What is Energy Vault Holdings's gross profit?

Energy Vault Holdings (NRGV) reported gross profit of $4.79M in Q1 2026.

How has Energy Vault Holdings's gross profit changed year-over-year?

Energy Vault Holdings's gross profit decreased by 1.8% year-over-year, from $4.88M to $4.79M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Energy Vault Holdings NRGV Gross Profit

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Segments

By segment

See full

Reportable Segment$4.79M-1.8%

Other financials

Income statement

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Revenue$21.9M+156%

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

See full

Market cap$759.33M+502%

Enterprise value$853.62M+695%

P/S3.5×+0.8×

Profitability

See full

Gross margin22.1%+2.9pp

Operating margin-35.8%-16.6pp

Net margin-53%-23.8pp

FCF margin-247.8%—

Returns & leverage

See full

Return on equity-158.2%+1,524pp

Debt / equity6.9×+6.7×

Current ratio1.4×+0.6×

Where this comes from

Calculated from Energy Vault Holdings’s reported figures.

$21.9Mtotal revenue−$17.1Mtotal cost of revenue=$4.79M

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 gross profit?: Energy Vault Holdings (NRGV) reported gross profit of $4.79M in Q1 2026.
How has Energy Vault Holdings's gross profit changed year-over-year?: Energy Vault Holdings's gross profit decreased by 1.8% year-over-year, from $4.88M to $4.79M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.