WallStSmart
NRGV

Energy Vault Holdings Inc

NYSE: NRGV · UTILITIES · UTILITIES - RENEWABLE

$4.12
-1.90% today

Updated 2026-04-29

Market cap
$774.95M
P/E ratio
P/S ratio
3.81x
EPS (TTM)
$-0.65
Dividend yield
52W range
$1 – $6
Volume
3.7M

Energy Vault Holdings Inc (NRGV) Financial statements

SEC filings — annual and quarterly data.

Income statement — annual

Item2019202020212022202320242025
Revenue$0.00$0.00$42.88M$145.88M$341.54M$46.20M$203.67M
Revenue growth (YoY)+240.2%+134.1%-86.5%+340.9%
Cost of revenue$2.44M$86.58M$324.01M$40.01M$155.68M
Gross profit$-2.44M$59.30M$17.53M$6.19M$47.99M
Gross margin-5.7%40.6%5.1%13.4%23.6%
R&D$2.06M$8.52M$7.91M$50.06M$37.10M$26.00M$14.63M
SG&A$7.02M$5.67M$18.06M$56.91M$68.06M$62.97M$81.18M
Operating income$10.01M$-14.51M$-26.81M$-60.26M$-106.74M$-130.00M$-74.37M
Operating margin-62.5%-41.3%-31.3%-281.4%-36.5%
EBITDA$-10.00M$-14.45M$-28.89M$-69.38M$-97.86M$-134.56M$-67.48M
EBITDA margin-67.4%-47.6%-28.7%-291.3%-33.1%
EBIT$-10.01M$-14.51M$-31.33M$-77.87M$-98.76M$-135.62M$-73.20M
Interest expense$1.19M$128134.00$7000.00$2000.00$35000.00$123000.00$8.46M
Income tax
Effective tax rate0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income$-10.14M$-24.17M$-31.34M$-78.30M$-98.44M$-135.75M$-103.61M
Net income growth (YoY)-138.3%-29.7%-149.9%-25.7%-37.9%+23.7%
Profit margin-73.1%-53.7%-28.8%-293.8%-50.9%