Novonix Ltd income statement

In fiscal 2025, Novonix Ltd reported revenue of $5.6m, down 4.1% on the year before, operating income of $276m (a 4916.0% margin) and net income of −$92.7m, or −$0.56 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Novonix Ltd: income statement, annual
Fiscal year	2020Jun 2020	2021Jun 2021	2022Jun 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	3	4	6	8	6	6
Research and development	2	2	5	6	5	6
Operating income	—	—	—	—	151	276
Interest expense	—	0	0	0	0	0
Income before tax	−13	−13	−52	−46	−75	−93
Income tax	0	0	0	−0	0	0
Net income	−13	−13	−52	−46	−75	−93
Diluted EPS	−$0.40	−$0.16	−$0.44	−$0.36	−$0.60	−$0.56
Diluted shares (average)	34m	92m	116m	122m	124m	170m
EBITDA	—	—	—	—	155	281

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Novonix Ltd's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Novonix Ltd.