Energy Vault Holdings, Inc. (NRGV)

Energy Vault Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	21.42	27.09	109.92	203.04	105.13	10.05
Short-Term Investments	0.84	2.93	-	-	-	-
Cash & Short-Term Investments	22.25	30.02	109.92	203.04	105.13	10.05
Cash Growth	-79.17%	-72.69%	-45.86%	93.14%	945.90%	-31.44%
Accounts Receivable	13.68	23.51	114.69	67.94	-	-
Other Receivables	0.35	0.12	1.36	0.45	0.12	0.36
Receivables	14.02	23.63	116.05	68.39	0.12	0.36
Inventory	-	0.11	0.42	4.38	-	-
Prepaid Expenses	5.21	3.42	3.13	6.61	1.14	-
Restricted Cash	32.92	0.99	35.63	83.15	-	-
Other Current Assets	20.49	10.73	14.44	24.51	4.28	0.39
Total Current Assets	94.9	68.91	279.58	390.07	110.66	10.8
Property, Plant & Equipment	123.15	100.7	32.74	4.49	13.11	4.18
Long-Term Investments	6.29	3.27	17.3	11.08	-	-
Other Intangible Assets	5.75	4.54	1.79	-	-	-
Long-Term Accounts Receivable	2.22	3.33	6.7	8.26	-	-
Other Long-Term Assets	4.44	3.15	2.65	2.82	0.87	14.99
Total Assets	248.83	183.89	340.75	416.71	125.29	30.38
Accounts Payable	35.83	20.25	21.17	60.32	1.98	2.06
Accrued Expenses	15.58	20.56	82.47	10.58	4.7	1.29
Short-Term Debt	1.17	0.72	0.36	-	-	-
Current Portion of Leases	0.49	0.5	0.72	0.83	0.66	0.42
Current Income Taxes Payable	1.21	2.35	0.73	4.17	-	-
Current Unearned Revenue	65.73	8.94	4.92	49.43	-	-
Other Current Liabilities	0.71	1.34	1.49	-	-	0.12
Total Current Liabilities	143.83	54.66	111.85	125.32	7.34	3.9
Long-Term Debt	10.24	-	-	-	-	0.8
Long-Term Leases	1.74	0.87	1.14	0.73	0.7	0.94
Long-Term Unearned Revenue	0.03	-	1.5	1.5	1.5	1.5
Other Long-Term Liabilities	0.61	0.07	0.98	0.56	0.98	-
Total Liabilities	158.53	57.63	116.96	129	11.25	7.97
Common Stock	0.02	0.02	0.02	0.01	-	0
Additional Paid-In Capital	532.1	512.02	473.27	435.85	0.71	0.1
Retained Earnings	-439.89	-383.82	-248.07	-147.27	-68.97	-37.63
Comprehensive Income & Other	-1.9	-1.9	-1.42	-0.89	-0.41	-2.1
Total Common Equity	90.33	126.32	223.79	287.71	-68.67	-39.63
Minority Interest	-0.03	-0.06	-	-	-	-
Shareholders' Equity	90.3	126.26	223.79	287.71	114.04	22.42
Total Liabilities & Equity	248.83	183.89	340.75	416.71	125.29	30.38
Total Debt	36.76	2.09	2.22	1.55	1.36	2.16
Net Cash (Debt)	-14.5	27.94	107.7	201.49	103.77	7.89
Net Cash Growth	-	-74.06%	-46.54%	94.17%	1214.87%	-39.44%
Net Cash Per Share	-0.09	0.19	0.75	1.63	8.12	5.90
Filing Date Shares Outstanding	161.86	154.24	147.08	141.39	129.66	2.15
Total Common Shares Outstanding	160.69	153.21	146.58	138.53	3.02	2.15
Working Capital	-48.93	14.25	167.73	264.74	103.32	6.9
Book Value Per Share	0.56	0.82	1.53	2.08	-22.76	-18.45
Tangible Book Value	84.58	121.78	222.01	287.71	-68.67	-39.63
Tangible Book Value Per Share	0.53	0.79	1.51	2.08	-22.76	-18.45
Land	0.3	0.3	0.23	-	-	-
Buildings	0.77	0.77	0.77	-	-	-
Machinery	37.31	12.84	10.8	1.47	13.91	2.62
Construction In Progress	86.83	88.67	20.1	1.27	-	-
Leasehold Improvements	0.13	0.07	0.7	0.53	0.18	0.14
Order Backlog	-	433.89	275.38	-	-	-

Updated May 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q