Energy Vault Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

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
Cash & Equivalents	93.04	58.26	27.09	109.92	203.04	105.13
Short-Term Investments	0.33	0.33	2.93	-	-	-
Cash & Short-Term Investments	93.38	58.59	30.02	109.92	203.04	105.13
Cash Growth	319.61%	95.13%	-72.69%	-45.86%	93.14%	945.90%
Accounts Receivable	22.3	46.57	23.51	114.69	67.94	-
Other Receivables	0.77	0.81	0.12	1.36	0.45	0.12
Receivables	23.07	47.38	23.63	116.05	68.39	0.12
Inventory	0.37	0.14	0.11	0.42	4.38	-
Prepaid Expenses	13.06	3.92	3.42	3.13	6.61	1.14
Restricted Cash	14.31	4.72	0.99	35.63	83.15	-
Other Current Assets	37.38	6.33	10.73	14.44	24.51	4.28
Total Current Assets	181.55	121.07	68.91	279.58	390.07	110.66
Property, Plant & Equipment	98.16	98.31	100.7	32.74	4.49	13.11
Long-Term Investments	1.34	3.37	3.27	17.3	11.08	-
Other Intangible Assets	7.2	8.28	4.54	1.79	-	-
Long-Term Accounts Receivable	-	-	3.33	6.7	8.26	-
Long-Term Deferred Tax Assets	28.47	40.51	-	-	-	-
Other Long-Term Assets	53.82	41.35	3.15	2.65	2.82	0.87
Total Assets	370.53	312.88	183.89	340.75	416.71	125.29

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
Accounts Payable	14.99	30.84	20.25	21.17	60.32	1.98
Accrued Expenses	13.91	15.25	12.39	82.47	10.58	4.7
Short-Term Debt	-	0.43	0.72	0.36	-	-
Current Portion of Long-Term Debt	77.98	56.63	-	-	-	-
Current Portion of Leases	0.55	0.55	0.5	0.72	0.83	0.66
Current Income Taxes Payable	0.91	4.57	2.35	0.73	4.17	-
Current Unearned Revenue	29.73	6.61	8.94	4.92	49.43	-
Other Current Liabilities	14.14	50.13	9.5	1.49	-	-
Total Current Liabilities	152.2	165.02	54.66	111.85	125.32	7.34
Long-Term Debt	165.04	37.97	-	-	-	-
Long-Term Leases	1.4	1.58	0.87	1.14	0.73	0.7
Long-Term Unearned Revenue	0.37	0.2	-	1.5	1.5	1.5
Pension & Post-Retirement Benefits	1.91	1.84	2.04	1.49	0.89	0.73
Other Long-Term Liabilities	17	17.66	0.07	0.98	0.56	0.98
Total Liabilities	337.92	224.26	57.63	116.96	129	11.25

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
Common Stock	0.02	0.02	0.02	0.02	0.01	-
Additional Paid-In Capital	557.32	555.87	512.02	473.27	435.85	0.71
Retained Earnings	-549.61	-487.43	-383.82	-248.07	-147.27	-68.97
Comprehensive Income & Other	-0.84	-0.97	-1.9	-1.42	-0.89	-0.41
Total Common Equity	6.89	67.49	126.32	223.79	287.71	-68.67
Minority Interest	25.72	21.13	-0.06	-	-	-
Shareholders' Equity	32.61	88.62	126.26	223.79	287.71	114.04
Total Liabilities & Equity	370.53	312.88	183.89	340.75	416.71	125.29

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
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
Filing Date Shares Outstanding	181.84	172.98	154.24	147.08	141.39	129.66
Total Common Shares Outstanding	179.94	168.97	153.21	146.58	138.53	3.02
Working Capital	29.35	-43.95	14.25	167.73	264.74	103.32
Book Value Per Share	0.04	0.40	0.82	1.53	2.08	-22.76
Tangible Book Value	-0.31	59.21	121.78	222.01	287.71	-68.67
Tangible Book Value Per Share	-0.00	0.35	0.79	1.51	2.08	-22.76
Land	0.33	0.3	0.3	0.23	-	-
Buildings	0.77	0.77	0.77	0.77	-	-
Machinery	85.82	95.99	12.84	10.8	1.47	13.91
Construction In Progress	19.67	8.19	88.67	20.1	1.27	-
Leasehold Improvements	0.14	0.13	0.07	0.7	0.53	0.18
Order Backlog	-	1,306	433.89	275.38	-	-

SEC Filings: 10-K · 10-Q