%-731.9%-938.6%-920.6%

Revenue by product · FY25

Hardware Sales$2.2M · 95%
Services Sales$126.1K · 5%

Balance sheet, Dec 31, 2025Cash & short-term investments $84.1M · Total debt $99.3M · Total assets $282.8M · Shareholders' equity $157.1M

Dividends

No dividends on record.

Ownership

Institutions 2.25%Insiders

Shares outstanding 21.02M · Float

Float — provider float and free-float percent disagree.

Insiders — filings are in the shares behind the receipt.

This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.

The provider's float, free-float percent and share count do not reconcile, so the float is not shown.

Insider tradesForm 4

No open-market trades in the last 12 months.

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Peers

Not reported.