Novonix Ltd revenue

Novonix Ltd's revenue was $5.6m in fiscal 2025, down 4.1% on the year before. Since fiscal 2020 ($2.9m) it has grown at a compound 14.5% a year.

Revenue history

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

Novonix Ltd: revenue history, annual
Fiscal year	2020Jun 2020	2021Jun 2021	2022Jun 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	2,851	3,894	6,101	8,055	5,854	5,617
Growth on the year before	—	+36.6%	+56.7%	+32.0%	−27.3%	−4.1%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Electrical Components & Equipment: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Novonix Ltd	$5.6m	-4.1%	—
Linkers Industries Ltd	$5.5m	8.5%	—
Laser Photonics Corp	$6.2m	-11.0%	20.5%
Energy Focus, Inc	$6.5m	53.5%	13.8%
Polar Power, Inc.	$4.6m	-61.4%	-36.3%
Expion Energy, Inc.	$8.2m	-2.4%	10.8%

Compare with peers

Head to head: LNKS vs NVX LASE vs NVX EFOI vs NVX NVX vs POLA

More: Electrical Components & Equipment stocks compared, Industrials sector, rankings of US companies

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.