Energy Vault Holdings, Inc. (NRGV)

NYSE: NRGV · Real-Time Price · USD

4.100

0.00 (0.00%)

Sep 15, 2026, 9:38 AM EDT - Market open

Energy Vault Holdings 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 2021
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	Dec '21 Dec 31, 2021
Revenue	225.87	203.67	46.2	341.54	145.88	-
Revenue Growth	336.76%	340.86%	-86.47%	134.13%	-	-
Gross Profit	50.76	47.99	6.19	17.53	59.3	-
Operating Income	-76.86	-73.21	-128.1	-106.15	-60.26	-26.81
Net Income	-112.15	-103.61	-135.75	-98.44	-78.3	-31.34
Earnings Per Share	-0.67	-0.65	-0.91	-0.69	-0.64	-2.45
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
United States	74.22	44.42	341.07	85.64
Australia	124.27	0.99	-	-
Other	5.18	0.78	-	9.72
Total	203.67	46.2	341.54	145.88

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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	Dec '21 Dec 31, 2021
Cash & Investments	93.38	58.59	30.02	109.92	203.04	105.13
Total Debt	244.97	97.16	2.09	2.22	1.55	1.36
Net Cash (Debt)	-151.59	-38.58	27.94	107.7	201.49	103.77
Net Cash Growth	-	-	-74.06%	-46.54%	94.17%	1214.87%
Net Cash Per Share	-0.89	-0.24	0.19	0.75	1.63	8.12

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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	Dec '21 Dec 31, 2021
Operating Cash Flow	-102.64	-5.65	-55.86	-92.66	-23.35	-22.07
Capital Expenditures	-42.11	-41.09	-58.85	-36.54	-2.32	-0.17
Free Cash Flow	-144.74	-46.74	-114.71	-129.2	-25.67	-22.24
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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	Dec '21 Dec 31, 2021
Gross Margin	22.47%	23.56%	13.39%	5.13%	40.65%	-
Operating Margin	-34.03%	-35.94%	-277.28%	-31.08%	-41.30%	-
Pretax Margin	-45.85%	-47.08%	-293.83%	-28.93%	-53.38%	-
Profit Margin	-49.65%	-50.87%	-293.84%	-28.82%	-53.67%	-
FCF Margin	-64.08%	-22.95%	-248.30%	-37.83%	-17.59%	-

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	-	259.00	259.00	259.00	259.00	-
PS Ratio	3.30	3.80	7.51	0.98	2.96	-