Novonix Limited's gross profit is $-43M, below the Materials sector average of $45B.
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+ FollowAs of Jun 30, 2026
Trailing 12 months ending Jun 30, 2026
The latest gross profit for NVX is $-43M as of June 2026. That compares with $-54M in the prior-year period — up 20.3% year over year. That is below the Materials sector average of $45B. Investors often review this figure alongside Novonix Limited's historical trend and sector peers before judging valuation or financial health.
Over the past year, NVX's gross profit moved from $-54M to $-43M — a 20.3% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Novonix Limited's operating scale or balance-sheet position.
Against Materials companies, NVX currently prints $-43M for gross profit, while the sector average sits near $45B. That is roughly 100.1% below the sector mean. Large gaps often invite a closer look at Novonix Limited's growth, margins, and balance sheet.
A gross profit figure of $-43M for NVX is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Materials average is about $45B. Explore the charts below for those layers of context.
After noting NVX's gross profit ($-43M), review year-over-year change from $-54M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.