Energy Vault Holdings NRGV Advances to suppliers
Advances to suppliers at other companies
Other financials
Where this comes from
Reported directly by Energy Vault Holdings in its filing.
Tagged under the XBRL concept nrgv:AdvancesToSuppliers.
The official record: Energy Vault Holdings’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Energy Vault Holdings's advances to suppliers?
- Energy Vault Holdings (NRGV) reported advances to suppliers of $3.82M in Q1 2026.
- How has Energy Vault Holdings's advances to suppliers changed year-over-year?
- Energy Vault Holdings's advances to suppliers decreased by 48.4% year-over-year, from $7.4M to $3.82M.
- What is the long-term trend for Energy Vault Holdings's advances to suppliers?
- Over 3 years (2022 to 2025), Energy Vault Holdings's advances to suppliers has grown at a -36.2% compound annual growth rate (CAGR), from $24.33M to $6.32M.
- What does advances to suppliers mean?
- This represents prepayments made to vendors or contractors for goods and services that have not yet been received or performed. It reflects the company's commitment of working capital to secure supply chains or project resources, which is critical for managing long-term infrastructure deployments. High levels of advances may indicate significant upcoming project activity or efforts to mitigate supply chain risks.