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Other financials

Income statement

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Revenue$17.4M+104%
Gross profit$5.4M+114%
Operating income-$24.7M+12.4%
Net income-$29.7M+15.0%

Balance sheet

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Cash & equivalents$148.0M+155%
Total debt$244.9M+288%
Total equity$6.9M-92.4%
Total assets$370.5M+48.9%

Cash flow

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Operating cash flow-$30.6M-299%
CapEx$9.1M+8.8%
Free cash flow-$39.7M

Valuation

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Market cap$632.53M+185%
Enterprise value$729.44M+221%
P/S2.8×-1.5×

Profitability

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Gross margin22.5%+2.2pp
Operating margin-32.8%-15.2pp
Net margin-48.6%-22.0pp
FCF margin-64.1%

Returns & leverage

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Return on equity-225.9%-1,190pp
Debt / equity35.7×+35.0×
Current ratio1.2×+0.5×

Where this comes from

Reported directly by Energy Vault Holdings in its filing.

Tagged under the XBRL concept us-gaap:EarningsPerShareDiluted.

The source filing: Energy Vault Holdings’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001828536-26-000101
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net loss attributable to non-controlling interest(5)(43)
Net loss attributable to Energy Vault Holdings, Inc.$(29,692)$(34,927)$(62,177)$(56,063)
Net loss per share attributable to common stockholders — basic$(0.17)$(0.22)$(0.37)$(0.36)
Net loss per share attributable to common stockholders — diluted$(0.18)$(0.22)$(0.38)$(0.36)
Weighted average shares outstanding — basic178,103156,911175,002155,326
Weighted average shares outstanding — diluted178,394156,911175,147155,326
Other comprehensive income (loss) — net of tax
Actuarial gain (loss) on pension$62$(276)$(54)$235

Item 1. Financial Statements

FAQ

What is Energy Vault Holdings's EPS (diluted)?
Energy Vault Holdings (NRGV) reported EPS (diluted) of -$0.18 in Q2 2026.
How has Energy Vault Holdings's EPS (diluted) changed year-over-year?
Energy Vault Holdings's EPS (diluted) increased by 18.2% year-over-year, from -$0.22 to -$0.18.
What is the long-term trend for Energy Vault Holdings's EPS (diluted)?
Over 3 years (2022 to 2025), Energy Vault Holdings's EPS (diluted) has grown at a -2.0% compound annual growth rate (CAGR), from -$0.69 to -$0.65.
What does EPS (diluted) mean?
Net income divided by the weighted-average number of shares outstanding plus all potentially dilutive securities (stock options, convertibles, warrants). The most conservative EPS measure.

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