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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	32.7	27.09	109.92	203.04	105.13	10.05
Short-Term Investments	-	2.93	-	-	-	-
Cash & Short-Term Investments	32.7	30.02	109.92	203.04	105.13	10.05
Cash Growth	-36.05%	-72.69%	-45.86%	93.14%	945.90%	-31.44%
Accounts Receivable	11.42	23.51	114.69	67.94	-	-
Other Receivables	0.41	0.12	1.36	0.45	0.12	0.36
Receivables	11.84	23.63	116.05	68.39	0.12	0.36
Inventory	7.03	0.11	0.42	4.38	-	-
Prepaid Expenses	6.19	3.42	3.13	6.61	1.14	-
Restricted Cash	2.51	0.99	35.63	83.15	-	-
Other Current Assets	42.98	10.73	14.44	24.51	4.28	0.39
Total Current Assets	103.24	68.91	279.58	390.07	110.66	10.8
Property, Plant & Equipment	95.81	100.7	32.74	4.49	13.11	4.18
Long-Term Investments	4.69	3.27	17.3	11.08	-	-
Other Intangible Assets	6.29	4.54	1.79	-	-	-
Long-Term Accounts Receivable	2.22	3.33	6.7	8.26	-	-
Other Long-Term Assets	27.42	3.15	2.65	2.82	0.87	14.99
Total Assets	281.88	183.89	340.75	416.71	125.29	30.38
Accounts Payable	36	20.25	21.17	60.32	1.98	2.06
Accrued Expenses	30.51	20.56	82.47	10.58	4.7	1.29
Short-Term Debt	1.27	0.72	0.36	-	-	-
Current Portion of Leases	0.53	0.5	0.72	0.83	0.66	0.42
Current Income Taxes Payable	3.58	2.35	0.73	4.17	-	-
Current Unearned Revenue	63.6	8.94	4.92	49.43	-	-
Other Current Liabilities	0.36	1.34	1.49	-	-	0.12
Total Current Liabilities	164.44	54.66	111.85	125.32	7.34	3.9
Long-Term Debt	31.56	-	-	-	-	0.8
Long-Term Leases	1.76	0.87	1.14	0.73	0.7	0.94
Long-Term Unearned Revenue	0.09	-	1.5	1.5	1.5	1.5
Pension & Post-Retirement Benefits	2.21	2.04	1.49	0.89	0.73	0.83
Other Long-Term Liabilities	1.27	0.07	0.98	0.56	0.98	-
Total Liabilities	201.33	57.63	116.96	129	11.25	7.97
Common Stock	0.02	0.02	0.02	0.01	-	0
Additional Paid-In Capital	549.13	512.02	473.27	435.85	0.71	0.1
Retained Earnings	-466.7	-383.82	-248.07	-147.27	-68.97	-37.63
Comprehensive Income & Other	-1.87	-1.9	-1.42	-0.89	-0.41	-2.1
Total Common Equity	80.58	126.32	223.79	287.71	-68.67	-39.63
Minority Interest	-0.03	-0.06	-	-	-	-
Shareholders' Equity	80.55	126.26	223.79	287.71	114.04	22.42
Total Liabilities & Equity	281.88	183.89	340.75	416.71	125.29	30.38
Total Debt	63.73	2.09	2.22	1.55	1.36	2.16
Net Cash (Debt)	-31.03	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	-0.20	0.19	0.75	1.63	8.12	5.90
Filing Date Shares Outstanding	167.79	154.24	147.08	141.39	129.66	2.15
Total Common Shares Outstanding	166.65	153.21	146.58	138.53	3.02	2.15
Working Capital	-61.2	14.25	167.73	264.74	103.32	6.9
Book Value Per Share	0.48	0.82	1.53	2.08	-22.76	-18.45
Tangible Book Value	74.29	121.78	222.01	287.71	-68.67	-39.63
Tangible Book Value Per Share	0.45	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	95.76	12.84	10.8	1.47	13.91	2.62
Construction In Progress	2.66	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q