Skip to content
OpenCapital
Get started

Energy Vault Holdings NRGV Q1 2026 earnings

Reported May 5, 2026 · After market close

Revenue$21.9MBeat by $1.2M
EPS-$0.20Miss by $0.05
Revenue estimate$20.7M
EPS estimate-$0.15

Next report

Aug 11, 2026 (In 1 week)
Revenue estimate$14.2M
EPS estimate-$0.14

Financials

Q1 2026

Income statement

See full
Revenue$21.9M+156%
Gross profit$4.8M-1.8%
Operating income-$24.2M-15.8%
Net income-$32.5M-53.7%
EPS (diluted)-$0.20-42.9%

Balance sheet

See full
Cash & equivalents$117.1M+148%
Total debt$211.4M+643%
Total equity$30.5M-73.5%
Total assets$298.0M+37.1%

Cash flow

See full
Operating cash flow-$53.8M-1,871%
CapEx$7.1M+4.1%
Free cash flow-$60.9M-540%

Valuation & ratios

Valuation

as of 07/28/26
See full
Market cap$531.03M+180%
Enterprise value$625.33M+222%
P/S2.5×-1.2×

Profitability

See full
Gross margin22.1%+2.9pp
Operating margin-35.8%-16.6pp
Net margin-53%-23.8pp

Returns & leverage

See full
Return on equity-158.2%+1,524pp
Debt / equity6.9×+6.7×
Current ratio1.4×+0.6×

Segments

By product

See full
Sale of energy storage products$19.7M+303%
Operation and maintenance services$444.0K+60.9%
Software licensing$182.0K+62.5%
Intellectual property (“IP”) licensing$15.0K-99.5%

By segment

See full
Reportable Segment$21.9M+156%

Versus estimates

Revenue

Q1 2026$21.9MBeat by $1.2M
Q4 2025$153.3MBeat by $4.9MQ3 2025$33.3MMiss by $107.5MQ2 2025$8.5MMiss by $40.5MQ1 2025$8.5MMiss by $16.5MQ4 2024$33.5MMiss by $9.0M

Diluted EPS

Q1 2026-$0.20Miss by $0.05
Q4 2025-$0.13Miss by $0.08Q3 2025-$0.16Miss by $0.06Q2 2025-$0.22Miss by $0.15Q1 2025-$0.08Beat by $0.05Q4 2024-$0.35Miss by $0.21

Ask the moment Energy Vault Holdings reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Energy Vault Holdings report Q1 2026 earnings?
Energy Vault Holdings (NRGV) reported Q1 2026 earnings on May 5, 2026 after market close.
What were Energy Vault Holdings's Q1 2026 revenue and EPS?
Energy Vault Holdings reported revenue of $21.9M and eps of $-0.20 for Q1 2026.
Did Energy Vault Holdings beat estimates in Q1 2026?
Revenue beat the consensus estimate of $20.7M by $1.2M. EPS missed the consensus estimate of $-0.15 by $0.05.
How did Energy Vault Holdings's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 156.4% from $8.5M a year earlier and eps declined 150.0% from $-0.08.
Where can I find Energy Vault Holdings's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001828536-26-000038) and the 10-Q periodic report (0001828536-26-000050) directly on SEC EDGAR. The filing index links above go to sec.gov.