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Energy Vault Holdings NRGV Inventory turnover

Inventory turnover at other companies

Tesla, Inc. logo
Tesla, Inc.TSLA
5.6×+0.3×
Eos Energy Enterprises, Inc. logo
Eos Energy Enterprises, Inc.EOSE
6.6×+2.7×
Fluence Energy, Inc. logo
Fluence Energy, Inc.FLNC
3.1×-0.8×
Microvast Holdings, Inc. logo
Microvast Holdings, Inc.MVST
+0.1×
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
3.2×-1.0×
Enphase Energy logo
Enphase EnergyENPH
3.6×-0.6×

Other financials

Income statement

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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

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

Cash flow

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

Valuation

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Market cap$759.33M+502%
Enterprise value$853.62M+695%
P/S3.5×+0.8×

Profitability

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Gross margin22.1%+2.9pp
Operating margin-35.8%-16.6pp
Net margin-53%-23.8pp
FCF margin-247.8%

Returns & leverage

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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.

Based on trailing twelve months.

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 inventory turnover?
Energy Vault Holdings (NRGV) reported inventory turnover of 1,451.6× in Q1 2026.
How has Energy Vault Holdings's inventory turnover changed year-over-year?
Energy Vault Holdings's inventory turnover increased by 897.6% year-over-year, from 145.5× to 1,451.6×.
What is the long-term trend for Energy Vault Holdings's inventory turnover?
Over 2 years (2023 to 2025), Energy Vault Holdings's inventory turnover has grown at a 206.0% compound annual growth rate (CAGR), from 135.2× to 1,265.7×.
What does inventory turnover mean?
Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.